Arvind SmartSpaces Share Price Gains Over 6%; Launches Project Worth Nearly ₹180 Crore in South Ahmedabad

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. 

Arvind SmartSpaces New Project Details 

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. 

Demand for Plotted Developments 

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. 

Announcement Date 

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. 

Location of the Project 

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 and Its Legacy 

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. 

Arvind SmartSpaces Share Price Performance 

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. 

Read More: LTM Share Price Surges; Launches BlueVerse™ for iRun to Outcreate Managed Services in the Agentic AI Era! 

Conclusion 

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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