Arvind SmartSpaces Limited Adds New High-Rise Project in Bengaluru with Top-Line Potential of ~INR 4,000 Million
October 21, 2023 at 08:05 am EDT
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Arvind SmartSpaces Limited announced that it has signed a new residential apartment project in Bengaluru, with a total estimated saleable area of ~0.46 million sq. ft. and a top-line potential of ~ INR 4,000 million. This project is located in Bannerghatta Road, Bengaluru. The project is acquired on an outright basis under the HDFC Platform 2. Bannerghatta is the faster growing residential micro market located in the southern part of Bengaluru on SH87. It has excellent connectivity to the Bannerghatta Main Road, IT/ITES belt in Electronic City and hosts numerous IT companies and Tech Parks. The site is in close proximity to extremely well-developed social and civic infrastructure with multiple schools, hospitals, retail, residential, and commercial spaces in close proximity. In addition, it is located close to picturesque hotspots MM Hills, The Bannerghatta National Park, St. Marks Cathedral, the Pearl
Valley, ISKON Temple, Meenakshi Mall etc.
Arvind SmartSpaces Limited is an India-based company, which is engaged in the development of real estate comprising of residential, commercial, and industrial projects. The Company is primarily in the residential segment of the Ahmedabad, Pune, and Bengaluru region. The Company's projects in Ahmedabad include Alcove, Citadel, Parishkaar, Megatrade, Megaestate, Megapark, and Aavishkaar. The Company's projects in Bengaluru include Skylands, Sporcia, Expansia, and Oasis. Its project in Pune is Elan. The Company's subsidiaries include Arvind Hebbal Homes Private Limited, Arvind Homes Private Limited, Arvind SmartHomes Private Limited, Ahmedabad East Infrastructure LLP, ASL Facilities Management LLP, Uplands Facilities Management LLP, Changodar Industrial Infrastructure (One) LLP, Arvind Beyond Five Club LLP, Arvind Infracon LLP, Ahmedabad Industrial Infrastructure (One) LLP, Arvind Five Homes LLP, Chirping Woods Homes LLP, Arvind Smart City LLP, and others.
ARVIND SMARTSPACES LIMITED 
