The company has witnessed a growing trend among corporates and multinational companies to outsource office design, interior fit-outs, furnishing, and ongoing facility management rather than making large upfront capital investments in creating and operating workspaces.
Under this model, enterprises partner with specialized companies to design and build ready-to-move-in offices and manage day-to-day operations, allowing them to focus on their core business while reducing execution timelines and operational complexity.
Recently, Urban Vault completed the design and furnishing of a large office for a leading IT services company in Mumbai. The company delivered the fully operational workspace within just 90 days.
In addition to designing and furnishing the office, Urban Vault has also secured a five-year facility management contract for the same client, under which it will oversee maintenance and operational services.
The agreement has generated an upfront revenue of approximately Rs 25 crore for fit-out and furnishing, along with recurring revenue of around Rs 15 crore annually over the next five years, taking the total contract value to nearly Rs 100 crore.
“We are seeing strong interest from enterprises that want fully managed office solutions without the burden of investing time and capital in office construction and ongoing maintenance. Our ability to design, deliver, and manage large offices within a short timeframe gives clients a faster and more efficient route to occupancy,” said Amal Mishra, Co-founder and CEO of Urban Vault.
UrbanVault has expanded its national portfolio to over 2.80 million sq. ft., managing 70,000+ seats across 80+ locations in Bengaluru, Pune, Gurugram, and other major cities. The company continues to demonstrate strong performance, with an expected turnover of over Rs 200 crore in FY2025-26, 70%+ year-on-year growth, and 18% PAT.