Archive · 2 Jun 2025
Arvind SmartSpaces Eyes Mumbai Real Estate with New Ventures
Arvind SmartSpaces, a real estate company, is starting new projects in Mumbai.
They plan to build weekend homes and redevelop existing housing societies.
The company sees Mumbai as a key area for growth, alongside other cities.
Their first project is a set of weekend homes.
The company also reported good financial results and expects to increase its sales.
They are aiming for growth in the real estate market by offering options for weekend getaways and fixing up old buildings.
Arvind SmartSpaces is entering the Mumbai real estate market with a focus on society redevelopment and weekend homes.
The company's first Mumbai project is a ₹1,350 crore weekend home development in Pen-Khopoli.
Arvind SmartSpaces plans to announce its first society redevelopment project in Q1FY26.
The company aims to launch ₹4,000 crore worth of new projects across its core markets in FY26.
Arvind SmartSpaces reported a 22.6% year-on-year rise in net profit at ₹19 crore in Q4.
- Who
- Arvind SmartSpaces
- What
- Arvind SmartSpaces is expanding into the Mumbai real estate market.
- When
- Announcements made recently.
- Where
- Mumbai, with the first weekend home project in Pen-Khopoli.
- Why
- To capitalize on Mumbai's growth potential, focusing on society redevelopment and weekend homes.
- Company
- Arvind SmartSpaces
- Focus
- Society redevelopment and weekend homes
- First Project
- ₹1,350 crore weekend home development in Pen-Khopoli
- Planned Redevelopment Project
- Q1FY26 announcement
- New Project Launches (FY26)
- ₹4,000 crore
- Q4 Net Profit
- ₹19 crore (22.6% YoY rise)