HomeLane Expands with 25 New Experience Centers

HomeLane is a company that helps people design and build their homes.

They have stores called experience centers where customers can see and choose different home designs.

HomeLane is planning to open 25 new experience centers in the next six months, mostly in big cities like Mumbai and the National Capital Region.

They already have 84 such centers.

Most of their business now comes from a special model where franchisees own the centers, but HomeLane runs them.

The company was started in 2014 and has delivered more than 55,000 homes so far.

They are backed by some big investors and have been reducing their losses while increasing their revenue.

HomeLane wants to become fully profitable by the end of the next financial year.