Arvind SmartSpaces Limited has unveiled a new residential project in South Ahmedabad, marking a significant addition to its portfolio.
The project, situated on Kerala-Nalsarovar Road, is expected to generate a top-line of approximately ₹180 crore as per the exchange filings.
The new project by Arvind SmartSpaces is a horizontal development located in South Ahmedabad. It covers 58.25 acres and offers a saleable area of 2.5 million sq. ft.
This joint development project aims to tap into the growing demand for plotted developments in the region.
South Ahmedabad is becoming a preferred location for plotted developments and weekend homes due to increasing demand and improved infrastructure connectivity.
This trend has encouraged Arvind SmartSpaces to invest in this promising micro-market.
The announcement of this new project was made on June 15, 2026. This marks a strategic move by Arvind SmartSpaces to expand its footprint in the Ahmedabad region.
The project is strategically located on Kerala-Nalsarovar Road in South Ahmedabad. This area is known for its potential in the real estate market, offering opportunities for growth and development.
Arvind SmartSpaces, part of the 128-year-old Lalbhai Group, is a leading real estate developer in India.
Established in 2008, the company has a significant presence across major cities, including Ahmedabad, Gandhinagar, Baroda, Bengaluru, MMR, and Pune.
As of June 16, 2026, at 9:52 AM, Arvind SmartSpaces share price on NSE was trading at ₹630.00 up by 5.94% from the previous closing price.
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Arvind SmartSpaces' new project in South Ahmedabad spans 58.25 acres with a saleable area of 2.5 million sq. ft., projected to generate ₹180 crore. This development highlights the company's strategic expansion in a promising real estate market.
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Published on: Jun 16, 2026, 10:50 AM IST
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