Published On:February 18 2025
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Arvind SmartSpaces Seals ₹600 Crore Real Estate Deal in Ahmedabad.
Arvind SmartSpaces Limited (ASL), the real estate arm of textile giant Arvind Ltd, has signed a ₹600 crore residential plotted development project on Sanand-Nalsarovar Road near Ahmedabad. The 150-acre project has been acquired on an outright basis, marking a significant expansion for the company in Gujarat’s real estate market.
“We are happy to announce the acquisition of this residential plotted development project in the high-potential Sanand-Nalsarovar market of Ahmedabad,” said Kamal Singal, Managing Director & CEO, Arvind SmartSpaces.
Strategic Growth in Ahmedabad
Ahmedabad remains a key market for horizontal real estate growth, driven by strong infrastructure development and a thriving industrial ecosystem. With this latest addition, ASL's year-to-date project acquisition value has reached ₹4,450 crore, making it the company’s biggest-ever year in business development.
Prime Location
The project is strategically located 15 km from Sanand, a major industrial hub, and 30 km from Nalsarovar Bird Sanctuary, offering a blend of urban convenience and natural surroundings.
This move further strengthens Arvind SmartSpaces’ foothold in Gujarat’s expanding real estate sector, catering to the rising demand for plotted developments in the region.
HBL