Arvind SmartSpaces Ltd has announced a significant expansion of its portfolio with a new 440-acre industrial park project in Ahmedabad. The development, located on NH-47 between Bavla and Bagodara, has a top-line potential of approximately ₹6,000 crore. This joint development project, with a 70.5% revenue share for Arvind SmartSpaces, aims to be one of Gujarat's largest industrial parks. The park will feature state-of-the-art infrastructure, including a common effluent treatment plant, zero liquid discharge system, and dedicated logistics zones. This strategic move diversifies Arvind SmartSpaces' product mix and strengthens its position in the Ahmedabad real estate market.
Sources: NDTV Profit, Business Standard, Construction World