Breaking News Arvind SmartSpaces Inks Pact for 92-Acre Realty Project in Khopoli Near Mumbai
Arvind Smartspaces Plots Khopoli, Mumbai, 3.0, present an unparalleled opportunity for anyone looking to invest in property. With its excellent location, well-designed plots, and supportive infrastructure, this development is set to redefine modern living while providing a canvas for personal expression and lifestyle preferences.
Arvind SmartSpaces
Purchasing a plot here means not just buying land, but becoming part of a thriving community that values quality living and growth. For those who dream of a serene yet connected lifestyle, or for investors eyeing a promising venture, Arvind Smartspaces Plots Khopoli is a step towards a remarkable future. Don’t miss out on the chance to be part of this exciting journey; explore your options today!
Arvind SmartSpaces
Arvind SmartSpaces has recently signed a joint development agreement to develop a significant real estate project on a 92-acre land parcel located near Khopoli, which is part of the Mumbai Metropolitan Region (MMR). This marks the company’s first venture into this region, with an estimated revenue potential of Rs 1,500 crore. The company will secure a 70.5% share of the total revenue from this project, which aligns with its strategy to diversify its portfolio and expand its presence in key real estate markets across India.
Strategic Importance of the Project
The decision to enter the MMR is driven by the large opportunities presented by the plotted and villa market in this area. Kamal Singal, the Managing Director and CEO of Arvind SmartSpaces Mumbai, expressed optimism about this market’s potential and emphasized that this acquisition contributes to a cumulative new business development topline potential of Rs 2,500 crore for the current fiscal year.
Infrastructure Developments Supporting Growth
The project is strategically located near Khopoli, an area poised to benefit from several transformative infrastructure projects under the state government’s Mumbai 3.0 initiative. Key developments such as Atal Setu and JNPT Port are reshaping connectivity in the region. Additionally, upcoming projects like the Navi Mumbai International Airport and Virar-Alibaug Multimodal Corridor are expected to enhance accessibility further, linking Mumbai 3.0 with major economic hubs and significantly reducing travel times.
Future Prospects and Expansion Plans
Looking ahead, Arvind SmartSpaces Plots Khopoli plans to add more projects not only in MMR but also in other target markets including Ahmedabad and Bengaluru. The company aims to leverage its expertise in horizontal developments—such as plots and villas—by introducing amenities that may include features like golf courses and clubhouses within their new projects.
Arvind SmartSpaces Plots Mumbai’ entry into Khopoli represents a strategic move into a burgeoning real estate market supported by significant infrastructure improvements that promise enhanced connectivity and growth potential.
