Nila Spaces touches roof on launching residential development ‘Prana’ in Gujarat
Nestled within India's most future-ready smart city, the GIFT city, this development signals a bold step forward in how modern India aspires to live and thrive

Nila Spaces is locked its upper circuit limit at Rs. 13.72, up by 1.24 points or 9.94% from its previous closing of Rs. 12.48 on the BSE.
The scrip opened at Rs. 12.60 and has touched a high and low of Rs. 13.72 and Rs. 12.19 respectively. So far 370978 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 19.40 on 20-Dec-2024 and a 52 week low of Rs. 7.63 on 07-Aug-2024.
Last one week high and low of the scrip stood at Rs. 13.72 and Rs. 11.53 respectively. The current market cap of the company is Rs. 540.42 crore.
The promoters holding in the company stood at 61.90%, while Institutions and Non-Institutions held 0.04% and 38.05% respectively.
Nila Spaces has launched Prana, a residential development located at GIFT City, Gujarat. Positioned as India's first true Power Living community, Prana introduces a new paradigm of urban life- one that is purposefully designed to energize, connect and elevate. Nestled within India's most future-ready smart city, the GIFT city, this development signals a bold step forward in how modern India aspires to live and thrive.
Prana introduces a vertical living model that incorporates architectural elements such as natural lighting, biophilic features and structured water systems. At the core of the development is a purpose-built wellness and longevity club-one of the most expansive private wellness facilities of its kind in a residential setting in India. Thoughtfully curated, this integrated wellness space brings together ancient mindfulness traditions, modern fitness technologies and next-generation recovery tools to support stress management, emotional resilience and everyday rejuvenation.
The project has involved collaborations with top-tier global firms. Brand identity has been shaped by lnterbrand, a global brand consultancy. Architectural planning is led by Blocher Partners, a German design studio known for its functional and human-centred approach. Lifestyle services within the development will be supported by Quintessentially, a concierge service provider operating across travel, wellness, dining, education, and culture.
The company is engaged in the development of real estate comprising of residential and commercial projects.