DevX unveils Landowner First model, expands to 8.6 lakh sq ft workspace
DEVX · price
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Dev Accelerator shared a press release highlighting its Landowner First Development Management model. The approach has driven the company to 28 centers spanning 8.6 lakh sq ft of operational workspace, with FY25 revenue at INR 1,780 Mn. The model lets landowners retain full ownership and reportedly delivers 20-30 percent higher returns versus traditional joint development. Expansion covers Mumbai, Hyderabad, and Tier II cities including Ahmedabad, Jaipur and Indore. Clients include Zomato and Persistent Systems. The company has signed agreements for an additional 7.2 lakh sq ft.
Showcases growth momentum and a 7.2 lakh sq ft signed pipeline. Likely positive for investor sentiment around expansion strategy.