Arvind Smartspaces to Invest ₹1,000 Crore, Prioritizes Bengaluru’s Growth

Arvind Smartspaces, the real estate arm of textile major Arvind Ltd, has unveiled an ambitious ₹1,000 crore capital expenditure plan for FY26, with a strategic focus on Bengaluru. The city, which contributed 37% to the company’s annual bookings in FY25, will receive half of the proposed investment, underscoring its importance in Arvind Smartspaces’ growth vision.

Bengaluru Takes Center Stage

Kamal Singal, MD and CEO of Arvind Smartspaces, shared that the company is shifting its investment strategy towards vertical projects for greater stability and efficiency. “Our investments in Bengaluru will go up. The ratio of investment will be more like 2:1:1 for Bengaluru, Ahmedabad, and Mumbai,” he explained. Of the ₹1,000 crore capex, ₹500 crore is earmarked for Bengaluru, while ₹250 crore each will be allocated to new projects in Ahmedabad and Mumbai. Funding will be sourced equally from debt, equity, and internal accruals.

Strong Sales and Ambitious Launch Pipeline

In FY25, Arvind Smartspaces achieved annual sales bookings of ₹1,271 crore, marking a 15% growth. Bengaluru played a pivotal role, contributing 37% to these bookings. Looking ahead, the company aims to launch new projects worth ₹4,000 crore in FY26, including:

• ₹2,000 crore in new launches across Bengaluru, such as the Bannerghatta and ITPL high-rise projects, Orchards plotting project, and developments on Sarjapur Road and Airport Road
• ₹1,000 crore in projects in the Mumbai Metropolitan Region (MMR), including a horizontal development at Pen Khopoli and an upcoming society redevelopment
• ₹1,000 crore in Ahmedabad and Gujarat, featuring a plotting scheme in Surat and an industrial project

City-Specific Strategies and Market Leadership

Singal emphasized Arvind’s leadership in Ahmedabad’s horizontal project segment, where the company commands a 20-25% premium in pricing. In Bengaluru, Arvind Smartspaces is positioned in the top bracket for premium developments. The company’s entry into Mumbai is expected to introduce innovative weekend home concepts, setting new benchmarks for the region.

Future-Ready Vision

With a robust launch pipeline and a clear focus on high-growth markets, Arvind Smartspaces is poised to redefine urban living across Bengaluru, Ahmedabad, and Mumbai. The company’s blend of strategic investments, market leadership, and innovative projects highlights its commitment to shaping the future of Indian real estate.