Arvind SmartSpaces (ASL) has signed a new residential plotted development project in Ahmedabad, with a top-line potential of Rs. 600 crore. The project is acquired on an outright basis.

The project is spread across 150 acres and has a saleable area of 6.6 mn sq. ft. This project is located on Sanand-Nalsarovar road, Ahmedabad, approximately 15 km from Sanand and 30 km from Nalsarovar Lake.

Known for its proximity to the Nalsarovar Bird Sanctuary and its natural charm, the region is set for transformative growth, balancing ecological preservation with modern infrastructure. The corridor benefits from enhanced connectivity and is close to major industrial hubs created a structural demand for horizontal real estate.

In January 2025, the company had signed a joint development agreement for an industrial park on NH47, Bavla-Bagodara Road. The project has a total estimated area of about 440 acres and a top-line potential of Rs 1,350 crore.