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

Business
Published on 15 May 2026
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
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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