Arvind SmartSpaces Limited (ASL), a prominent player in India's real estate sector, has announced its entry into the Vadodara residential market with a large-scale horizontal development project. The company, known for its smart design and future-ready amenities, is set to redefine urban living in the city with this strategic move.

Project Details

Strategic Expansion

This new venture marks ASL's 23rd project in Gujarat, aligning with the company's strategy to expand into high-potential markets and strengthen its presence in the state. The project is strategically located in the Ajwa road micro-market, offering a unique blend of luxury living amidst nature while maintaining seamless connectivity to the city.

Management's Perspective

Mr. Priyansh Kapoor, CEO and Whole Time Director of Arvind SmartSpaces, expressed enthusiasm about the expansion, stating, "We are delighted to expand into a new city and enter the vibrant and emerging residential market of Vadodara. The optimism in the real estate market remains strong, and we look forward to adding new projects across Gujarat, Bengaluru, and MMR during the remainder of the year."

Company Background

Arvind SmartSpaces, established in 2008, is built on the 120-year legacy of the Lalbhai Group. The company has developed approximately 108 million square feet of real estate across India, with a focus on delivering value-adding real estate solutions to its customers. ASL has a presence in Ahmedabad, Gandhinagar, Bengaluru, Mumbai Metropolitan Region (MMR), and Pune.

Future Outlook

With the real estate market showing strong optimism, Arvind SmartSpaces is poised for continued growth. The company plans to leverage its strong brand name and the credibility achieved through previously delivered projects to expand its footprint in key markets across India.

This move into Vadodara demonstrates Arvind SmartSpaces' commitment to growth and its ability to identify and capitalize on emerging real estate opportunities in India's dynamic urban landscape.

Arvind SmartSpaces Limited , a prominent player in the real estate sector, has announced a significant addition to its leadership team. Mr. Dharmesh Vyas, a veteran in the real estate industry, has been appointed as the company's new Chief Operations Officer (COO), effective October 28, 2025.

A Wealth of Experience

Mr. Vyas brings over three decades of invaluable experience to his new role at Arvind SmartSpaces. His impressive career trajectory includes senior leadership positions at several renowned real estate companies:

International Expertise

Throughout his career, Mr. Vyas has demonstrated his prowess in managing large-scale real estate development projects. His expertise extends beyond Indian borders, with significant international experience in:

• Dubai
• Bahrain
• Kuwait
• Maldives

This global exposure is expected to bring a fresh perspective to Arvind SmartSpaces' operations.

Educational Background

Mr. Vyas' strong educational foundation complements his extensive practical experience:

Role and Responsibilities

As the Chief Operations Officer, Mr. Vyas will be entrusted with several key responsibilities:

• Strategic and operational planning
• Project management
• Procurement and contracts
• Project deliveries

His focus will be on ensuring the highest standards of compliance, safety, and quality, ultimately leading to enhanced customer satisfaction.

Company's Perspective

The appointment of Mr. Dharmesh Vyas as COO aligns with Arvind SmartSpaces' commitment to strengthening its leadership team. By bringing on board a professional with such extensive experience and proven expertise, the company aims to enhance its operational efficiency and project execution capabilities.

This strategic move is expected to contribute significantly to Arvind SmartSpaces' growth trajectory and reinforce its position in the competitive real estate market.

The real estate sector will be watching closely to see how Mr. Vyas' wealth of experience and international exposure will translate into operational excellence and strategic growth for Arvind SmartSpaces in the coming years.