New Launch30 Jan 2026, 02:02 pm
Nila Spaces Plans National Expansion, Tokenised Residential Projects, and Digital Engagement Platforms
AI Summary
Nila Spaces Ltd, a wellness-focused real estate developer, has announced its strategic plans for 2026 and beyond. The company aims to expand nationally, develop community-led residential formats, and invest in virtual engagement platforms and tokenised ownership models. Nila Spaces reported consolidated revenues of ₹5,220 lakh for Q3 FY26, with an EBITDA margin of 34.5%. The company's ROCE improved to 21.4% and ROE stood at 11.8%.
Key Highlights
- Nila Spaces plans to expand nationally through collaborations with like-minded partners
- The company is developing community-led, integrated weekend wellness homes
- Nila Spaces is investing in VirtSpaces, an immersive 3D rendering and digital experience platform
- The company's residential project, Vida, is proposed to be among India’s first tokenised residential projects
- Nila Spaces reported consolidated revenues of ₹5,220 lakh for Q3 FY26, with an EBITDA margin of 34.5%