Nila Spaces Limited has become a Limited Partner with Earth Fund, India’s 1st real estate tech and sustainability-focused venture capital fund. It has done so through an investment of Rs 50 million into the fund. The investment aligns with the company’s wider capital allocation plans.

Nila Spaces has said that the investment is aimed at improving efficiency of operations, decarbonisation, and strengthening itself for potential change in sectors. These goals can be achieved by being granted access to smart infrastructure, low-carbon materials, and digital construction workflows. 

Deep Vadodaria, Managing Director of Nila Spaces, said that this investment will help the company stay ahead of other real estate developers by being equipped with the latest technological solutions and products. He remarked that the future of real estate will likely be shaped around technology integration and innovation.