Arvind SmartSpaces Targets 180 Cr From Ahmedabad Project

Synopsis:  Arvind SmartSpaces targets around ₹180 crore revenue from its new residential plotted development project in South Ahmedabad, strengthening its Gujarat presence amid rising demand for horizontal real estate projects.

Real estate developer Arvind SmartSpaces Limited is expanding its residential portfolio with a new housing project in Ahmedabad, aiming to generate an estimated revenue of nearly ₹180 crore. The company enters into a joint development agreement for a residential plotted development project located along the Kerala-Nalsarovar Road in South Ahmedabad.

The upcoming development covers approximately 58.25 acres and offers a saleable area of nearly 2.5 million square feet. The project focuses on horizontal residential development, including plotted spaces, aligning with the increasing preference for spacious living options and weekend homes in emerging urban locations.

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Arvind SmartSpaces highlights South Ahmedabad as a growing real estate micro-market supported by improved infrastructure, better connectivity, and increasing demand for plotted developments. The region is witnessing strong interest from homebuyers seeking larger residential formats beyond conventional apartment-based housing.

The company continues to strengthen its position in Gujarat through strategic expansion across residential projects. Ahmedabad remains a key market for the developer, where it has built a significant presence through multiple plotted, villa, and township developments.

According to the company, the latest project reflects its strategy of identifying high-potential locations and developing projects that match evolving consumer preferences. Arvind SmartSpaces states that the demand for horizontal housing segments continues to remain strong due to changing lifestyle choices and infrastructure-led growth.

The management indicates that Ahmedabad offers considerable opportunities for residential expansion, particularly in plotted and villa segments. The company believes its experience in developing such projects positions it well to benefit from the growing market potential.

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The new development further strengthens Arvind SmartSpaces’ pipeline in Gujarat and supports its broader growth plans across major markets, including Gujarat, Bengaluru, and the Mumbai Metropolitan Region. The company continues to focus on expanding its real estate footprint through joint development partnerships and asset-light growth models.

With rising demand for premium residential spaces and increasing urbanisation, the Ahmedabad project is expected to contribute to the company’s future growth while reinforcing its presence in the competitive real estate sector.