Arvind SmartSpaces Acquires Sarjapur High-Rise Project Worth Rs.860 Crore

Arvind SmartSpaces Limited (ASL), part of the Lalbhai group and one of India’s leading real estate developers, announced the acquisition of a new residential high-rise project on Sarjapur Road, Bengaluru. Spread across 4.7 acres, the project offers a total saleable area of approximately 6.8 lakh sq. ft. and carries a topline potential of around ₹860 crore. The acquisition has been made on an outright basis, strengthening ASL’s footprint in one of Bengaluru’s most premium residential corridors.

This marks ASL’s 10th high-rise project in Bengaluru and its second acquisition in Sarjapur, following the Whitefield high-rise project signed in Q3 FY26. Sarjapur, located in the southeastern part of Bengaluru, has emerged as a rapidly developing neighborhood known for its greenery, connectivity, and proximity to major IT hubs. The project site benefits from its closeness to the Outer Ring Road IT corridor, the upcoming Wipro campus, and the proposed metro station, making it a strategic addition to ASL’s portfolio.

Since entering the Bengaluru market in 2013, Arvind SmartSpaces has added 14 projects across the region, with six already delivered and eight in various stages of development. The company’s growing presence in the city reflects its focus on vertical development and premium residential offerings.

Commenting on the acquisition, Mr. Priyansh Kapoor, CEO and Whole Time Director of Arvind SmartSpaces, said, “We are happy to add our second high-rise project in Bengaluru this year, augmenting our vertical development portfolio in the city. This is also our second acquisition in Sarjapur, one of Bengaluru’s most premium residential real estate markets. With this project addition, our cumulative new business development topline potential for the year stands at approximately ₹2,560 crore. Brand Arvind continues to resonate strongly with homebuyers and landowners alike, and we look forward to adding new projects across Ahmedabad, Bengaluru, and MMR.”

With Bengaluru’s residential market witnessing strong demand driven by IT professionals, improved infrastructure, and lifestyle-led development, ASL’s latest acquisition positions the company to capture growth in one of the city’s most sought-after neighborhoods.