Urban Living Spaces ties up with Radhika Projects to provide its Proptech solutions

Hyderabad, April 14, 2022: Urban Living Spaces, a development management servicing company has partnered with Radhika Projects, a property developer for the development management (DM) of their upcoming residential projects in Hyderabad. A press release issued by the company says that the 252 residential projects under the name IHITA are worth Rs 270 crores. The 24-months partnership will begin on April 15, 2022. Urban Living Spaces will provide its Adtech, Proptech, FinTech, and BuildTech solutions to Radhika Projects for the development and management of their future projects. During this partnership period, Urban Living Spaces will also provide real-time industry experience to young working professionals from Radhika Projects. All The approvals for the upcoming residential township by Radhika Projects are put in place with bank loan tie-ups which include SBI and HDFC banks.

Talking about the partnership, Naveen Mypala, Founder of Urban Living Spaces said, “The Proptech solutions offered to Radhika Projects for development management of their upcoming projects will raise their sales opportunity by 25% and employability by 30%. We are looking forward to providing our 20+ years of industry experience to the young professionals with the process and Tech based workbench to monitor performance and improve customer experience and training them in this field. The partnership is also going to encourage other developers in leveraging our cost-effective Proptech solutions for the execution of their projects seamlessly”.

Sunil Damodar, Founder of Radhika Projects stated, “The latest Proptech solution offered by Urban Living Spaces is going to help in building the brand image of the company and elevating the sales process. We are coming up with 252 eco-friendly and sustainable residential flats in Hyderabad, demand for which has increased in recent times.”