Arvind Smart Spaces (ASL) signed a new residential apartment project in Bengaluru, with a total estimated saleable area of around 04.6 million sq ft and a top-line potential of around Rs 40 million. This project in Bannerghatta Road, Bengaluru, was acquired on an outright basis. Kamal Singal, MD and CEO, Arvind Smart Spaces, said, “Our diversification initiatives addressing both horizontal and vertical developments across Bengaluru and Ahmedabad are progressing well. This high-rise project will deepen our presence in a key micro market in Bengaluru. We are well on track to conclude our ongoing business plan of Rs 10 billion in fresh investment to create a record year in terms of new project additions both from a value and volume perspective.”Contact: Arvind Smart SpacesTel: 79 68264023Website: www.arvindsmartspaces.com