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Launch · Real Estate & PropTech

BuildSpace launches with 3 million sq ft pipeline

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Date
Company
BuildSpace
What it does
Industrial and warehouse project developer
Kind
Launch
Based in
Navi Mumbai
Founded
2025
Sector
Real Estate & PropTech

What they do

The Navi Mumbai company plans, designs and builds factories and warehouses for manufacturers, logistics firms and landowners

What happened

Its formal launch lists four projects of about 3 million sq ft plus over 165 acres held under mandate

Why it matters

Management values that pipeline and land at roughly Rs 1,100 crore together, which is not revenue already signed up

The details

  • BuildSpace has announced its formal launch as a developer of industrial and warehouse space in India.
  • It counts a pipeline of about 3 million sq ft spread over four projects.
  • It also holds development rights over more than 165 acres of land that it does not own itself.
  • The company puts the pipeline's worth at around INR 6,000 million and the land's indicative worth at about INR 5,000 million.
  • Together that comes to roughly INR 11,000 million, a figure it says is neither contracted revenue nor a company valuation.
  • Its first big site is Sahakar Logistics Park in Bhiwandi, spread over 42 acres.
  • That project is being built now and offers about 1.3 million sq ft of chargeable space for lease.
  • Space there is being offered to logistics, distribution and factory tenants, including buildings made to a tenant's own design.

The bigger picture

  • The founders say India's factories and supply chains now want buildings shaped around how work actually flows, not standard property units.
  • They argue the sector is fragmented, with land, construction skill and money sitting in separate hands.
  • Better roads and fresh factory investment are expected to lift demand for such buildings in the corridors it is targeting.
  • The company's stated aim is to stay with a project from early planning through delivery and later performance.

About the business

  • BuildSpace works through three arms aimed at tenants, landowners and investors.
  • BuildINFRA handles site study, master planning, design, engineering and construction management for companies that will occupy the space.
  • It can deliver buildings made to order, ready-to-use units, or simply run a project on land the tenant already owns.
  • BuildVALUE helps landowners develop well-placed plots, often letting them keep ownership while BuildSpace runs planning, leasing and management.
  • BuildWEALTH forms project-level partnerships with institutional investors in top-grade industrial and warehouse assets.
  • Its target markets are Maharashtra corridors including Chhatrapati Sambhajinagar, Ranjangaon, Nashik and Nagpur.
  • It is also looking at Dholera and Guwahati as later growth markets.
  • It says its buildings are judged on how they perform in use, the rules they meet, their environmental footprint and their worth years later.

What happens next

  • Sahakar Logistics Park in Bhiwandi is under construction and is being marketed to tenants.
  • The company plans to add projects in Maharashtra corridors it has named as priorities.
  • It is studying entry into Dholera and Guwahati.

The deal

Type
launch

Founders

  • Rohan Latad, Managing Director and Chief Executive Officer
  • Nitin Mumbaikar, Managing Director and Chief Technology Officer
  • Pankaj Kakde, Managing Director and Chief Financial Officer

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