Bengaluru, March 26, 2025 – Arvind SmartSpaces Limited has successfully sold 200 plots worth over ₹180 crore at the launch of its latest residential project, Arvind The Park, located in Devanahalli, Bengaluru. The overwhelming response from buyers underscores the growing demand for premium plotted developments in the city’s emerging real estate hubs.
According to a regulatory filing with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), the company confirmed that all available plots were booked at launch. The project, which is strategically located in North Bengaluru, is expected to cater to both end-users and investors seeking long-term appreciation.
Shares of Arvind SmartSpaces witnessed a positive reaction in the stock market, rising by nearly 3% following the announcement. Investors are optimistic about the company’s expansion plans and its ability to tap into high-growth real estate corridors.
The Devanahalli region has gained traction in recent years due to its proximity to Kempegowda International Airport and upcoming infrastructure projects, making it a preferred choice for homebuyers and real estate investors.
Arvind SmartSpaces continues to expand its footprint across key cities in India, with a strong pipeline of projects aimed at catering to the evolving demands of urban living.