In Whitefield, Bengaluru, Arvind SmartSpaces (ASL), part of the Lalbhai Group, has announced the acquisition of a premium residential high-rise project in the Nallurahalli area, reinforcing its focus on high-demand urban neighbourhoods.
The project carries a top-line potential of approximately Rs. 550 crore, underscoring strong confidence in the city’s luxury housing market.
Spread across 4.18 acres, the development will offer a saleable area of nearly 4.6 lakh sq. ft., designed to cater to discerning urban homebuyers seeking modern, high-rise living.
Key Highlights
Its location in Whitefield places it close to major IT parks, global corporate offices, and well-established social infrastructure. Whitefield continues to be one of Bengaluru’s most sought-after real estate micro-markets, driven by sustained demand from professionals and families alike. The area’s blend of connectivity, employment hubs, and lifestyle amenities makes it a natural choice for premium residential developments.
"We are happy to add another high-rise project in Bengaluru, strengthening our vertical development portfolio in the city," said Priyansh Kapoor, CEO and Whole Time Director of Arvind SmartSpaces.
This acquisition marks ASL’s ninth high-rise project in Bengaluru, a city where the company has been active since 2013. To date, Arvind SmartSpaces has delivered six projects in the city and currently has seven more under various stages of development, reflecting a long-term commitment to the market.
Also Read: Arvind SmartSpaces Buys Vastrapur Project for Rs. 400 Crore
Aligned with ASL’s broader strategy, the new Whitefield project emphasizes premium positioning, thoughtful planning, and location-led value creation, reinforcing the brand’s presence in Bengaluru’s evolving luxury real estate landscape.
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