
New Launch12 Feb 2026, 04:14 pm
DevX Signs India’s Single Largest ‘Development Management’ Deal of 8 Lakh Sq. Ft. in Ahmedabad, Targeting INR 120 Cr Revenue
AI Summary
Dev Accelerator Limited has announced the signing of a landmark 27-storey commercial office tower spread over 8 lakh sq ft in Ahmedabad. This deal, valued at over INR 850 crore of total rentals, is projected to generate an annual revenue of INR 120 Crores upon completion. The project is structured under the Development Management model and is expected to be ready in about 2.5 to 3 years. This expansion will add 8,500 seats to the city's commercial ecosystem, capitalizing on the infrastructure boom driven by Ahmedabad's future growth prospects and the upcoming Commonwealth Games.
Key Highlights
- DevX signs India’s single largest ‘Development Management’ deal of 8 lakh sq. ft. in Ahmedabad
- Project valued at over INR 850 crore of total rentals
- Projected to generate an annual revenue of INR 120 Crores upon completion
- Expansion will add 8,500 seats to the city's commercial ecosystem
- Structured under the Development Management model