Arvind Smartspaces

Arvind SmartSpaces Limited is the real-estate arm of the Lalbhai Group focused on residential and lifestyle developments across Bengaluru and Pune. The company is led by an experienced board and senior management including Sanjay S. Lalbhai (Chairman), Kulin S. Lalbhai (Vice Chairman) and Kamal Singal (MD & CEO). Its portfolio includes plotted developments, villas and apartments with nature- and lifestyle-led themes — golf, orchards, forest trails and premium clubhouses — spanning completed and ongoing projects since 2017. Listed and conservatively leveraged, the company emphasizes strong pre-sales, healthy collections and positive cash generation.

Incorporated in 2008 and established operationally from 2009, Arvind SmartSpaces has delivered projects since the late 2010s and grown steadily. Notable milestones include Arvind Skylands (launched 2017, possession 2021), Arvind Elan (launched 2019, possession 2023) and a string of plotted and villa launches from 2022–2023. The company has developed roughly 9 million sq.ft in its first 15 years and continues to launch new projects (ongoing launches include Arvind The Park, Arvind Orchards, and Arvind Forest Trails).

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Developer Projects

The portfolio is residential-led: plotted developments, villas and apartments with a premium/lifestyle tilt — orchard-themed communities, golf-course plots, forest-trail villas and amenity-rich apartment towers. Projects are concentrated in Bengaluru (Devanahalli, STRR Devanahalli, Sarjapur, Jakkur, Tumkur Road) and Pune (Kothrud). Emphasis is on experience-driven amenities, wellness and landscaped/open spaces rather than pure budget housing.

Arvind The ParkDevanahalli, Bengaluru

Residential CommunityPlot

Arvind OrchardsSTRR, Devanahalli, Bengaluru

Residential CommunityPlot

Arvind Forest TrailsSarjapur, Bengaluru

Residential CommunityVilla

Arvind SkylandsNear Jakkur, Bengaluru

Residential CommunityApartment

Arvind OasisTumkur Road, Bengaluru

Residential CommunityApartment

Arvind ElanKothrud, Pune

Residential CommunityApartment

Arvind The ParkBengaluru (Devanahalli)

Residential CommunityPlot

Arvind The EdgeBengaluru (Tumkur Road)

Mixed-Use

ITPL Road High RiseBengaluru (Whitefield, ITPL Road)

Residential CommunityApartment

Arvind Aqua CityAhmedabad (Kalyangadh)

Residential CommunityPlot

FAQ

Who are the owners ?

Parent / promoter:
- Lalbhai Group / Arvind Limited (prominent promoter group behind Arvind SmartSpaces)
Board and key directors:
- Sanjay S. Lalbhai : Chairman & Non-Executive Director
- Kulin S. Lalbhai: Vice Chairman & Non-Executive Director
- Kamal Singal: Managing Director & CEO
- Savan Godiawala: Independent Director
- Nilesh Shah: Independent Director
- Nirav Shah: Independent Director
- Pallavi Vyas: Independent Director
- Vipul Roongta: Independent Director
Senior management:
- Jagdish Dalal: Senior Vice President (corporate finance & strategy)
- Pankaj Jain: Head ��CRM
- Manoj Chellani: Chief Business Officer ��(South)
- Vishal Balesh: Chief Sales & Marketing Officer
- Mitanshu Shah: Chief Financial Officer

When was the company founded ?

Incorporated in 2008 and established as an operational business around 2009. As of 2025 the company has roughly 16��17 years of history since incorporation.

Is this a public company ?

Yes. Arvind SmartSpaces is publicly listed on Indian stock exchanges:
- BSE ticker: 539301
- NSE ticker: ARVSMART
Key financial snapshot (as reported):
- Market capitalization: ~��~2,771 Crore (as of Oct 10, 2025)
- Recent stock price reference: ~��304 per share (approx).
- Valuation metrics: TTM P/E ~23.3, P/B ~5.26, dividend yield ~0.99%.
Credit & cash profile: Rated IND A+ (Stable) by India Ratings; net cash position in FY24 with low leverage and strong collections.

Which are the builder's popular projects ?

Arvind The Park (Devanahalli, Bengaluru): Residential plotted development with 1200/1500/2400 sq.ft plots, executive golf course, luxury clubhouse, landscaped gardens and community orchards. Launched 2023 (ongoing).
Arvind Orchards (STRR, Devanahalli, Bengaluru): Orchard-themed plotted development with fruit trees (pomelo, avocado, mango, pomegranate, jamun, chikoo), Club Orchard clubhouse and community harvest areas. Launched 2022��(ongoing).
Arvind Forest Trails (Sarjapur, Bengaluru): Premium villas (5 BHK options), 1.2 km forest trail, smart home features and a 15,000 sq.ft clubhouse. Launched 2023, expected completion ~2029.
Arvind Skylands (near Jakkur, Bengaluru): Apartments (2/2.5/3 BHK) with rooftop jogging track, star-gazing deck and extensive sports amenities. Launched 2017, possession delivered 2021.
Arvind Oasis (Tumkur Road, Bengaluru): Apartments with water features, terrace cafe, sports courts and family amenities. Possession deliveries from March 2023 onwards.
Arvind Elan (Kothrud, Pune): 2 BHK apartments with rooftop cafe and pool; launched 2019, possession delivered June 2023.

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