What we do Arvind SmartSpaces Ltd develops residential, commercial, and industrial real estate projects, focusing on premium and mid-market segments across Gujarat, Karnataka, Maharashtra, and Mumbai. |
Founded in 2,008 |
Market share Leading real estate developer in Gujarat and expanding in key metros with a diversified portfolio and strong bookings growth. |
Problem solved Provides quality residential and commercial real estate offerings catering to urban housing needs and infrastructure development. |
Top clients or who we serve Serves retail homebuyers and investors with B2C focus, expanding into township and industrial developments for B2B clients. |
Key management PRIYANSH KAPOOR (MD & CEO), KAMAL SINGAL (Whole Time Director), PALLAVI VYAS (Independent Director) |
Our journey and innovations Founded in 2008, demerged from Arvind Ltd in 2015, pioneered partnerships like Disney with premium township, expanded geographically, and launched innovative themed projects. |
Where we operate Primarily in Ahmedabad, Gandhinagar, Surat, Vadodara, Bengaluru, Pune, Mumbai Metropolitan Region, and Baroda. |
Top products or what we offer Residential apartments, villas, plotted developments, commercial and industrial parks, themed townships like Uplands, Aquacity, Forreste. |
Top brands Uplands (luxury golf township), Aquacity (premium township), Forreste (villa plots), Arvind Everland, Rhythm of Life, Uplands 2.0 & 3.0, Arvind Orchards. |
Raw materials needed Land parcels, construction materials such as cement, steel, and finishing materials. |
Raw materials supplier Supplied by regional construction material vendors and landowners via joint development agreements. |
Recurring vs cyclical contribution Revenue largely cyclical aligned with project phases, but bookings and collections show growing recurring cash flows. |
Our industry position Market leader in Gujarat residential projects; strong growth in Karnataka and entry into Mumbai and Surat realty markets. |
Financial highlights FY24 Revenue Rs. 341 Cr, PAT Rs. 41 Cr; FY25 bookings Rs. 1,271 Cr with 15% YoY growth and 33% revenue growth over prior year. |
Geographical revenue split 59% Gujarat, 32% Karnataka, 9% Maharashtra (MMR), with expanding presence in Baroda and Surat. |
Order book Robust unrecognized revenue of Rs. 3,289 Cr as of December 2025 across multiple projects. |
Whats driving growth Strong sales momentum, project launches including townships and high rises, strategic HDFC partnership, geographic expansion. |
Our future plans Launch new residential and commercial projects including MMR township, 440-acre industrial park, and enhance product innovations. |
Our green promise Committed to sustainability via environment-friendly amenities and CSR focused on education, health, and rural advancement. |
Our people and values 456 employees fostering inclusive culture with employee engagement, leadership development, and equal opportunity policies. |
Key challenges ahead Cyclical real estate market risks, regulatory changes, interest rate fluctuations impacting demand and supply dynamics. |
Interesting facts First Gujarat real estate developer to partner with Disney; fastest project sales like Arvind Orchards Bengaluru. |
Risks and strategy Mitigates cyclicality through diversified portfolio, phased launches, strong cash flow management, and risk governance policies. |
