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Tata Cromā Tata Cromā

Tata Cromā

Kiran ReddyK • 17/06/2021
Client Tata Cromā
Location Guntur
Client Type Consumer Electronics
Area Transacted 12,000 SF
Broker name Kiran Kumar Reddy
Designation Manager
Location Hyderabad
Existing Relationship No

 

About the client

Infiniti Retail, a subsidiary of the Tata Group, runs Cromā stores in India which is a retail chain for consumer electronics and durables. Presently, there are a total of 190 Cromā stores in 32 cities in India.

Transaction Details

Tata Cromā, a leading consumer electronics and durable retail chain in India, wanted to open a new store in Guntur.

A leading IPC was in the advance stage of transaction in the same catchment with the client. For the client advantage, the Cushman & Wakefield retail team leveraged their existing relationship and presented a new option which had a better offering and was more beneficial in terms of rental and CapEx. 

Client wanted to close the requirement at the earliest and C&W retail team, making it a top priority, travelled to tier-2 cities during lockdown to conduct the site visits and concluded the transaction. The store is now fully operational.

 
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