Arvind Smartspaces, the real estate arm of Arvind Ltd., is doubling down on its presence in Bengaluru by earmarking ₹500 crore—half of its total ₹1,000 crore capital expenditure for FY26—for new and ongoing vertical development projects in the city. The strategic allocation underscores Bengaluru’s growing role in the company’s expansion plans, both in terms of project pipeline and revenue contribution.
In FY25, Bengaluru alone contributed 37% of Arvind Smartspaces’ total sales bookings of ₹1,271 crore, highlighting its importance in the firm’s portfolio. The company now aims to launch projects worth ₹4,000 crore across Bengaluru, Ahmedabad, and the Mumbai Metropolitan Region (MMR) during FY26.
Quick Highlights: Arvind Smartspaces FY26 Strategy
| Key Focus Area | Details |
|---|---|
| Total FY26 Capex | ₹1,000 crore |
| Bengaluru Allocation | ₹500 crore (50% of total capex) |
| Ahmedabad Allocation | ₹250 crore |
| MMR Allocation | ₹250 crore |
| Sales Bookings FY25 | ₹1,271 crore (15% YoY growth) |
| Bengaluru’s Contribution | 37% of total FY25 bookings |
| Total New Launches FY26 | ₹4,000 crore |
| Bengaluru Launch Pipeline | ₹2,000 crore worth of projects across major corridors |
Why Bengaluru is Central to Arvind Smartspaces’ Growth Strategy
Bengaluru continues to be a top-performing market for Arvind Smartspaces, particularly due to its robust demand for vertical high-rise projects. According to MD & CEO Kamal Singal, vertical developments offer greater execution efficiency and business stability—factors that align well with Bengaluru’s urban landscape and consumer demand.
“We will be investing a little heavier in vertical projects as it gives a little more stability to the numbers and execution,” said Kamal Singal, MD & CEO, Arvind Smartspaces.
He added that the capex mix would follow a 2:1:1 ratio across Bengaluru, Ahmedabad, and Mumbai respectively, with funding sourced equally through debt, equity, and internal accruals.
Project Pipeline: What’s Coming in FY26
Bengaluru Launches (~₹2,000 Cr)
- Bannerghatta High-Rise Project
- ITPL High-Rise Project
- Orchards (Plotting Scheme)
- Sarjapur Road Project
- Airport Road Project
Ahmedabad & Gujarat Projects (~₹1,000 Cr)
- Plotting scheme in Surat
- Industrial project (undisclosed location)
Mumbai Metropolitan Region (MMR) Projects (~₹1,000 Cr)
- Pen-Khopoli horizontal development
- Upcoming society redevelopment project
Growth in FY25: A Look Back
In FY25, Arvind Smartspaces recorded annual sales bookings of ₹1,271 crore—marking a 15% year-on-year growth. Bengaluru’s contribution stood out with 37% share, validating the company’s decision to double its investment in the city for the coming year.
FAQ: Arvind Smartspaces FY26 Investment Plans
Q1: How much is Arvind Smartspaces investing in Bengaluru in FY26?
A: The company plans to invest ₹500 crore in Bengaluru, which is 50% of its ₹1,000 crore capex.
Q2: What are some key projects planned in Bengaluru?
A: Upcoming projects include high-rises in Bannerghatta and ITPL, and residential developments in Sarjapur Road and Airport Road.
Q3: How will the ₹1,000 crore capex be funded?
A: The investment will be raised through a balanced mix of debt, equity, and internal accruals.
Q4: How did Arvind Smartspaces perform in FY25?
A: The company achieved ₹1,271 crore in sales bookings, showing a 15% YoY increase.
Q5: What are the planned launches in other cities?
A: ₹1,000 crore worth of projects are planned each in Ahmedabad and MMR, including a plotting scheme in Surat and a horizontal project in Pen-Khopoli.