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Arvind SmartSpaces to pour Rs 250 cr in 2019

Friday, 11 Jan 2019
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Arvind SmartSpaces is planning to make an investment to the tune of Rs 250 crore in 2019.

The investment will be made towards acquiring and developing new projects across the country. The company is also exploring and evaluating other markets such as Hyderabad for potential opportunities.

The company is launching a residential project in Pune in February and its first commercial project in Bengaluru in the next quarter. It is also evaluating other markets such as Hyderabad for potential opportunities.

The company is developing a residential project 'Arvind Elan' in Pune. The project will come up over two acre of land with a developable area of 1.5 lakh sq ft, which will be completed in three years. The project will mark the foray of the company in Maharashtra.

The company has planned 2.5 lakh sq ft of commercial development in Bengaluru. The ultra-luxury project in Ahmedabad, 'Uplands One' is also set to open a new phase.

 
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