Arvind Smartspaces
Arvind Smartspaces is a premium range real estate arm of Kasturbhai Lalbhai Group. It is one of the fastest growing firms in their current portfolio. It was established in 2009 and has gained a good reputation for its high-end properties. The firm has launched many grand residential projects in prime cities like Bangalore, Ahmedabad, etc. It has completed 25 projects in these prime cities. The company is owned and managed by Kamal Singal. He is the Managing Director & CEO of the Company. The main owner of the firm is Mr Sanjaybhai Lalbhai, who is the owner of Lalbhai Group. The company was earlier called Arvind Infrastructure Ltd but was changed to Arvind Smartspaces.
The developer has launched lavish villas and apartments and plotted projects at the most affordable prices. It is famous for picking the ideal locations for its projects to give customers location benefits. There are large retail spaces as well that have won several awards. For the last 18 years, the builder has set a high-end reputation for delivering quality projects within the estimated period.
Arvind SmartSpaces is a part of Lalbhai Group. The group was started by Kasturbhai Lalbhai in 1931, mainly in the textile business. It was also founded in 1931 and is one of India’s largest textile companies. The group is led by Sanjay Lalbhai, who is the Chairman and MD of Arvind Limited. He is known for his modern ideas and focus on quality, which has helped Arvind SmartSpaces grow quickly. He led the 'Reno-vision' initiative, through which the company introduced denim to the Indian market, kickstarting the jeans revolution in India.
Arvind SmartSpaces has a market capitalization of Rs. 3205 crore and a net worth of Rs. 626.17 crore. The company’s total assets stand at Rs. 2102 crore, while its total outside liabilities amount to Rs. 1476 crore. The 52-week high and low share prices are Rs. 1024.35 and Rs. 522.95, respectively.
For the quarter ended in 2024, the company reported a profit of Rs. 1.92 crore on a total income of Rs. 29.76 Cr. For the full year ending December 2024, the firm recorded a profit of Rs. 50.19 crore. It has a total income of Rs. 215.47 crore in the year. The company has also partnered with HDFC Capital Advisors. This is done to create a residential development platform worth Rs. 900 crore. This holds a revenue potential of Rs. 4,000 to Rs. 5,000 crore.
Arvind Smartspaces has a long history and has become a prominent developer in the real estate market. Its timeline is:
- 2009: Arvind SmartSpaces was launched as the real estate arm of Arvind Limited. It marks the group’s entry into the real estate sector.
- 2014: Arvind SmartSpaces got listed on the BSE and NSE. This made it a publicly traded company.
- 2015–2020: The company expanded its footprint by launching multiple residential and commercial projects. It launched in cities like Ahmedabad, Bengaluru, Pune, and Gandhinagar.
- 2021: It strengthened its presence in Bangalore's real estate market. It launched new residential projects and acquired prime land parcels.
- 2024: Arvind SmartSpaces achieved strong financial growth and continued to expand its residential and plotted development segments across key cities in India.
Arvind Smartspaces has won many awards and recognitions for its excellent work in the field of properties. It has worked on all types of properties and has catered to the buyer's needs. Some of the achievements of the company are:
- In July, the firm won the developer of the Year for Arvind Smartspaces Ltd. It was won at the Golden Brick Awards 2024 in Dubai, UAE.
- In Jan, it was recognized as “Developer of the Year – Residential. It was given at the 10th Edition of the Real Estate and Business Excellence Awards, 2024.
- At the prestigious 9th Edition of the Real Estate and Business Excellence Awards, 2023, it won the Real Estate Brand of the Year.
- Mr Kamal Singal, the MD & CEO, won the Most Enterprising CEO of the Year. This was won at the prestigious 9th Edition of the Real Estate and Business Excellence Awards, 2023
- It was awarded as the Fastest Growing Realty Brand of the Year at the 14th Realty+ Conclave & Excellence Awards – 2022, South.
- Mr. Kamal Singal won The Economic Times Inspiring CEO 2nd Edition.
Arvind Smartspaces Bangalore has recently established its brand and launched high-end projects. It has launched many premium and upscale residential projects in the city. One of the new projects is Arvind the Park, located in Devanahalli. This new launch township is one of the most awaited projects in the city. The builder is famous for picking the best areas around to give buyers all location benefits. There are overall 10 ventures in the city to give splendid housing options.
The developer has launched many housing options for all buyer types at the most affordable price plan. There are photos and videos as well available to help buyers know better about the township. The projects also have a sales team to help buyers get a thorough site tour. To know more buyers can contact the office address - Tasker Town, Shivaji Nagar, Bangalore, Karnataka, 560001.
Some of the Arvind Smartspaces projects in the city
- Arvind Skylands
- Arvind Sporcia
- Arvind Expansia
- Arvind Oasis
- Arvind Greatlands
- Arvind Bel Air
- Arvind The Park New
- Arvind Orchards
- Arvind Forest Trails
- Arvind The Edge
Arvind SmartSpaces provides good career growth opportunities, especially in the real estate sector. It offers various job roles in departments such as real estate marketing, sales, and digital marketing. The leadership team has experience in customer-focused marketing, digital transformation, and project development. It has a rating of 3.6 out of 5 stars, showing that employees have a fairly good overall experience working there.
Arvind The Park is a newly launched plotted development located in Devanahalli, Bangalore. It is spread over 24+ acres of land. In Phase 1, the project offers 340 plots inside a gated community. The site will be ready for possession by 2027 and is close to Kempegowda Airport. The size range of the land parcels is 600 sq. ft. to 2400 sq. ft. The plots are priced from Rs. 78 lakhs onwards. It is offering a great chance to own land in one of Bangalore’s fastest-growing areas. The official launch date is 10 March 2025, and plot bookings will also start on the same day. The project is BIAPPA-approved and also RERA-approved, with the RERA number PR/050325/007549.
| Enquiry |