Project Launch
Arvind SmartSpaces signs 58.25-acre plotted development deal on Kerala-Nalsarovar Road
Arvind SmartSpaces has signed a joint development agreement for an upcoming residential plotted development on Kerala-Nalsarovar Road in South Ahmedabad. The project is planned across 58.25 acres, with an estimated saleable area of about 2.5 million sq ft.
| Developer | Arvind SmartSpaces Limited |
|---|---|
| Location | Kerala-Nalsarovar Road corridor, South Ahmedabad |
| Status | Upcoming; joint development agreement signed on 15 June 2026 |
| Project type | Residential plotted development |
| Land area | 58.25 acres |
| Estimated saleable area | About 2.5 million sq ft |
| Estimated revenue potential | About ₹180 crore for the developer |
Agreement signed; project remains upcoming
Arvind SmartSpaces Limited signed a joint development agreement for the South Ahmedabad project on 15 June 2026. The agreement marks the project’s move into the pipeline; as of October 2026, it is listed as upcoming. The project has been described as a horizontal residential development, rather than a tower-based scheme.
The announced scale is 58.25 acres, with an estimated saleable area of about 2.5 million sq ft. The company’s estimated revenue potential is around ₹180 crore. That figure is the developer’s estimate, not a published price for buyers.
Plotted homes on the Kerala-Nalsarovar Road corridor
The project is on the Kerala-Nalsarovar Road corridor in South Ahmedabad; coverage of the deal places it in the Metal area. The planned product is residential plots, described as aimed at weekend homeowners and investors. The reported project details do not include plot sizes or a plot count.
Arvind SmartSpaces has said that improved connectivity has reduced travel times to the city and enhanced the area’s appeal. Separately, AUDA’s Sardar Patel Ring Road widening project covers a 76-km stretch and is scheduled for completion by the end of 2026. It is an area-wide road project, not a project-specific facility.
Pricing and buyer timelines
No buyer price band or per-plot price has been published in the reported project details. The ₹180 crore estimate refers to the developer’s expected revenue from the joint development arrangement; it is not an asking price or a buyer charge.
The reported announcement does not give a launch date or possession timeline. The project is described as upcoming as of October 2026.
Frequently asked questions
What is planned on Kerala-Nalsarovar Road?
Arvind SmartSpaces is planning a residential plotted development on the Kerala-Nalsarovar Road corridor in South Ahmedabad.
How large is the project?
The project is planned across 58.25 acres, with an estimated saleable area of about 2.5 million sq ft.
Has the project launched?
As of October 2026, it is listed as upcoming. The joint development agreement was signed on 15 June 2026.
What is the price of the plots?
A buyer price band has not been published in the reported project details. The estimated ₹180 crore revenue potential is a developer figure, not a plot price.
When is possession expected?
The reported project details do not give a possession timeline.