Arvind SmartSpaces Sells 200 Plots Worth Over ₹180 Crore at Bengaluru Project

Arvind SmartSpaces Ltd announced on March 25, 2025, that it has sold the entire launched inventory of its latest plotted development project, Arvind The Park, in Devanahalli, Bengaluru. A total of 200 plots were sold at launch, generating a booking value of over ₹180 crore.

As of 1:14 PM on March 26, Arvind SmartSpaces shares were trading at ₹711.10, up ₹13.95 or 2.00% for the day. Over the past six months, the stock has declined by 15.74%, but it remains up by 13.11% over the past year.

Location and Market Context

The project is located in Devanahalli, a micro-market in North Bengaluru that has seen increased real estate activity due to its proximity to the Kempegowda International Airport and major infrastructure projects. The area also hosts major economic zones such as the Aerospace SEZ and KIADB IT Park. Improved connectivity and access to healthcare and education hubs have contributed to its growing demand among homebuyers and investors, as per the reports.

Company Activity in Bengaluru

Arvind SmartSpaces entered the Bengaluru market in 2013 and has since expanded with 12 projects in the city. Of these, six projects have been completed, and 6are currently under development or in the pre-launch phase. 

Arvind The Park is the company’s third plotted development in the Devanahalli region, following the earlier launches of Arvind Greatlands and Arvind Orchards.

Conclusion

With a complete sellout of 200 plots worth over ₹180 crore at launch, Arvind SmartSpaces continues its expansion in the Bengaluru residential market, particularly in the emerging Devanahalli micro-market.

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