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Arvind SmartSpaces signs new development project in Ahmedabad

01 Feb 2024 Evaluate

Arvind SmartSpaces (ASL) has signed a new plotted development project in Ahmedabad, with a total estimated area of around 40 acre and a top-line potential of around Rs 250 crore. This project is located in Lakshmanpura, Ahmedabad and would be ASL’s 20th in Gujarat. The project is acquired on an outright basis.

This is the 3rd project addition in West Ahmedabad and highlights the Company’s efforts towards further strengthening its presence in this high potential micro market. West Ahmedabad has emerged as one of the most promising micro-markets for plotted development /weekend homes in Ahmedabad. The area has a well-developed connectivity with various parts of Ahmedabad with close proximity to the various business hubs such as Shilaj, SindhuBhavan Road and SP Ring Road etc.

Arvind SmartSpaces is engaged in to the business of Construction and Real Estate.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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