Kulin Lalbhai Takes Over as Chairman of Arvind SmartSpaces, Marks New Era

In a significant leadership shift, Arvind SmartSpaces Limited (ASL) has appointed Mr. Kulin Lalbhai as its new Chairman, succeeding Mr. Sanjay Lalbhai, who stepped down from the Board of Directors today. The move marks a generational transition at one of India’s fastest-growing real estate development firms.

Sanjay Lalbhai, who has been instrumental in shaping ASL’s values and strategic direction since its inception, described the transition as part of a long-term succession plan. “It’s been an honor to witness ASL’s journey from blueprint to brand. With Kulin at the helm, I’m confident the company will continue to deliver sustainable value,” he said.

Kulin Lalbhai, previously Vice Chairman, brings deep business insight and a forward-looking vision to the role. In his first statement as Chairman, he credited his father’s mentorship and reaffirmed ASL’s commitment to innovation and purpose-driven growth. “We’re entering a new phase, and I look forward to working with Kamal Singal, Priyansh Kapoor, and the entire team to build on our strong foundation,” he said.

The transition signals continuity in leadership and a renewed focus on scaling ASL’s footprint across India’s evolving real estate landscape.