Arvind SmartSpaces Expands Footprint with 150-Acre Residential Project in Ahmedabad

Ahmedabad’s real estate landscape gets a major boost as Arvind SmartSpaces (ASL) announces the acquisition of a sprawling 150-acre residential plotted development on Sanand-Nalsarovar Road.

Strategic Expansion in Ahmedabad

Arvind SmartSpaces has acquired a 150-acre land parcel in Ahmedabad’s high-growth Sanand-Nalsarovar corridor, reinforcing its commitment to strategic expansion in Gujarat. The project is an outright purchase and is expected to generate a top-line revenue potential of INR 600 crore.

CEO’s Vision for Growth

Kamal Singal, Managing Director and CEO of Arvind SmartSpaces, expressed enthusiasm about this acquisition. He stated, “We are happy to announce the acquisition of this residential plotted development project in the high-potential Sanand-Nalsarovar market of Ahmedabad. With this acquisition, our year-to-date (YTD) project addition value now stands at INR 4,450 crore.”

Sanand-Nalsarovar: A Thriving Real Estate Hub

The Sanand-Nalsarovar region has been witnessing significant real estate demand due to its connectivity, growing infrastructure, and proximity to Ahmedabad. The area has become a prime investment destination, attracting residential and industrial developments alike.

Previous Expansions in Gujarat

In January 2025, Arvind SmartSpaces had signed a joint development agreement for an industrial park on NH47, Bavla-Bagodara Road. The project spans approximately 440 acres and carries a top-line revenue potential of INR 1,350 crore. This aligns with the company’s broader strategy of expanding into high-growth micro-markets.

Impact on Ahmedabad’s Real Estate Market

The latest acquisition is expected to enhance the region’s real estate dynamics, offering potential homeowners and investors premium plotted developments. With increased infrastructure development and the rising demand for plotted townships, Arvind SmartSpaces is well-positioned to capitalize on Ahmedabad’s real estate boom.

Key Highlights

• Arvind SmartSpaces acquires a 150-acre residential plotted development project in Ahmedabad.
• The project, located on Sanand-Nalsarovar Road, has an estimated revenue potential of INR 600 crore.
• CEO Kamal Singal states that the company’s YTD project addition value has now reached INR 4,450 crore.
• The Sanand-Nalsarovar region is witnessing significant demand due to its strategic location and connectivity.
• In January 2025, the company signed a joint development agreement for a 440-acre industrial park on NH47.
• Ahmedabad’s real estate market continues to grow, making it a hotspot for plotted developments and industrial investments.

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