Arvind SmartSpaces Acquires High-Rise Project in Whitefield

17 Dec 2025 CW Team

Arvind SmartSpaces Limited (ASL), part of the Lalbhai Group, has recently acquired a residential high-rise project in Whitefield, Bengaluru, with an estimated saleable area of around 0.46 million sq ft and a projected top-line potential of approximately Rs 5.5 billion. The project has been acquired on an outright basis and is located in the Nallurahalli area of Whitefield.

The acquisition follows ASL’s earlier high-rise project signing on ITPL Road in FY25 and further strengthens the company’s presence in one of Bengaluru’s most sought-after real estate micro-markets. Whitefield has emerged as a major residential and commercial hub over the past decade, supported by its proximity to large IT parks, multinational companies and a well-developed social infrastructure, driving sustained demand for premium housing.

This development marks ASL’s ninth high-rise project in Bengaluru. Since entering the city in 2013, the company has added 13 projects across the region, of which six have been delivered, while seven are at various stages of development or pre-launch.

“We are happy to add another high-rise project in Bengaluru, strengthening our vertical development portfolio in the city,” said Priyansh Kapoor, CEO and Whole Time Director, Arvind SmartSpaces. “This is our second acquisition in Whitefield, one of Bengaluru’s most premium residential markets, and it aligns with our strategy of delivering high-quality developments in strong-demand micro-markets. The Arvind brand continues to resonate with homebuyers and landowners as we plan further additions across Gujarat, Bengaluru and the MMR.”

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..