Nila Spaces Limited actively pursues comprehensive real estate development. The company’s focus spans both residential and commercial projects, involving the construction and sale of buildings, alongside other property-related endeavors. Its operations are concentrated in Gujarat, India, with significant engagement in the planned urban landscape of GIFT City, where it develops upscale residential communities such as VIDA and Prana, and has contributed to co-working environments. The firm is distinguished by its commitment to sustainable practices, employing advanced construction techniques, and promoting a "Power Living" philosophy that aims to foster urban well-being and addresses modern lifestyle needs. Incorporated in 2000 and based in Ahmedabad, India, the company was previously known as Parmananday Superstructure Limited until its rebranding to Nila Spaces Limited in November 2017.