Published On:January 25 2025
Story Viewed 329 Times

"Arvind SmartSpaces Launches ₹1500 Crore Township Project in Mumbai Metropolitan Region"

Arvind SmartSpaces Limited (ASL) has entered the Mumbai Metropolitan Region (MMR) with its first horizontal multi-use project, spanning approximately 92 acres and offering a potential top-line value of ₹1,500 crore. The project, located near Khopoli and named Mumbai 3.0, will be developed under a joint development model with Sach Developers, who will serve as the land partners. The project structure allows for a 70.5% revenue share, ensuring low capital intensity and higher returns for ASL.

Kamal Singal, Managing Director and CEO of Arvind SmartSpaces, commented, “We are excited to announce our entry into the Mumbai real estate market, marking a significant milestone in our growth journey. The MMR plotted/villa market presents a huge opportunity, and we are confident our horizontal development approach will resonate with the region's evolving needs. This project reinforces our strategy of balanced geographic diversification across Gujarat, Karnataka, and Maharashtra, and we are committed to delivering a landmark development that aligns with our brand’s values of design, quality, and value creation."

The project is set to become the first large-scale horizontal development in the area, with planned amenities including a golf course, a large clubhouse, and other modern recreational facilities. The development aims to meet the growing demand for luxurious, secure living while fostering a sense of community through expansive green spaces, premium customizations, and modern design features.

This township will cater to the emerging lifestyle preferences of buyers seeking a superior, sustainable living experience.

HBL





OUR OTHER PRODUCTS & SERVICES: Projects Database | Tenders Database | About Us | Contact Us | Terms of Use | Advertise with Us | Privacy Policy | Disclaimer | Feedback

This site is best viewed with a resolution of 1024x768 (or higher) and supports Microsoft Internet Explorer 4.0 (or higher)
Copyright © 2016-2025

Technology Partner - Pairscript Software