Image Source: Univest
Dev Accelerator Limited has unveiled a pioneering Development Management model that empowers landowners to retain full ownership while unlocking higher returns. With 8.6 lakh sq. ft. of premium workspace across 28 centers, the company reported INR 1780 Mn revenue in FY25, driving expansion across metros and Tier II cities.
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Dev Accelerator Limited is reshaping India’s commercial real estate landscape through its innovative Landowner First Development Management (DM) model. This approach allows landowners to retain 100% ownership while benefiting from 20% to 30% higher returns compared to traditional agreements.
Key Highlights
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The DM model has enabled rapid expansion across Mumbai, Hyderabad, and Tier II hubs including Ahmedabad, Jaipur, Udaipur, Indore, and Surat.
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DevX now manages 8.6 lakh sq. ft. of operational space across 28 centers, serving clients such as Zomato, Persistent Systems, Wipfli, and Paperchase & Co.
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FY25 revenue stood at INR 1780 Mn, reflecting strong demand for institutional-grade office assets.
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The company oversees the entire project lifecycle, from feasibility studies and design to government approvals, construction monitoring, and leasing.
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Integrated capabilities include Phi Designs for interiors and dedicated teams for project management, ensuring delivery within 75 to 90 days.
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DevX has secured an additional 7.2 lakh sq. ft. in signed agreements, reinforcing its leadership in managed workspaces.
Sources: Dev Accelerator Limited press release, NSE filings, BSE announcements
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