Urban Vault eyes Rs 50 crore revenue as it delivers turnkey offices in just 90 days

A Mumbai office was delivered and running in 90 days
Flexible workspace provider Urban Vault expects to earn Rs 50 crore in revenue in FY 2026–27 from design, fit-out and facility management as large enterprises increasingly outsource turnkey office creation. The company cites a shift away from heavy upfront capital spending toward faster occupancy and simpler operations. Urban Vault recently delivered a fully operational Mumbai office for an IT services firm in 90 days, with a five-year facility management contract attached. The deal generated about Rs 25 crore upfront and recurring revenue near Rs 15 crore annually, lifting total contract value to nearly Rs 100 crore.
- Urban Vault targets Rs 50 crore revenue in FY 2026–27
- Trend: corporates outsource office design, fit-outs and facility management
- Mumbai project delivered fully operational workspace in 90 days
- Same client contract adds Rs 25 crore upfront and Rs 15 crore annually recurring
- Total contract value is nearly Rs 100 crore
- Company manages 2.80 million sq ft, 70,000+ seats across 80+ locations
This summarization was done by Beige for a story published on
The Economic Times
