Arvind SmartSpaces projects, prices and track record
Listed property arm of Ahmedabad's Lalbhai Group, known for plotted land in Gujarat and growing in Bengaluru
Who is Arvind SmartSpaces?
In one lineArvind SmartSpaces is the listed real estate company of the Lalbhai Group, owners of Arvind Ltd. It sells plots, villas and apartments in Gujarat and Bengaluru, and has started in Mumbai.
Who they are. Arvind SmartSpaces Limited was set up in 2008 in Ahmedabad as the property business of the Lalbhai Group, the family behind the textile company Arvind Ltd. It is listed on the NSE and BSE. Kulin Lalbhai is Chairman and Priyansh Kapoor is Managing Director and CEO.
How big they are. It is a smaller listed developer. In FY26 (April 2025 to March 2026) it booked sales of ₹1,550 Cr, up 22% on the year before, a record for the company. Large national builders sell many times more.
What they build. In Gujarat it is best known for large plotted land and villa communities around Ahmedabad and Vadodara. In Bengaluru it sells apartments and plots, and Bengaluru made up 31% of its FY26 bookings. In FY26 it also signed its first Mumbai projects in Santacruz and Goregaon.
How they are doing now. In April to June 2026 it booked ₹432 Cr of sales, up from ₹175 Cr a year earlier. Net debt rose to ₹167 Cr at March 2026 from ₹79 Cr in December 2025 as it bought more land, which is still a low level for its size.
Arvind SmartSpaces key factsUpdated 21 Oct 2026
- Founded
- 2008, Ahmedabad
- Part of
- Lalbhai Group (Arvind Ltd)
- Run by
- Priyansh Kapoor (MD and CEO)
- Stock listing
- NSE ARVSMART, BSE 539301
- FY26 sales
- ₹1,550 Cr booked, up 22%
- Main markets
- Ahmedabad, Vadodara, Bengaluru, Mumbai (new)
- Website
- arvindsmartspaces.com
- Projects on BookNewProperty
- 11 (11 open for sale)
- Homes from
- ₹47 lakh
Sources: Company media release on Q4 FY26 results (20 May 2026), Construction World (25 May 2026), Free Press Journal on Q1 FY27 sales (Aug 2026), Realty n More on chairman change. Project counts and prices are live from BookNewProperty listings.
What changed at Arvind SmartSpaces
Prices and stages checked daily · last check- New listing added: Arvind ITPL Whitefield, Singayyanapalya Metro, from ₹3.42 Cr.
- New listing added: Arvind Forreste Khatraj, from ₹2.5 Cr.
- New listing added: Arvind Uplands Nasmed, from ₹8.99 Cr.
- New listing added: Arvind Uplands 2.0 Adroda, from ₹54 lakh.
- New listing added: Arvind Uplands 3.0 Chhabasar, from ₹56 lakh.
- New listing added: Arvind Aqua City Kalyangadh, from ₹47 lakh.
Latest Arvind SmartSpaces news
Tracked daily by our news desk- TDS Norms Eased for Buying NRI Property: No TAN Needed from October 1
- Arvind SmartSpaces Expands Presence with Arvind Sylva Phase 2 on Sarjapur Road
- Sumadhura Group Expands into Tamil Nadu with ₹400 Crore Logistics Hub in North Chennai
- Arvind SmartSpaces Announces Complete Sell-Out of Commercial Project Arvind Edge
Why buyers choose Arvind SmartSpaces
- Known business family. The Lalbhai Group has run Arvind for over a century, which gives the company a reputation to protect.
- Public accounts. As a listed company it reports bookings, cash flow and debt every quarter.
- Good at plotted land. If you want a plot or villa in a gated layout near Ahmedabad or Vadodara, this is one of its main strengths.
- Growing fast from a small base. Sales rose 22% in FY26 and more than doubled in April to June 2026.
Know before you buy
- Still a small developer. Its yearly sales are a fraction of the big national builders, so it has fewer projects to choose from in each city.
- Newer in Bengaluru and Mumbai. Its long record is mainly in Gujarat. Bengaluru apartments and Mumbai projects are a newer part of the business.
- Approval delays. The company has itself mentioned slow approvals in Bengaluru, which can push timelines. Check the RERA possession date.
- New leadership. A new CEO and a new chairman took over in 2025 and 2026.
- Plots take time to grow. Plotted projects in outer areas depend on roads and services coming up around them.
Arvind SmartSpaces projects: new launches, under construction and ready to move
11 of 11 Arvind SmartSpaces projects are open for sale. Filter by city, stage, home type and budget.
11 matching projects
No listed project matches that mix yet. Our advisors also track upcoming Arvind SmartSpaces launches.
Arvind SmartSpaces prices by city (2026)
Starting prices and average price per Sq.Ft. across Arvind SmartSpaces projects open for sale, live from our listings.
Live from our listings. "Get prices" means the builder shares prices on request; we will send them to you.
Get the Arvind SmartSpaces price report
Live prices straight from developer price sheets, not listing portals.
- Rate per Sq.Ft. and all-in price for each project
- Upcoming launches before they open
- Current offers and payment plans
Where should we send it?
Sent to your phone within 30 minutes, 9 AM to 9 PM.
How big is Arvind SmartSpaces, and how is it doing?
Company figures from Arvind SmartSpaces's own business updates. FY means India's financial year, April to March.
Quarter by quarter: ₹612 Cr in Jan to Mar 2026, then ₹432 Cr in Apr to Jun 2026 (down 29%). The second figure is the first-half total minus the first quarter.
- KLKulin LalbhaiChairman
- PKPriyansh KapoorManaging Director and CEO
- KSKamal SingalWhole Time Director, Strategy
Sources: Company media release on Q4 FY26 results (20 May 2026), Construction World (25 May 2026), Free Press Journal on Q1 FY27 sales (Aug 2026), Realty n More on chairman change. Project counts and prices are live from BookNewProperty listings.
Arvind SmartSpaces by the numbers
Our own analysis of the 11 Arvind SmartSpaces projects we track. It updates when projects are added or prices change.
Should you buy from Arvind SmartSpaces?
Our verdict on Arvind SmartSpaces
Our verdict. Arvind SmartSpaces is a solid listed developer with a strong family name and a clear lead in plotted communities in Gujarat. Its growth in Bengaluru is real but still early.
If you want a large choice of apartments in one Bengaluru area, bigger builders offer more. If you want a branded plot or villa near Ahmedabad, Arvind is a strong name to shortlist.
Good for you if
- You want a plot or villa in a gated community near Ahmedabad or Vadodara
- You want a listed builder with a well known parent group
- You are comparing a few Bengaluru projects and want a mid sized brand
Think twice if
- Buyers who want a wide choice of projects in one city area
- Buyers who need a home ready to move into now
- Buyers outside Gujarat, Bengaluru and Mumbai
Reviewed by Vikash S, 21 Oct 2026. We are a channel partner, so we earn from the builder, never from you.
Arvind SmartSpaces FAQs: what buyers ask
How many Arvind SmartSpaces projects are there?
We list 11 Arvind SmartSpaces projects, and 11 of them are open for sale.
- Under construction: 9
- New launch: 1
- Pre-launch: 1
What is the starting price of Arvind SmartSpaces projects?
Arvind SmartSpaces homes listed with us start from ₹47 lakh.
- Ahmedabad: from ₹47 lakh
- Bengaluru: from ₹86 lakh
- Final prices depend on floor, view and size.
What are the new launches by Arvind SmartSpaces?
2 Arvind SmartSpaces projects are in new launch or pre-launch now.
In which cities does Arvind SmartSpaces have projects?
Does Arvind SmartSpaces sell villas or plots?
Yes.
- Villa and row house projects: 6
- Plotted projects: 4
- Apartment projects: 4
Is Arvind SmartSpaces a good builder to buy from?
It is a listed company backed by the Lalbhai Group with a good record in Gujarat. It is a reasonable choice, but check the RERA page and possession date for your exact project.
Who owns Arvind SmartSpaces?
The Lalbhai family, which also controls Arvind Ltd, is the main promoter. Kulin Lalbhai is Chairman. Public shareholders own the rest.
Is Arvind SmartSpaces listed?
Yes. It trades on the NSE as ARVSMART and on the BSE as 539301.
Are Arvind SmartSpaces projects RERA registered?
Every project launched after 2017 must be registered with its state RERA, and we show the number on each project page. If you are offered an EOI before registration, pay only a refundable amount.
How has Arvind SmartSpaces performed recently?
It booked a record ₹1,550 Cr of sales in FY26, up 22%. In April to June 2026 it booked ₹432 Cr, up from ₹175 Cr a year earlier.
What is Arvind SmartSpaces known for?
Large plotted and villa communities in Gujarat, and a growing list of apartment and plot projects in Bengaluru.
Terms on this page, explained simply
- RERA
- The state property regulator. Every new project must register with it and publish its plans, approvals and handover date.
- Pre-launch or EOI
- Booking your interest before RERA registration, usually with a refundable amount, to get early prices.
- Sales bookings
- The value of homes a builder sold in a period. It shows demand, not money already received.
- Listed company
- A company whose shares trade on the stock exchange. It must publish its results every quarter.
- Carpet area
- The usable floor area inside your walls. Builders must state it under RERA.
- Occupancy certificate (OC)
- The approval that a finished building is safe to live in. Ask for it before buying a ready home.
Find the right Arvind SmartSpaces home in one call
Our advisors compare live prices, payment plans and handover dates across every Arvind SmartSpaces project, then send you the best 3 to 5 matches.