Arvind SmartSpaces Limited — Capital/Financing Update 2024

Oct 10, 2024

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10[th] October, 2024

To,

BSE Limited

Lis�ng Dept. / Dept. of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.

Security Code: 539301 Security ID : ARVSMART

To,

Na�onal Stock Exchange of India Limited Lis�ng Dept., Exchange Plaza, 5[th] Floor, Plot No. C/1, G. Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051.

Symbol: ARVSMART

Dear Sir/Madam,

Sub: Media Release �tled as “Arvind SmartSpaces has achieved bookings of more than Rs. 500 Cr at the launch of Aqua City” .

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We are a�aching herewith a copy of Media Release dated 10[th] October, 2024, being issued by the Company �tled as “Arvind SmartSpaces has achieved bookings of more than Rs. 500 Cr at the launch of Aqua City ”.

You are requested to bring this to the no�ce of all concerned.

Thanking you, Yours faithfully,

For Arvind SmartSpaces Limited

PRAKASH Digitally signed by PRAKASH BHOGIBHAI BHOGIBHAI MAKWANA Date: 2024.10.10 13:17:49 MAKWANA +05'30'

Prakash Makwana Company Secretary

Encl.: As above

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Arvind SmartSpaces has achieved bookings of more than Rs. 500 Cr at the launch of Aqua City

Arvind Aqua City located on NH47, Kalyangadh South Ahmedabad is a landmark township development and will have India’s largest private man-made lake with three unique islands and a 38-acre golf course

Ahmedabad, 10th October 2024: Arvind SmartSpaces Limited (ASL), one of India’s leading real estate development company announced bookings of over Rs. 500 Cr at Arvind Aqua City, its largest township development to date, launched towards the end of September. Including the selective pilot phase of Rs. 93 Cr in Q1, Arvind Aqua City has achieved total bookings of Rs. 600 Cr.

The township project boasts several first-of-its-kind features, including India’s largest private man-made lake spanning 33 acres, three manmade islands, and other thoughtful amenities, making it a standout in the Indian real estate market.

Located 30 km from Ahmedabad near Kalyangadh on the Ahmedabad-Rajkot Highway, Aqua City offers a mix of plots and villas. Key features include an 18-hole golf course spread across 38 acre, a grand 50,000 sq .ft lakeside clubhouse, over 50 world-class amenities and a series of 11 temples mimicking by the Kashi Ghat, including a Jain Derasar, within the development.

Commenting on the launch performance, Mr. Kamal Singal, Managing Director & CEO of Arvind SmartSpaces, said, "We are thrilled to create yet another milestone in the Ahmedabad market. This landmark township, our biggest yet, is a reflection of our strategic vision to create designed to inspire spaces that balance unmatched lifestyle offerings and asset value creation. The market is ready for developments that go beyond traditional real estate, and we see immense potential for growth in this segment. Brand ‘Arvind’ continues to resonate strongly with homebuyers and we look forward to sustain our bookings momentum throughout the remainder of the year.”

Premium horizontal developments, by nature spacious and sprawling, have emerged as an ideal choice for weekend homes, primary residences, and urban investment opportunities. This township is envisioned to significantly shape the region’s real estate landscape. It offers excellent connectivity to key urban centers while providing a tranquil retreat from the city. Its strategic location ensures easy access to major road networks, making it ideal for both weekend getaways and permanent residences.

About Arvind SmartSpaces:

Built on ~120 years old legacy of the Lalbhai Group, and established in year 2008, Arvind SmartSpaces is India’s leading real estate development company headquartered in Ahmedabad. With approximately 78 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, Bangalore 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.

For further information, please contact:

Mitanshu Shah Chief Financial Officer T – 079 68267000 Email – mitanshu.shah@arvind.in

Vikram Rajput Head – Investor Relations Mobile - +91 96079 96930 Email – vikram.rajput@arvind.in