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Past performance
About Nila Spaces Ltd Nila Spaces Limited, part of the Sambhav Group and headquartered in Ahmedabad, Gujarat, specializes in real estate development, focusing on residential and commercial projects. Incorporated in 2000, the company emphasizes affordable housing, enabling buyers to benefit from the PMAY - Housing for All Mission. With a land bank of over 18 acres, Nila Spaces has the potential to develop 47 lakh sq.ft. It offers residential apartments across premium, luxury, and signature categories.
Following a demerger from Nila Infrastructures Ltd. effective April 1, 2017, Nila Spaces has expanded its portfolio by acquiring subsidiaries, joint ventures, and associates such as Nila Projects LLP and Mega City Cinemall Pvt. Ltd. The company aims to provide comprehensive real estate development services by organizing unstructured land and financial resources, primarily catering to the affordable housing segment. This strategic focus aligns with the significant infrastructure and economic growth potential in Gujarat, enhancing its prospects in the real estate sector.