Arvind SmartSpaces Enters Vadodara with Rs 7 billion Housing Project

03 Nov 2025 CW Team

Arvind SmartSpaces (ASL), a leading real estate developer, has announced its entry into Vadodara with a large-scale horizontal residential project valued at around Rs 7 billion. The project, located in the Ajwa Road micro-market, marks ASL’s 23rd development in Gujarat and represents a strategic expansion into the city’s growing residential segment.

The upcoming project will blend smart design with modern amenities, offering luxury living amid natural surroundings while maintaining strong connectivity to the city centre.

Commenting on the development, Priyansh Kapoor, CEO and Whole-Time Director, Arvind SmartSpaces, said, “We are delighted to expand into Vadodara, one of Gujarat’s most vibrant residential markets. This project aligns with our strategy to grow in high-potential markets and strengthen our state-wide presence.”

ASL, part of the 120-year-old Lalbhai Group, has a development portfolio of over 108 million sq ft across Ahmedabad, Gandhinagar, Bengaluru, Mumbai Metropolitan Region (MMR), and Pune. The company aims to continue its growth momentum across key urban centres in India.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..