India's Arvind Smartspaces rises on acquiring new residential project

Arvind Smartspaces

01/12/2025 04:10

** India's Arvind Smartspaces ARVD.NS rises 1.7% to 604 rupees

** The real estate developer adds a new premium residential high-rise project in the city of Ahmedabad with a revenue potential of 4 billion rupees ($44.73 million)

** Co says project is in one of the most established premium residential micro-markets in West Ahmedabad

** YTD, ARVD shares are down ~31%

($1 = 89.4290 Indian rupees)

(Reporting by Ananta Agarwal in Bengaluru)

((Ananta.Agarwal@thomsonreuters.com))