Arvind SmartSpaces Launches Rs 600 Crore Housing Project in Bengaluru

Arvind SmartSpaces is expanding its footprint in Bengaluru with a Rs 600 crore housing project, marking its 12th project and 8th high-rise development in the city. Located on ITPL road near Whitefield, the project aims to deepen the company’s presence in

Arvind SmartspacesBengaluruHousing ProjectHighrise DevelopmentItpl RoadReal Estate NewsOct 09, 2024

Arvind SmartSpaces Launches Rs 600 Crore Housing Project in Bengaluru
Real Estate News:Arvind SmartSpaces, a prominent realty firm, is set to launch a new Rs 600 crore housing project in Bengaluru. This will be the company's 12th overall project and 8th high-rise development in the city, further solidifying its presence in the Bangalore market. The project is strategically located on ITPL road near Whitefield, a bustling area known for its IT hubs and residential amenities.

In a regulatory filing, Arvind SmartSpaces Ltd. announced that it has signed a new residential apartment project with a total estimated saleable area of around 4.2 lakh square feet. The project, undertaken on a joint development basis, is expected to generate a top-line potential of Rs 600 crore. This strategic move underscores the company's commitment to meeting the growing demand for high-quality residential spaces in one of India's most dynamic cities.

Kamal Singal, Managing Director and CEO of Arvind SmartSpaces, expressed his optimism about the new project. \

Frequently Asked Questions

What is the estimated saleable area of the new housing project by Arvind SmartSpaces in Bengaluru?

The new housing project by Arvind SmartSpaces in Bengaluru has an estimated saleable area of around 4.2 lakh square feet.

Where is the new housing project by Arvind SmartSpaces located in Bengaluru?

The new housing project by Arvind SmartSpaces is located on ITPL road near Whitefield in Bengaluru.

How many high-rise projects has Arvind SmartSpaces developed in Bengaluru so far?

Arvind SmartSpaces has developed 8 high-rise projects in Bengaluru, including the new Rs 600 crore project.

What is the revenue potential of the new housing project by Arvind SmartSpaces?

The revenue potential of the new housing project by Arvind SmartSpaces is estimated to be around Rs 600 crore.

When was Arvind SmartSpaces established, and where is it headquartered?

Arvind SmartSpaces was established in 2008 and is headquartered in Ahmedabad.

Related News Articles

Portugal's Golden Visa Program Gets a Revamp to Boost Affordable Housing
real estate news

Portugal's Golden Visa Program Gets a Revamp to Boost Affordable Housing

Portugal's Golden Visa program has undergone significant changes to address concerns over its impact on the housing market, making it more challenging for foreigners to buy homes.

June 6, 2024
Read Article
Why 1 BHK Homes are Becoming a Hit Among Millennials in Bengaluru
real estate news

Why 1 BHK Homes are Becoming a Hit Among Millennials in Bengaluru

High rental yields and rising affordability levels are driving demand for 1 BHK housing units among millennials in Bengaluru

August 3, 2024
Read Article
MahaRERA Reverts to Old Website Amid Technical Glitches on MahaCRITI
Real Estate Mumbai

MahaRERA Reverts to Old Website Amid Technical Glitches on MahaCRITI

Maharashtra Real Estate Regulatory Authority (MahaRERA) has temporarily switched back to its old website due to technical issues on the new MahaCRITI website, causing delays in services for homebuyers, developers, and other stakeholders.

October 4, 2024
Read Article
Affordable Housing to Receive a Boost from Repo Rate Cut and Tax Exemptions: Hiranandani
real estate news

Affordable Housing to Receive a Boost from Repo Rate Cut and Tax Exemptions: Hiranandani

Mumbai (Maharashtra) [India], February 7 (ANI): The real estate business is set to see significant improvements, particularly in the affordable housing segment, thanks to recent repo rate cuts and tax exemption reliefs. According to experts at Hiranandani

February 7, 2025
Read Article
Bhutani Group Cooperates with ED in Money Laundering and Fraud Investigation
Real Estate

Bhutani Group Cooperates with ED in Money Laundering and Fraud Investigation

Real estate firm Bhutani Infra has announced its cooperation with the Enforcement Directorate (ED) in an ongoing investigation into alleged money laundering and fraud involving home buyers.

March 1, 2025
Read Article
Dubai Pioneers Real Estate Tokenisation in Web3 Collaboration
real estate news

Dubai Pioneers Real Estate Tokenisation in Web3 Collaboration

Dubai has launched a pilot phase for real estate tokenisation, a groundbreaking project that leverages Web3 technology to streamline property transactions and enhance market liquidity. The initiative is expected to transform the real estate sector by offe

March 20, 2025
Read Article