Facility management firm Abante expands into hospitality with new brand

Aims for INR 10 billion in revenue by 2029

Abante Integrated Facility Management, a property management company, says it has surpassed the landmark of managing 100 sites, covering a total of 93,000 sqm.

Abante Integrated Facility Management, a property management company, announced that it has reached 100 sites under management, covering 93,000 sqm. The company hosted a gala to commemorate the milestone, which was attended by industry stalwarts and business partners.

In a press statement, Abante also announced its entry into the hospitality sector with the launch of its new brand, Lusso Hospitality. This new division will specialise in managing high-end clubs, sports facilities, and food and beverage (F&B) operations. Through this venture, Abante seeks to deliver unparalleled luxury and comfort to its clientele.

The statement adds that Abante’s new ventures, including its foray into hospitality with Lusso Hospitality, are part of a larger strategic plan aiming to generate INR 10 billion in revenue over the next five years.

“Abante is one of India’s leading facility management companies, experiencing rapid growth. Our commitment to delivering exceptional services has helped us achieve this historic milestone. We are also preparing for an IPO in the near future, marking an exciting step forward in our journey,” says Arvind Kumar, CEO, Abante.

“We have always focussed on skilled manpower, complaint management, and meeting client expectations. Our well-trained and well-groomed resources are our forté,” adds Vivek Jain, CEO, Elavocare.

The property management company also announced several initiatives as part of its strategic expansion which includes the relaunch of Abante with a new brand identity, launch of NEXFEC, a mobile application which offers solutions for managing facility operations through paperless technology, allowing clients to track and manage data more efficiently. 

Another venture announced by Abante is the launch of a new event management company, dedicated to organising community events within high-rise societies. This initiative aims to foster community engagement and create memorable experiences for residents. 

The company adds that with its ambitious expansion plans, it aims to strengthen its reputation as a trusted partner for managing facilities across diverse sectors.