Arvind SmartSpaces Announces New Plotted Development Project in Sanand Ahmedabad

Arvind SmartSpaces Limited (ASL), a leading real estate developer in India, has announced the acquisition of a new plotted development project in Sanand, Ahmedabad, covering 150 acres with a saleable area of 6.6 million sq. ft.. This new project has an estimated top-line potential of Rs 600 crore and has been acquired on an outright basis.

The project is strategically located along Sanand-Nalsarovar Road, approximately 15 km from Sanand and 30 km from Nalsarovar Lake. The region is known for its proximity to Nalsarovar Bird Sanctuary and is emerging as a high-growth corridor with strong infrastructure and industrial development.

Sanand: A Growing Real Estate Hub

Sanand has become a major industrial and real estate hub in Gujarat, attracting investors due to its strong connectivity, proximity to industrial zones, and expanding infrastructure. The Sanand-Nalsarovar corridor is witnessing rising demand for plotted developments, as the area offers a blend of natural beauty and modern infrastructure.

This project will further enhance Arvind SmartSpaces’ presence in Ahmedabad’s real estate market, capitalizing on increasing demand for plotted developments and residential projects in this region.

Arvind SmartSpaces' Expansion Strategy

Commenting on the development, Kamal Singal, Managing Director & CEO of Arvind SmartSpaces, stated:
"We are happy to announce the acquisition of this residential plotted development project in the high-potential Sanand-Nalsarovar market of Ahmedabad. The Ahmedabad region continues to offer compelling growth opportunities for horizontal real estate, driven by strong infrastructure development and a thriving industrial ecosystem. With this acquisition, our year-to-date (YTD) project addition value now stands at Rs 4,450 crore, making it our biggest ever business development year.”

Key Growth Drivers for Arvind SmartSpaces

• Strategic Location: The Sanand-Nalsarovar corridor is well-connected and close to major industrial zones, increasing demand for plotted residential spaces.
• Rising Demand for Plotted Developments: Homebuyers and investors are increasingly looking for spacious residential plots in well-developed locations, making this a lucrative opportunity.
• Expansion of Infrastructure: The government’s focus on infrastructure development and connectivity enhancements is boosting the real estate sector in Ahmedabad and surrounding areas.
• Strong Industrial Presence: Sanand is home to multiple auto and manufacturing industries, which is driving demand for housing and real estate development in the region.

Arvind SmartSpaces: A Leading Real Estate Player

Founded in 2008 and built on the 120-year-old legacy of the Lalbhai Group, Arvind SmartSpaces has established itself as a leading real estate development company in India. With 106 million square feet of real estate development across multiple cities, the company is known for delivering high-quality projects.

Arvind SmartSpaces has a strong presence in Ahmedabad, Gandhinagar, Bangalore, and Pune and continues to expand its footprint in fast-growing real estate markets. Backed by the strong brand reputation of the Arvind Group, the company has successfully delivered multiple residential and commercial projects and is poised for continued growth in the real estate sector.

Conclusion

The acquisition of this 150-acre plotted development project in Sanand, Ahmedabad, further strengthens Arvind SmartSpaces’ position as a key player in the real estate sector. With an estimated revenue potential of Rs 600 crore, this project aligns with the company’s growth strategy and market expansion efforts.

As Ahmedabad’s real estate sector continues to witness strong demand and infrastructure growth, this new development is expected to generate significant interest from homebuyers and investors, making it a major milestone for Arvind SmartSpaces in 2025.

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