Arvind SmartSpaces Adds ₹470 Crore Bengaluru Project

has added a new residential high-rise project on Sarjapur Road, Bengaluru, with an estimated top-line potential of ₹470 crore, including the partner’s share. The project is spread across 2.5 acres and has an estimated saleable area of approximately 3.6 lakh square feet. It has been secured on a joint development basis. ***** The new development is an extension of the company’s existing Arvind Sylva project in Sarjapur Road. The location offers connectivity to the Outer Ring Road IT hub, upcoming metro infrastructure, hospitals, educational institutions and recreational facilities. This will be Arvind SmartSpaces’ 11th high-rise project in Bengaluru. Since entering the Bengaluru market in 2013, the company has added 16 projects, of which 8 have been delivered and 8 are currently under development. ***** According to the company's management, the addition further strengthens its vertical development portfolio in Bengaluru. With this project, Arvind SmartSpaces’ cumulative new business development top-line potential for FY27 has reached approximately ₹3,100 crore. The company continues to focus on expansion across Gujarat, Bengaluru and the Mumbai Metropolitan Region (MMR). For investors, key monitorables include project execution, sales bookings, customer demand in Sarjapur and the conversion of the estimated project potential into revenue and cash flows. The ₹470 crore figure represents estimated top-line potential, not immediate revenue or profit. Disclosure: I do not hold any position or financial interest in the mentioned stock.