Arvind SmartSpaces expands Bengaluru portfolio with ninth high-rise project

Arvind SmartSpaces Limited (ASL) announced on December 15, 2025, the acquisition of a new high-rise residential project in Whitefield, Bengaluru. This project boasts an estimated saleable area of approximately 4.6 lakh sq. ft. and is projected to have a top-line potential of around INR 550 crore. The acquisition was made on an outright basis and marks ASL's ninth high-rise project in Bengaluru.

The newly acquired project is situated in the Nallurahalli area of Whitefield, a region consistently noted for strong demand from professionals and families seeking premium living spaces. This acquisition follows another ITPL road high-rise project signed in the current fiscal year (FY25), further solidifying ASL's presence in the city.

ASL, part of the Lalbhai group, entered the Bengaluru market in 2013 and has since added 13 projects across the region, with six already delivered and seven in various stages of development or pre-launch. The company emphasizes its strategic vision to deliver premium developments in high-demand micro-markets to ensure sustained end-user interest and strong value creation.