What Spacegroup does

Spacegroup (legal name: SPACEGROUP) is a privately held, founder-managed residential real estate development company headquartered in Kadugodi, Bangalore, India. The group operates through three wholly-owned subsidiaries — Space Properties (residential plot and villa plot development), Space Constructions (construction services), and Space Designs (interior architecture and fit-out) — delivering an integrated land-to-interior offering for Bangalore homebuyers.

The company's core product is BMRDA/BDA/BBMP-approved gated-community plotted developments in Bangalore's Whitefield micro-market, including Nayana Greens (172 plots on 10.07 acres), the larger Soahan Serenity (456 plots on 30 acres 2 guntas), and the completed Madhura Vihar (203 plots on 8 acres 33 guntas). With Nayana Greens II, the firm is expanding from plots into built premium 4.5BHK villas (2,200-3,000 sqft). Pricing for active plotted developments starts from ₹2,000/sqft (Madhura Vihar) to ₹3,000/sqft (Nayana Greens), with Soahan Serenity quoted on request. The ancillary revenue streams are construction services and residential interior design for buyers who purchase plots through the group.

The business model is direct-to-consumer plot sales via the group's Kadugodi sales office, on-site visits, and an SEO- and content-driven website funnel, augmented by a referral program and social media engagement. Customer concentration is on individual homebuyers and real estate investors (including NRIs) seeking land in Bangalore's growth corridors; unit-level pricing of one-time/perpetual license transactions means revenue is lumpy and tied to plot sale closures and project handovers. The company has 51-100 employees and is led by Founder Munesh, CEO Hemalatha H, and Vice President Santosh Kumar, with no disclosed external institutional investment.

Name

Spacegroup

Legal name

SPACEGROUP

Website

https://spacegroupco.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

Spacegroup is a privately held Bangalore-based residential real estate developer operating through Space Properties (plotted developments), Space Constructions, and Space Designs to deliver BMRDA-approved gated-community plots, villa plots, and built villas in the Whitefield micro-market for individual homebuyers and investors.

Ownership category

akta.pro rank

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Marketing or Sales, Personnel, Infrastructure

Revenue model

1. Residential Plot Sales: Primary revenue stream from selling residential plotted developments. Space Properties develops and sells individual plots within gated community layouts including villa plots in Bangalore's Whitefield and surrounding areas.
2. Residential Interiors Services: Interior design and fit-out services for customers who purchase plots and wish to build custom homes. Provides end-to-end residential interiors in Bangalore including design consultation, material selection, and project management.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Spacegroup is a Bangalore-based real estate development organization that designs, develops, and sells residential plotted developments, villa plots, and gated community projects in the Whitefield micro-market. It operates through three divisions: Space Properties (residential plot development), Space Constructions (construction services for commercial and residential buildings), and Space Designs (interior architecture and design services).

Product overview

Space Group is a professionally managed real estate development organization in Bangalore operating through three divisions: Space Properties (residential plot and villa development), Space Constructions (construction services for commercial and residential buildings), and Space Designs (interior architecture and design). The company specializes in gated community plotted developments and luxury residential interiors. Key current projects include Nayana Greens (172 plots in Whitefield), Soahan Serenity (456 plots in Whitefield), and Nayana Greens II (premium 4.5BHK villas). Completed projects include Krishnappa Layout and Madhura Vihar. The company also offers residential interiors services to assist plot/villa buyers with design and construction of their homes.

Differentiator

Problem solved

Functional benefit

Brands

• Space Properties: Property development subsidiary specializing in residential plots, villa plots, and gated community developments in Bangalore.
• Space Constructions
• Space Designs

Products and services

• Nayana Greens BMRDA-approved residential plotted development comprising 172 plots spread over 10.07 acres in Whitefield, Bangalore. Offers villa plots with amenities including clubhouse, jogging tracks, gymnasium, sports courts, and 24/7 security. Targeted at individual homebuyers and investors.
• Soahan Serenity Luxury gated community residential layout spanning 30 acres 2 guntas with 456 plots in Appajipura, Whitefield, Bangalore. Features amenities such as walkway, outdoor gym, yoga area, cycling track, skating rink, amphitheatre, kids play area, and outdoor workstation. Targeted at premium villa plot buyers.
• Nayana Greens II Premium 4.5BHK villas development in Nadavathi-Whitefield, Bangalore with built-up area of 2200-3000 sqft approximately. Upcoming project offering luxury villa living for end-user homebuyers.
• Madhura Vihar Completed affordable residential plotted development spanning 8 acres 33 guntas with 203 plots. Plots priced starting from ₹2000/sqft, targeted at budget-conscious homebuyers in Bangalore.
• Krishnappa Layout Completed residential plotted development by Space Properties in Bangalore. A delivered project demonstrating the company's track record of on-time delivery.
• Residential Interiors Services Interior design and fit-out services for villas including space planning, material selection, color coordination, and installation. Assists plot/villa buyers in transforming spaces into personalized living areas. For end-user homeowners in Bangalore.
• Construction Services Construction services delivered through Space Constructions for modern commercial buildings, spacious family houses, and sustainable intelligent homes. Develops and builds spaces according to customer preferences and budget. For commercial and residential clients.
• Interior Architecture and Design Services Interior architecture and design services delivered through Space Designs, covering awe-inspiring interiors for residential, retail, F&B, and corporate spaces. Provides luxury residential interiors and design consultation for homeowners and businesses.

Quantifiable outcome

• Projects are RERA compliant with clear title documentation and no pending litigation
• +1 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Godrej Properties: Pan-India listed developer with active Bangalore projects including plotted developments; broader portfolio but overlapping product and geography.
• Mahindra Lifespace Developers: National listed developer with residential plotted and villa projects in Bangalore; broader geographic footprint but overlapping product category.

Direct peers

• Assetz Property Group: Bangalore-based boutique developer of premium villas, plotted layouts and apartments; comparable in scale, premium Whitefield-adjacent positioning, and integrated development approach.
• Prestige Group: Bangalore-headquartered residential and commercial developer with deep Whitefield presence, offering plotted developments, villas and apartments — the closest large-scale direct comparable to Space Group's plotted-development model.
• Brigade Group: Bangalore-based diversified developer active across Whitefield and East Bangalore with apartments, villas and plotted layouts; comparable in geographic focus and product mix to Space Group.
• Sobha Limited: Bengaluru-anchored premium developer with integrated design-to-construction capabilities and villa/apartment offerings across Bangalore, mirroring Space Group's three-subsidiary integrated model.
• Shriram Properties: Bangalore-focused residential developer with plotted developments and apartments at affordable-to-mid price points, directly comparable to Space Group's affordable Madhura Vihar / Nayana Greens positioning.
• Puravankara Limited: Bangalore-headquartered listed residential developer with plotted and villa projects across South India; comparable as a multi-product Bangalore-focused builder competing in similar micro-markets.
• Total Environment: Bangalore-based premium developer focused on villas and plotted communities with in-house design and construction — closely mirrors Space Group's premium Whitefield villa/plotted strategy.

Regional players

• Kolte-Patil Developers: Pune-headquartered listed developer with plotted and integrated township projects; comparable business model and integrated value chain but primarily serves Pune/Mumbai rather than Bangalore.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SpaceGroupIndi1
• Facebookfacebook.com/SpaceGroupIndia
• LinkedInlinkedin.com/company/space-groupindia

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spacegroup