Archive · 15 Dec 2025
Arvind SmartSpaces acquires ₹550-crore Whitefield residential project
Arvind SmartSpaces, a company that builds homes, has bought a new big building project in Whitefield, Bengaluru.
This project is worth ₹550 crore.
They had already bought another similar project on ITPL Road earlier this year.
The company's shares went down a little bit today, by ₹10.60, to ₹585.
This shows that the company is growing and buying more projects to build homes.
Arvind SmartSpaces acquired a new high-rise residential project in Nallurahalli, Whitefield, Bengaluru.
The project has a potential value of ₹550 crore.
This follows their earlier acquisition of a high-rise project on ITPL Road in FY25.
Shares of Arvind SmartSpaces Ltd ended at ₹585, down by ₹10.60 or 1.78% on the BSE on December 15.
The acquisition indicates the company's expansion in the residential project portfolio.
- Who
- Arvind SmartSpaces Ltd
- What
- Acquired a new high-rise residential project in Whitefield
- When
- Not specified (recent)
- Where
- Nallurahalli, Whitefield, Bengaluru
- Why
- Expansion of residential project portfolio
- Company
- Arvind SmartSpaces Ltd
- Project Location
- Nallurahalli, Whitefield, Bengaluru
- Project Potential
- ₹550 crore
- Previous Acquisition
- High-rise project on ITPL Road in FY25
- Stock Price
- ₹585 (down ₹10.60 or 1.78%)