Arvind SmartSpaces Ltd Share Price – NSE  / BSE

Realty, Small Cap

The company said the project, located in the Nallurahalli area, has been acquired on an outright basis and follows its ITPL Road high-rise project acquisition in FY25.

Whitefield continues to attract strong demand from professionals and families seeking premium living spaces, driven by its proximity to major IT parks, global corporations, and social infrastructure.

Arvind SmartSpaces said this would be its ninth high-rise project in Bengaluru. Since entering the city in 2013, it has launched 13 projects, with six delivered and seven at various stages of development or pre-launch.

Arvind SmartSpaces (ASSL) is the real estate arm of Lalbhai group (flagship company - Arvind). ASSL is primarily focused on the development of residential projects. It also undertakes commercial and industrial projects on a selective basis.

The company?s consolidated net profit fell 65.2% to Rs 14.18 crore on 47.1% decline in net sales to Rs 140.51 crore in Q2 FY26 over Q2 FY25.

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The said project has top line potential of Rs 400 crore. The project has acquired on an outright basis. The area offers quick access to business hubs like Navratna Business Park and Pinnacle Business Park, as well as popular hotspots such as the IIM Ahmedabad, Vastrapur Lake Garden and Nexus Ahmedabad One Mall, making it a highly desirable location for residential development.

Priyansh Kapoor, CEO and whole time director, Arvind SmartSpaces said: ?Our diversification initiatives addressing both horizontal and vertical developments across our core geographies are progressing well. We are delighted to announce a premium residential apartments project after over a decade in West Ahmedabad. Vastrapur is one of Ahmedabad?s most promising micro-markets for premium residential apartments, and this acquisition will expand the company's presence in West Ahmedabad.

The optimism in the premium residential market remains strong and we look forward to adding new projects across Gujarat, Bengaluru and MMR during the remainder of the year.?

Arvind SmartSpaces (ASSL) is the real estate arm of Lalbhai group (flagship company - Arvind). ASSL is primarily focused on the development of residential projects. It also undertakes commercial and industrial projects on a selective basis.

The company?s consolidated net profit fell 65.2% to Rs 14.18 crore on 47.1% decline in net sales to Rs 140.51 crore in Q2 FY26 over Q2 FY25.

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The said project has top line potential of Rs 400 crore. The project has acquired on an outright basis. The area offers quick access to business hubs like Navratna Business Park and Pinnacle Business Park, as well as popular hotspots such as the IIM Ahmedabad, Vastrapur Lake Garden and Nexus Ahmedabad One Mall, making it a highly desirable location for residential development.

Priyansh Kapoor, CEO and whole time director, Arvind SmartSpaces said: ?Our diversification initiatives addressing both horizontal and vertical developments across our core geographies are progressing well. We are delighted to announce a premium residential apartments project after over a decade in West Ahmedabad. Vastrapur is one of Ahmedabad?s most promising micro-markets for premium residential apartments, and this acquisition will expand the company's presence in West Ahmedabad.

The optimism in the premium residential market remains strong and we look forward to adding new projects across Gujarat, Bengaluru and MMR during the remainder of the year.?

Arvind SmartSpaces (ASSL) is the real estate arm of Lalbhai group (flagship company - Arvind). ASSL is primarily focused on the development of residential projects. It also undertakes commercial and industrial projects on a selective basis.

The company?s consolidated net profit fell 65.2% to Rs 14.18 crore on 47.1% decline in net sales to Rs 140.51 crore in Q2 FY26 over Q2 FY25.

The counter added 2.90% to end at Rs 592.95 on the BSE.

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Net profit of Arvind SmartSpaces declined 65.15% to Rs 14.18 crore in the quarter ended September 2025 as against Rs 40.69 crore during the previous quarter ended September 2024. Sales declined 47.09% to Rs 140.51 crore in the quarter ended September 2025 as against Rs 265.58 crore during the previous quarter ended September 2024.

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