Real Estate Mumbai

Naiknavare Targets 20% Revenue Growth by FY27 with ₹125 Cr Co-Living

2026-10-03 · GeoSquare News Scraper

Naiknavare Developers has set its sights on a 20% increase in revenue by FY27, backed by a planned investment of more than ₹125 crore in the co-living segment. The company is looking to strengthen its presence across key Maharashtra markets and expand into newer residential formats.

Co-living as a growth driver

The proposed investment will be directed towards developing and acquiring co-living assets, a segment that has gained traction among young professionals and students. The developer expects this vertical to contribute meaningfully to its topline over the next two financial years.

Geographic focus

Going forward, the company's project pipeline is likely to remain concentrated in Pune, Mumbai, Navi Mumbai and Goa. These markets offer a mix of end-user demand and investment interest, particularly in the affordable and mid-segment housing categories.

With a sharper focus on operational efficiency and asset-light opportunities in managed living, Naiknavare is positioning itself for steady growth in an evolving real estate cycle.