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Arvind SmartSpaces Limited — Capital/Financing Update 2026
Mar 10, 2026
59177_rns_2026-03-10_1dd630da-ba2c-44c7-8c5a-d50c4f3d3812.pdf
Capital/Financing Update
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10[th] March, 2026
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 adds a new residen�al high-rise project in Bengaluru with a top-line poten�al of ~Rs. 330 crore”.
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We are a�aching herewith a copy of Media Release dated 10[th] March, 2026, being issued by “ - the Company �tled as Arvind SmartSpaces adds a new residen�al high rise project in Bengaluru with a top-line poten�al of ~Rs. 330 crore ”.
You are requested to bring this to the no�ce of all concerned.
Thanking you,
Yours faithfully,
For Arvind SmartSpaces Limited
Digitally signed by PRAKASH PRAKASH BHOGIBHAI BHOGIBHAI MAKWANA MAKWANA Date: 2026.03.10 17:12:10 +05'30'
Prakash Makwana Company Secretary
Encl.: As above
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Arvind SmartSpaces adds a new residential high-rise project in Bengaluru with a top-line potential of ~Rs. 330 crore
The project is spread across 2.08 acre and has a saleable area of 2.5 lakh sq. ft.
Mar 10, 2026: Arvind SmartSpaces Limited (ASL), one of India’s leading real estate development companies, part of the Lalbhai group, today announced that it has acquired a new residential high-rise project in Whitefield, Bengaluru with a total estimated saleable area of ~2.5 lakh sq. ft. and a top-line potential of ~Rs. 330 crore. The project is acquired on an outright basis.
This project is located in Nagondanahalli area in Whitefield, Bengaluru. This addition follows the acquisition of the Sarjapur Road high-rise project signed in Feb 2026. Whitefield continues to be one of the most dynamic real estate markets in Bengaluru, consistently attracting strong demand from professionals and families seeking premium living spaces. Over the past decade, the region has evolved into a premier residential and commercial hub, driven by its proximity to major IT parks, global corporations, and a thriving social infrastructure.
This would be ASL’s 11[th ] high-rise project in Bengaluru. Arvind SmartSpaces entered the Bengaluru market in 2013 and has until now added 15 projects across the region with 6 projects having already been delivered and 9 in various stages of development.
Commenting on this development, Mr. Priyansh Kapoor, Managing Director and CEO, Arvind SmartSpaces said, “FY26 continues to be a strong year for our vertical development portfolio. We are happy to add our third high-rise project in Bengaluru in the year. With this project addition, our cumulative new business development topline potential for the year stands at ~Rs. 2,840 crore, with the three new Bengaluru additions totaling Rs. 1,740 crore. Brand ‘Arvind’ continues to resonate strongly with homebuyers and landowners alike, and we look forward to adding new projects across Ahmedabad, Bengaluru and MMR.”
About Arvind Smartspaces:
Built on ~128+ years legacy of the Lalbhai Group, and established in year 2008, Arvind SmartSpaces is India’s leading real estate development Company headquartered in Ahmedabad. With ~110.7 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, Baroda, Bengaluru, MMR 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:
Vikram Rajput, Head – Business Development MMR, Investor Relations Arvind SmartSpaces Limited E: [email protected], M: +91 9607996930