real estate
Umiya Buildcon's Strategic Leap: Strong Q1 FY26 Performance Driven by Hybrid Revenue Model
Umiya Buildcon reports a strong Q1 FY26, with revenue up 17% to ₹12.82 crore and adjusted EBITDA soaring 745% to ₹42.12 crore. This growth is driven by its hybrid revenue model, balancing high-margin real estate and telecom/networking solutions. A key asset sale of ₹40.5 crore boosted capital, earmarked for new manufacturing and R&D.
Smartworks' Pre-IPO Performance: Revenue Soars 32% to ₹1,374 Crore, But Losses Widen to ₹63 Crore
Smartworks, an IPO-bound coworking major, reported a 32% revenue surge to ₹1,374 crore in FY25, but net losses widened to ₹63 crore. As it prepares for a July 10 IPO, the company aims to reduce expenses and achieve profitability. Funds will fuel expansion and debt repayment in India's growing flexible workspace market.
Smartworks Coworking Spaces to Launch IPO on July 10, Eyes Public Listing Amidst Sector Growth
Smartworks Coworking Spaces' IPO opens July 10, aiming to raise capital for expansion and debt repayment. The managed office solutions provider, focusing on large enterprises, reported ₹1,409.67 crore revenue in FY25. With 8 million sq ft leased across 13 cities, this listing signifies a major step for India's flexible workspace sector amidst growing demand.
UrbanVault Accelerates Growth in Gurugram with Two New Coworking Hubs, Commits ₹100 Crore for FY26 Expansion
UrbanVault launches two new coworking centers in Gurugram, adding 35,000 sq ft and 700 seats. This strategic expansion into Delhi-NCR is backed by a committed investment of ₹100 crore for FY26 to fuel pan-India growth. The move capitalizes on surging demand for flexible workspaces, particularly in Gurugram's thriving office market.
For Haresh Mirpuri, sustainability isn't an add-on; it's a project's starting point
Haresh Mirpuri, founder of Essensai067, champions integrating sustainability from a project's inception, not as an afterthought. His Bangalore retail development, Essensai067, exemplifies this with solar energy, rainwater harvesting, and waste conversion. Mirpuri argues early planning reduces costs, integrates site-specific strategies, and allows buildings to subtly guide occupants toward sustaina
From Urban Planning Legacy to Building Inclusive Cities: The Journey of Hardik Mavadia and DDIIPL
Hardik Mavadia, founder of Prakalp Designs, is redefining urban planning by bridging infrastructure and policy gaps. With a legacy in city planning, he focuses on inclusive, sustainable, and resilient development. His startup’s client-centric approach, innovative solutions, and flexibility have positioned it as a key player in India’s urban transformation.
From Tradition to Innovation: Harpreet Singh’s Journey in Revitalizing a Family Legacy
Harpreet Singh, leading the DPGC Group, has transformed his family’s legacy logistics business into a diversified enterprise, excelling in logistics, finance, and real estate. With resilience and modern strategies, he revived their NBFC, disbursing ₹50 crore in loans and targeting ₹500 crore AUM by 2028. Harpreet’s journey exemplifies innovation while honoring traditional values.