New Bengaluru residential high-rise added on joint development basis, top-line potential Rs. 470 Cr
New residential high-rise project added on Sarjapur Road, Bengaluru, on a joint development basis.
- Land Area
- 2.5 acre
- Saleable Area
- ~3.6 lakh sq. ft.
- Top-line Potential
- Rs. 470 Cr
- Project Count in Bengaluru
- 11th high-rise project
- FY27 Pipeline Top-line
- ~Rs. 3,100 Cr
What was announced
Arvind SmartSpaces announced the acquisition of a residential high-rise project on Sarjapur Road, Bengaluru, on a joint development basis — meaning the company develops the land in partnership with the landowner rather than buying it outright.
Project details
- Land area: 2.5 acre
- Estimated saleable area: ~3.6 lakh sq. ft.
- Top-line potential: Rs. 470 Cr, including the partner's share
- It is an extension of the company's existing project Arvind Sylva on Sarjapur Road
Scale in Bengaluru
This would be the company's 11th high-rise project in Bengaluru. It entered the city in 2013 and has added 16 projects, with 8 delivered and 8 in various stages of development.
Pipeline context
Management said that with this project, cumulative new business development top-line potential for FY27 stands at ~Rs. 3,100 Cr, and it remains on track with growth plans across Gujarat, Bengaluru and the MMR.
How investors may read it
Top-line potential is an estimate of future revenue the project could generate over its development period, not booked revenue or current-year income, and it includes the partner's share. Additions to the development pipeline indicate business development activity; actual revenue depends on launch timing, approvals and sales.
About the company
Part of the Lalbhai Group, established in 2008 and headquartered in Ahmedabad, with ~100.5 million square feet of real estate development across Ahmedabad, Gandhinagar, Baroda, Bengaluru, MMR and Pune.
Also from Arvind SmartSpaces
Non-promoter investor group discloses 5.70% holding after small open-market purchase
1 Oct 2026
Head – IT Retires; Chief General Manager – IT Designated as New Head – IT
30 Sep 2026
More numbers
- Top-line potential of new projectRs. 470 Cr
- Land area2.5 acre
- Saleable area3.6 lakh sq. ft.
- Bengaluru high-rise project number11th
- Projects added in Bengaluru16 projects
- Projects delivered in Bengaluru8 projects
- Projects under development in Bengaluru8
- Cumulative FY27 new business development top-line potential~Rs. 3,100 Cr
- Total real estate development~100.5 million square feet
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