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Arvind SmartSpaces to develop new Vadodara housing project with INR 700 crore potential

#Builders & Projects#Residential#India#Gujarat#Vadodara
Last Updated : 30th Oct, 2025
Synopsis

Arvind SmartSpaces Ltd, a part of the Lalbhai Group, has entered the Vadodara residential market through a new joint development project valued at over INR 700 crore. The large-scale horizontal project marks the company's 23rd development in Gujarat, underscoring its focus on strengthening its state-wide presence. The company said the initiative aligns with its expansion strategy into high-potential markets, with further projects expected across Gujarat, Bengaluru, and the Mumbai Metropolitan Region amid a sustained positive outlook for India's real estate sector.

Arvind SmartSpaces Ltd has entered the Vadodara residential market by partnering to develop a new housing project estimated to generate revenue of more than INR 700 crore. The real estate developer disclosed the move in a recent regulatory filing, confirming that the project will be a large-scale horizontal development under a joint development model.


The upcoming project represents Arvind SmartSpaces' 23rd venture in Gujarat, highlighting the company's growing footprint within the state. The expansion into Vadodara reflects its continued effort to strengthen its portfolio across emerging urban markets that show steady housing demand.

According to Priyansh Kapoor, CEO and Whole-Time Director of Arvind SmartSpaces, this new partnership supports the company's long-term strategy of entering high-growth regions while maintaining a balanced project pipeline. He mentioned that the overall optimism in India's real estate sector remains strong, and the company plans to add more projects across Gujarat, Bengaluru, and the Mumbai Metropolitan Region in the months ahead.

Arvind SmartSpaces, part of the diversified Lalbhai Group, has established itself among India's leading real estate developers. Its focus on partnerships and joint development structures has enabled it to expand efficiently while maintaining financial discipline. The company's projects across Gujarat have received a positive response from homebuyers, encouraging further investment in the region's residential market.

Source PTI

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