Bengaluru, Karnataka, 15th of May 2026 : Urban Vault, one of India’s leading managed and flexible workspace providers, expects its fast-growing design, fit-out, and facility management business for offices to generate approximately ₹50 crore in revenue in FY 2026–27, driven by increasing demand from large enterprises seeking turnkey office solutions.
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 such as Urban Vault 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, showcasing its ability to execute large-scale projects within tight timelines.
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 ₹25 crore for fit-out and furnishing, along with recurring revenue of around ₹15 crore annually over the next five years, taking the total contract value to nearly ₹100 crore.
Speaking on the development, Mr. Amal Mishra, Co-founder and CEO of Urban Vault, said: “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. We believe this business segment will become a significant growth driver for Urban Vault over the coming years.”
Traditionally known for its managed office and flexible workspace solutions, Urban Vault has expanded its offerings to include end-to-end workplace solutions covering strategy, design, fit-outs, furnishing, and facility management.
The company believes this integrated model addresses a growing need among enterprises for speed, flexibility, and operational efficiency in workplace creation.
With the successful execution of large enterprise mandates and increasing client interest, Urban Vault expects the fit-out and facility management vertical to emerge as an important contributor to its overall business and a key component of its long-term growth strategy.
Over the years, 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 ₹200 crore in FY2025-26, 70%+ year-on-year growth, and 18% PAT.
ABOUT URBAN VAULT
Founded in 2018, UrbanVault is a bootstrapped managed office space provider headquartered in Bengaluru, achieving impressive growth and profitability without external funding. The company recorded a ₹120 crore turnover in FY 2024–25, with 18% profit after tax and consistent year-on-year growth, reflecting strong financial discipline and sustainable business practices.
UrbanVault’s decision to self-fund its expansion has enabled it to maintain full control over operations and strategic direction. Since inception, the company has grown from a modest 40 seats to more than 70,000 seats across its network. Spanning over 2.80 million square feet across multiple cities, UrbanVault’s portfolio demonstrates its commitment to delivering value-driven, high-quality workspace solutions for a diverse set of enterprises.
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