Upcoming Project
Arvind SmartSpaces Adds 2.5-Acre Sarjapur Road High-Rise Project in Bengaluru
Arvind SmartSpaces has acquired a 2.5-acre residential high-rise site on Sarjapur Road in southeast Bengaluru through a joint development arrangement, with an estimated top-line potential of Rs 470 crore. As of 22 October 2026 the project is at the upcoming stage, with no launch or sales pricing announced for it yet.
| Developer | Arvind SmartSpaces Limited (ASL), part of the Lalbhai group |
|---|---|
| Location | Sarjapur Road, southeast Bengaluru, Karnataka |
| Project type | Residential high-rise (vertical development) |
| Land area | 2.5 acres |
| Saleable area | About 3.6 lakh sq ft |
| Top-line potential | Rs 470 crore, including the development partner's share |
| Acquisition route | Joint development basis; announced 28 September 2026 |
| Status (as of 22 October 2026) | Upcoming. Acquired, with launch targeted within about 12 months of business development |
| Company context | 11th high-rise project in Bengaluru; lifts FY27 new business development top-line potential to about Rs 3,100 crore |
What was announced
Arvind SmartSpaces Limited announced on 28 September 2026 that it had acquired a new residential high-rise project on Sarjapur Road in Bengaluru. The company describes the deal as an extension of its existing Arvind Sylva development on the same road, and it is the company's 11th high-rise project in the city.
The project was acquired on a joint development basis. Under that model, a developer typically brings in a land-owning partner rather than buying the land outright, and the partner's share is included in the headline figure.
Project scale and figures
The 2.5-acre site is expected to yield about 3.6 lakh sq ft of saleable area. The estimated top-line potential is Rs 470 crore, including the partner's share. That figure is a business development estimate, not revenue already recognised.
- Land: 2.5 acres
- Saleable area: about 3.6 lakh sq ft
- Top-line potential: Rs 470 crore including partner share
- Cumulative FY27 new business development top-line potential: about Rs 3,100 crore
Analysts covering the stock have pointed out that the Rs 470 crore estimate is large compared with the company's FY26 consolidated net sales of Rs 564.05 crore, which is one reason the acquisition has drawn attention to sales execution.
Status and timeline
As of 22 October 2026, the project is at the upcoming stage. It has been acquired, but no launch event, booking or sales price for this specific parcel has been announced.
The company has said it aims to launch the acquired project within about 12 months of business development. The next steps to watch are the state RERA registration, the formal launch, tower and unit details, and the sales price band.
Location and demand context
Sarjapur Road runs through southeast Bengaluru and is close to the Outer Ring Road technology hub. Reports on the acquisition also point to a major technology company's new campus nearby and a proposed metro station on the road's corridor.
Because the new site extends Arvind SmartSpaces' existing Arvind Sylva development, the two projects are expected to share a sales micro-market. Buyers should treat the Arvind Sylva project as a separate development with its own registration and terms, not as the same project.
Why it matters for the company
Bengaluru has been an increasingly important market for Arvind SmartSpaces since it entered the city in 2013. The company says the addition strengthens its vertical development portfolio in the city, and it has described its focus as building depth in Gujarat, Bengaluru and the Mumbai Metropolitan Region.
Frequently asked questions
Is the Arvind SmartSpaces Sarjapur Road project launched yet?
As of 22 October 2026, the project is listed as upcoming. The company has announced the acquisition of the site, but a formal launch has not been reported for this parcel.
Who is developing the Sarjapur Road project?
Arvind SmartSpaces Limited, the real estate arm of the Lalbhai group, is the developer named in the acquisition announcement. The land was acquired on a joint development basis.
How big is the project?
The site covers 2.5 acres with an estimated saleable area of about 3.6 lakh sq ft, and an estimated top-line potential of Rs 470 crore including the partner's share.
Is this the same as Arvind Sylva on Sarjapur Road?
No. The company describes the new project as an extension of its existing Arvind Sylva development on the same road, but it is a separate acquisition.
Where exactly is the project located?
It is on Sarjapur Road in southeast Bengaluru, close to the Outer Ring Road technology hub. The announcement did not give a plot address or pin code for the site.
When is the project expected to launch?
The company has said it aims to launch the acquired project within about 12 months of business development. No exact launch date has been announced.
Sources
- Arvind SmartSpaces adds new high-rise residential project in Bengaluru - Business Standard
- Arvind SmartSpaces Adds Bengaluru Residential Project With ₹470 Crore Top-Line Potential - Free Press Journal
- Arvind SmartSpaces adds new residential high-rise project in Bengaluru - Construction Week India
- Arvind SmartSpaces Adds New High-Rise Residential Project in Bengaluru - Construction World
- Arvind SmartSpaces to jointly develop 2.5-acre residential project in Bengaluru - PropNewsTime