Arvind SmartSpaces Ltd Share Price – NSE /  BSE

Realty, Small Cap

?Arvind The Park? is a residential development with a golf course. Residents are provided membership to Monogram by Arvind Lounges and Resorts, which contains various recreational and business amenities.

Devanahalli has emerged as one of the most desirable real estate addresses near the Bengaluru Airport with easy access to major hospitals, schools and prime locations within the city. The micro-market is also home to major economic hubs such as Aerospace SEZ and KIADB IT Park.

Arvind SmartSpaces entered the Bengaluru market in 2013 and has until now added 12 projects across the region with 6 projects having already been delivered and 6 in various stages of development/pre-launch.

Kamal Singal, managing director and CEO, Arvind SmartSpaces, said: ?We are thrilled to have received such a strong response from the Bengaluru homebuyers for Arvind The Park.

This is our third plotted project in Devanahalli following the success of Arvind Greatlands and Arvind Orchards.

We look forward to launching Arvind Orchards Phase 2, Devanahalli and our high-rise project at Bannerghatta in the upcoming quarters.

Arvind SmartSpaces (ASSL) is the real estate arm of Lalbhai group (flagship company - Arvind Limited). 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 surged to Rs 47.74 crore in the quarter ended December 2024 as against Rs 9.40 crore during the previous quarter ended December 2023. Sales rose 149.30% to Rs 210.16 crore in Q3 FY25 as compared with Q3 FY24.

The scrip rose 0.64% to currently trade at Rs 705 on the BSE.

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Arvind SmartSpaces (ASL) has sold out the entire launched inventory of its residential plotted development project, Arvind The Park in Devanahalli, Bengaluru, at the launch. It consisted of 200 units valued at over Rs. 180 crore.

Arvind The Park is the ideal place for those seeking a luxurious lifestyle, replete with an opulent, executive-level golf course. The project customers will also get a membership of Monogram by Arvind Lounges and Resorts, a fully integrated resort offering various amenities including gymnasium, rooftop infinity pool, indoor games room, table tennis, jogging track, badminton court, spa, library, restaurant, executive business centre, multimedia theatre, discotheque, yoga pavilion, butterfly park and barbeque deck.

While it is steeped in history with ancient forts and temples, Devanahalli is also a significant part of Bengaluru's future. Devanahalli has emerged as one of the most desirable real estate addresses near the Bengaluru Airport with easy access to major hospitals, schools and prime locations within the city. The micro-market is also home to major economic hubs such as Aerospace SEZ and KIADB IT Park.

Arvind SmartSpaces entered the Bengaluru market in 2013 and has until now added 12 projects across the region with 6 projects having already been delivered and 6 in various stages of development/pre-launch.

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Arvind SmartSpaces has allotted 10,000 equity shares under ESOP on 20 March 2025.

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Arvind SmartSpaces announced that it has signed a new residential plotted development project in Ahmedabad, with a total estimated area of ~150 acre and a top-line potential of ~Rs. 600 crore. This project is located in Sanand-Nalsarovar road, Ahmedabad.

The project is acquired on an outright basis. The project is strategically located approximately 15 km from Sanand and 30 km from Nalsarovar Lake. Known for its proximity to the Nalsarovar Bird Sanctuary and its natural charm, the region is set for transformative growth, balancing ecological preservation with modern infrastructure. The corridor benefits from enhanced connectivity and is close to major industrial hubs created a structural demand for horizontal real estate.

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