Arvind smartspaces Vastrapur - Pre Launch Project in Ahmedabad

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This page is created to inform readers about early market trends and developments. We do not claim to represent the official project or hold RERA approval. All information is based on publicly available news and should be verified with the developer once formally announced.

Arvind SmartSpaces gains after acquiring residential project in Ahmedabad

Arvind SmartSpaces announced that it had acquired a residential project in Vastrapur, Ahmedabad — covering roughly 3.6 lakh sq. ft. of saleable area. The project, acquired outright, has a top-line potential of about ₹400 crore. This acquisition marks the company’s 24th project in Gujarat. The site enjoys strong connectivity to metro routes, major business hubs (such as Navratna Business Park and Pinnacle Business Park), and lifestyle and educational amenities — factors that boost its appeal for prospective buyers. According to Arvind SmartSpaces’ leadership, the residential-apartment segment in West Ahmedabad (especially Vastrapur) is considered a promising micro-market; the acquisition thus enhances the company’s presence there. Further, the company indicated that this deal is part of a broader expansion plan — besides Gujarat, they aim to add new projects across Bengaluru and the Mumbai Metropolitan Region (MMR) before year-end.Market reaction was positive: on announcement day, the share price hit a high of ₹613.Overall, this acquisition underscores Arvind SmartSpaces’ strategy to diversify and expand its residential portfolio, capturing demand in prime micro-markets and driving long-term growth potential.

News Source: Business Standard

Why Arvind Smartspaces Vastrapur Project Is Worth Watching

Vastrapur is a leading and posh area situated in the city of Ahmedabad in the Indian state of Gujarat. The prestigious Indian Institute of Management (IIM) Ahmedabad is located in this area.

This area is also known for the Vastrapur Lake which is a hot spot as many renowned music personalities performing here. It has an open-air theatre and a children’s park. The beautiful surroundings of this lake made it the central hub of Ahmedabad for various cultural events. It is known as one of the poshest areas of the Ahmedabad city. It is an excellent location with various shopping malls, gardens, hospital, schools, colleges, banks, and ATMs.

It had become one of the fastest growing areas in the city. It is situated along the Sarkhej-Gandhinagar Highway and has numerous shopping malls and restraints along the road. It also has an electric cremation house in its locality.

Vastrapur has effective connectivity to the other parts of the city. It is well connected by trains, buses and other means public transport. It also has several Schools, such as Udgam and Prakash higher secondary schools as well as educational institutes. The banks and shopping malls are also nearby only. It has Sajivani Hospital, Medi Surge and SAL hospital in this area. It is a cosmopolitan area where all kinds of people live together. Thus locality is convenient for professionals who are working or studying is near IIM. There is also Swaminarayan and Jain temple in the area.

It's good connectivity to airport and railway station, and proximity to all the prime locations has drawn the interest from real estate developers. There's a range of options from premium to affordable housing options in this area.

Some of the upcoming projects are Sun Alekh by Sun buildcon, Goyal Riviera blues by Goyal and company, Riviera exotica by Goyal and company and Savaliya Niketan by Savaliya builders.

Key advantages of the proposed Arvind Smartspaces Vastrapur Project Location:

Schools/Collage Near by

L. J. College Of Computer Application Vastrapur

L.J. Institute Of Business Administration

L D Arts College

Nirman High School

Hospitals/Institutions Near by

Sanjivani Super Speciality Hospitals

Tej Hospital

Krishna Hospital

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*Disclaimer

This page is created for informational purposes only, based on publicly available news and preliminary market signals. It does not represent any official communication from Arvind Smartspaces. We do not claim or offer RERA-registered inventory or commit any sales prior to formal launch. Readers are advised to verify all information independently before making any purchase decisions.

*Real Estate (regulation & development) act 2016.