Indiqube Spaces (NSE:INDIQUBE) Construction In Progress: ₹1,189 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:INDIQUBE Indiqube Spaces Ltd NSE:INDIQUBE
2 GF Score
Price ₹173.76
! 4 Warning Signs
View Full Analysis

What is Indiqube Spaces Construction In Progress?

Indiqube Spaces NSE:INDIQUBE +1.86% 2 Construction In Progress is ₹1,189 Mil as of Mar. 2026. GuruFocus rates NSE:INDIQUBE with a GF Score™ of 2/100. The stock has 4 warning signs investors should review.

Indiqube Spaces's quarterly construction in progress declined from Sep. 2025 (₹1,178 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹1,189 Mil).

Indiqube Spaces's annual construction in progress increased from Mar. 2024 (₹773 Mil) to Mar. 2025 (₹1,229 Mil) but then declined from Mar. 2025 (₹1,229 Mil) to Mar. 2026 (₹1,189 Mil).

Indiqube Spaces Construction In Progress Historical Data

* Premium members only.

The historical data trend for Indiqube Spaces's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Indiqube Spaces Construction In Progress Chart

Indiqube Spaces Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
251.73 258.20 772.82 1,228.54 1,189.45

Indiqube Spaces Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1,228.54 1,178.34 0.00 1,189.45
NSE:INDIQUBE
2GF Score
Indiqube Spaces Ltd NSE:INDIQUBE
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indiqube Spaces Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ₹1,189 Mil mean?
Indiqube Spaces (NSE:INDIQUBE) has a Construction In Progress of ₹1,189 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Indiqube Spaces and its competitors.
Is Indiqube Spaces' Construction In Progress too high?
Indiqube Spaces' current Construction In Progress is ₹1,189 Mil. Overall, Indiqube Spaces has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Indiqube Spaces' Construction In Progress compare to CBRE and BEKE?
Indiqube Spaces' Construction In Progress of ₹1,189 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Real Estate company?
A good Construction In Progress depends on the Real Estate industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Indiqube Spaces and its competitors. Indiqube Spaces's current Construction In Progress is ₹1,189 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indiqube Spaces stock overvalued right now?
Indiqube Spaces (NSE:INDIQUBE) has a current Construction In Progress of ₹1,189 Mil. The current Construction In Progress is ₹1,189 Mil. Indiqube Spaces' overall GF Score™ is 2/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Indiqube Spaces (NSE:INDIQUBE), the current Construction In Progress is ₹1,189 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Indiqube Spaces Business Description

Other Exchanges 544454:India
Address Outer Ring Road, Kariyammanna Agrahara Road, Plot No. 53, Careernet Campus, Devarabisnahalli, Bengaluru, KA, IND, 560 103
Indiqube Spaces Ltd is engaged in the business of leasing of network of shared work spaces of fully or partly equipped premises and other related activities. This is considered the only business segment. Its solutions are Indiqube Grow, Indiqube Bespoke, Indiqube Cornerstone, Indiqube One, and Miqube.
2GF Score

Get the complete analysis for NSE:INDIQUBE

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹173.76
Price