CHENNAI: Construction aggregator Wehouse which has launched a new centre in the city, is expecting an exponential revenue of 620% after expansion efforts.
The Hyderabad-based construction company has initiated its territorial expansion as 84–120 projects await Wehouse’s intervention in the city for successful completion and handover. The objective is to accrue a built-up area of five lakh square feet by March 2023. In sync with the expansion plans, the company is also looking to amplify the team size by hiring over 100 employees and fostering strategic partnerships with over 500 partners by March 2023, respectively.
The company has completed 1 million square feet of built-up area as of now.
Sripad Nandiraj, co-founder-CEO, Wehouse, said, “Expansion is the heartbeat of a corporate body. In alignment with our operational and territorial aspirations, we are also looking to amplify our teams and create resourceful business relationships with various partners in the construction industry. The comprehensive blueprint for expansion considers many facets that we’re looking to build upon in a phased manner.”