Arvind SmartSpaces Launches ₹470 Crore Residential Project in Bengaluru

Arvind SmartSpaces Launches ₹470 Crore Residential Project in Bengaluru

Arvind SmartSpaces has launched a new high-rise residential project in Bengaluru, adding an estimated ₹470 crore to its development pipeline as the company continues to expand its presence in the city’s housing market.

The project is spread across 2.5 acres and has a saleable area of around 3.6 lakh sq. ft. The development adds fresh premium residential inventory to Bengaluru, which remains one of the key markets for Arvind SmartSpaces.

The latest launch comes shortly after the company’s strong performance with its Arvind Sylva project in Bengaluru. Arvind Sylva crossed ₹500 crore in bookings within 30 days of its launch, highlighting the company’s recent activity in the city’s premium residential segment.

The company also reported strong operating numbers for the first quarter of Financial Year 2026–27. Consolidated sales bookings increased 147% year-on-year to ₹432 crore, while revenue from operations rose 212% to ₹318 crore. Consolidated net profit stood at ₹97.4 crore, compared with ₹12 crore in the corresponding quarter of the previous year.

The new Bengaluru project is part of Arvind SmartSpaces’ growing focus on high-rise and vertical residential developments. The company has been increasing its exposure to projects that can add sizeable saleable inventory within established urban markets.

With 3.6 lakh sq. ft. of saleable area, the latest project provides additional execution visibility for the company in Bengaluru. The estimated top-line potential of ₹470 crore also adds to its development pipeline for the coming periods.

Bengaluru continues to be an important residential market for developers, supported by demand across established and emerging neighbourhoods. Premium housing projects have remained an important part of the city’s residential development activity.

For Arvind SmartSpaces, the latest launch follows a series of developments that have strengthened its Bengaluru portfolio. The company’s recent booking performance and new project additions indicate continued activity in the market, although the pace of sales and project execution will determine how quickly the new development contributes to future bookings and revenue.