This global technology client is the world leader in digital signal processing and analog technologies. The client planned for a build-to-suit campus in Bangalore to integrate its two R&D centers and provide flexibility for growth. Worldwide, the company has relied on internal processes for its real estate decisions. However, for negotiating the complexities of the Indian property market, the client appointed UGL Equis as consultants after a competitive bid process.

The portfolio spans the breadth of real estate services from strategic planning to move management. UGL Equis has since consistently sought to integrate client’s best practices into its own processes.

UGL Equis India first researched the financial implications of a ‘Lease vs Buy’ decision. Subsequently, UGL Equis worked in tandem with the client’s Human Resource Group to map employee residences and transportation costs. Competitor activity was tracked.

In compliance with the client’s site selection procedures, an Environment Health and Safety Study for soil analysis and nuclear waste was conducted. UGL Equis outsourced professional traffic analysis to chart out the traffic spindle for each site option.

A team with expertise in design reviews, engineering and fit-out management conducted space utilization studies on existing facilities to promote value-engineering decisions.

Since the client and UGL Equis began its partnership, the team has achieved:

• Savings in land cost to the extent of USD 2 million (Rs. 914 lacs)
• A documented, process driven approach to land acquisition
• Commencement of construction activity on the 300,000 sq ft build-to-suit campus (project completion July 2004)
• Value engineering in respect of design and architectural features resulting in 15% savings. Time and cost reduction of 90 days and USD 430,000 (Rs. 200 lacs) respectively.
• Fit-out Management of a 75,000 sq ft research center - this involved conducting safety and quality audits of design features.