The project is spread across 4.18 acre and has a saleable area of 4.6 lakh sq. ft.
Bengaluru, NFAPost: Arvind SmartSpaces Limited (ASL), one of India’s leading real estate development companies, part of the Lalbhai group, announced that it has acquired a new residential high-rise project in Whitefield, Bengaluru with a total estimated saleable area of ~4.6 lakh sq. ft. and a top-line potential of ~Rs. 550 crore.
The project is acquired on an outright basis. This project is located in Nallurahalli area in Whitefield, Bengaluru. This addition follows the acquisition of the ITPL road high-rise project signed in FY25. Whitefield continues to be one of the most dynamic real estate markets in Bengaluru, consistently attracting strong demand from professionals and families seeking premium living spaces.
Over the past decade, the region has evolved into a premier residential and commercial hub, driven by its proximity to major IT parks, global corporations, and a thriving social infrastructure. This would be ASL’s 9th high rise project in Bengaluru.
Arvind SmartSpaces entered the Bengaluru market in 2013 and has until now added 13 projects across the region with 6 projects having already been delivered and 7 in various stages of development/pre-launch.
Commenting on this development, Arvind SmartSpaces CEO and Whole Time Director Priyansh Kapoor said the company is happy to add another high-rise project in Bengaluru, strengthening our vertical development portfolio in the city.
“This is our second acquisition in Whitefield, one of Bengaluru’s most premium residential real estate
markets. It aligns with our strategic vision to deliver premium developments in high-demand micro-markets, ensuring sustained end-user interest and strong value creation,” said Arvind SmartSpaces CEO and Whole Time Director Priyansh Kapoor.
He also said brand ‘Arvind’ continues to resonate strongly with homebuyers and landowners alike, as the company looks forward to adding new projects across Gujarat, Bengaluru and MMR during the remainder of the year.
About Arvind Smartspaces:
Built on ~128+ years legacy of the Lalbhai Group, and established in year 2008, Arvind SmartSpaces is India’s leading real estate development Company headquartered in Ahmedabad. With ~109 million square feet of real estate development across the country, the company is focused on delivering real estate solutions that add value to the lives of its customers and is fast emerging as a leading corporate real estate player in the country.
The company has real estate developments across Ahmedabad, Gandhinagar, Bengaluru, MMR and Pune. Backed by the strong brand name of Arvind group and the credibility achieved through already delivered projects, the company has plans to continue the strong growth momentum and deliver value to all stakeholders.
