Arvind SmartSpaces is steadily expanding its footprint in the Mumbai Metropolitan Region (MMR), with a series of redevelopment and township projects aimed at strengthening its residential portfolio.
On April 7, the company signed a redevelopment agreement for a residential high-rise project in Goregaon (West), Mumbai. The project, being developed in partnership with Sigma Oxford Realtors, has an estimated revenue potential of ₹2,400 crore and a total saleable carpet area of 0.67 million square feet. This marks a significant addition to the company’s growing pipeline in the city.
Earlier, on March 27, Arvind SmartSpaces entered into its first society redevelopment project in Santacruz, Mumbai. The project is expected to generate around ₹300 crore in revenue, with a saleable carpet area of approximately 42,000 square feet. The company described this as its entry into the society redevelopment segment and its first residential apartment project in MMR.
So far, the company has announced three projects in the region. In January 2025, it made its MMR debut through a joint development agreement with Sach Developers for a 92-acre township near Khopoli. The project has an estimated revenue potential of ₹1,500 crore and follows a joint development model with a 70.5% revenue share, allowing for lower capital investment.
The Khopoli project is expected to feature villa developments, along with amenities such as a golf course and a large clubhouse.
Posted By
Ruchi Mane
info@houssed.com
Ruchi Mane is the Senior Editor at Houssed, leading the platform’s real estate news coverage. She tracks trends in India’s luxury property market while overseeing editorial strategy, PR outreach, and social media communication.