Arvind SmartSpaces acquires new residential project in Bengaluru
1 report, 1 independent
Updated Mon 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Arvind SmartSpaces Limited acquired a residential high-rise project on Sarjapur Road in Bengaluru on September 28, 2026. The acquisition is based on a joint development agreement and has an estimated saleable area of approximately 3.6 lakh square feet. The project has a top-line potential of Rs. 470 Crore, which includes the partner's share.
From equitybulls.com
Why it matters
This addition marks the 11th high-rise project for Arvind SmartSpaces in Bengaluru. The company has previously added 16 projects across the city since entering the market in 2013, indicating continued vertical development in the city.
From equitybulls.com
Who's involved
- BengaluruLocation of the new residential development
- Bangalore Water Supply and Sewerage BoardGovernment agency related to the city's essential services
- Greater Bengaluru AuthorityAdministrative body responsible for governing civic services
Keep exploring
The entities involved
-
Bengaluru
capital city of Karnataka state in India