Arvind SmartSpaces to Develop Mega Industrial Park in Ahmedabad
Real Estate

Arvind SmartSpaces to Develop Mega Industrial Park in Ahmedabad

Arvind SmartSpaces Limited (ASL), one of India’s leading real estate development company, announced that it has signed an agreement for a large industrial park in Ahmedabad, with a total estimated area of ~440 acre and a top-line potential of ~Rs 13.50 billion. This mega project is located on NH47, Bavla-Bagodara Road. The project is signed under joint development model (70.5% Revenue share).

NH 47 is among one of the major national highways of Gujarat, which on the southern side connects Ahmedabad to all major cities of Saurashtra like Rajkot, Bhavnagar, Jamnagar etc, and on the northern side connects Ahmedabad to cities like Gandhinagar, Mehsana and connects the entire state to Rajasthan. This project is located on NH-47, between Bavla and Bagodara. It is located at a tri-junction that connects the project to Saurashtra region, Vadodara, Ahmedabad and key ports like Kandla, Mundra and Pipavav. The project is also located close to Dedicated Freight Corridor (DFC) and the upcoming Dholera Special Investment Region. There are several large industries in close vicinity which are focused on pharma, engineering, renewables, engineering, logistics and ancillaries. The micro-market is home to several large Industries and industrial parks. The project is envisaged to be one of the largest industrial parks in Gujarat with end-to-end ecosystem to ensure a thriving environment for industries. The proposed infrastructure includes common effluent treatment plant (CETP), Zero Liquid Discharge (ZLD), labour housing, executive housing, weight bridge, logistics zones, etc.

Commenting on this development, Mr. Kamal Singal, Managing Director and CEO, Arvind Smartspaces said, “We are excited to diversify our horizontal product mix in Ahmedabad and add a large industrial park to our portfolio. With this industrial plotted development, we have further augmented our horizontal portfolio and now have ~77 msf of projects in the Ahmedabad region. Given the healthy performance of the Ahmedabad economy, industrial park development market presents a sustainable and sizeable opportunity, and we remain at the forefront to address it.

Our Business Development initiatives are shaping up well and the cumulative new business development topline potential stands at more than Rs 38.50 crore for the current year to date. We look forward to add projects across our target markets of MMR, Bengaluru and Ahmedabad in the coming quarters.”

Arvind SmartSpaces Limited (ASL), one of India’s leading real estate development company, announced that it has signed an agreement for a large industrial park in Ahmedabad, with a total estimated area of ~440 acre and a top-line potential of ~Rs 13.50 billion. This mega project is located on NH47, Bavla-Bagodara Road. The project is signed under joint development model (70.5% Revenue share). NH 47 is among one of the major national highways of Gujarat, which on the southern side connects Ahmedabad to all major cities of Saurashtra like Rajkot, Bhavnagar, Jamnagar etc, and on the northern side connects Ahmedabad to cities like Gandhinagar, Mehsana and connects the entire state to Rajasthan. This project is located on NH-47, between Bavla and Bagodara. It is located at a tri-junction that connects the project to Saurashtra region, Vadodara, Ahmedabad and key ports like Kandla, Mundra and Pipavav. The project is also located close to Dedicated Freight Corridor (DFC) and the upcoming Dholera Special Investment Region. There are several large industries in close vicinity which are focused on pharma, engineering, renewables, engineering, logistics and ancillaries. The micro-market is home to several large Industries and industrial parks. The project is envisaged to be one of the largest industrial parks in Gujarat with end-to-end ecosystem to ensure a thriving environment for industries. The proposed infrastructure includes common effluent treatment plant (CETP), Zero Liquid Discharge (ZLD), labour housing, executive housing, weight bridge, logistics zones, etc. Commenting on this development, Mr. Kamal Singal, Managing Director and CEO, Arvind Smartspaces said, “We are excited to diversify our horizontal product mix in Ahmedabad and add a large industrial park to our portfolio. With this industrial plotted development, we have further augmented our horizontal portfolio and now have ~77 msf of projects in the Ahmedabad region. Given the healthy performance of the Ahmedabad economy, industrial park development market presents a sustainable and sizeable opportunity, and we remain at the forefront to address it. Our Business Development initiatives are shaping up well and the cumulative new business development topline potential stands at more than Rs 38.50 crore for the current year to date. We look forward to add projects across our target markets of MMR, Bengaluru and Ahmedabad in the coming quarters.”

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?