‘Uplands One’ project in Ahmedabad by Arvind Smartspaces, India’s leading real estate development company has been awarded for ‘Creating High-Quality Lifestyle Villas in Gujarat’ at the 3 rd edition of Gujarat Real Estate Awards, presented by CNBC Bajar and RR Kabel. Hon’ble Chief Minister of Gujarat Shri Vijay Rupani presented the award to Mr. Kamal Singal, MD & CEO, Arvind SmartSpaces. ‘Uplands One’ is a premium residential township with the most spacious luxury villas in Ahmedabad designed by Woods Bagot, the leading Hong Kong based architect.
On receiving the award, Mr. Kamal Singal, MD & CEO, Arvind SmartSpaces said, “At Arvind SmartSpaces, it is our constant endeavor to innovate and introduce newer concepts of lifestyle residences. With Uplands, we introduced the concept of Lifestyle of Health and Sustainability "LOHAS” to Gujarat. We are delighted to receive this award and it is a proud moment for all of us at Arvind SmartSpaces”.
Spread across 135 acres, Uplands One has contemporary villas with double height living room. It comes with an option of personal swimming pool, gymnasium, authentic Disney themed kid’s bedroom and home theatre. All structures at Uplands One are ground plus one or ground plus two stories. The project boasts three lifestyle clubs - Golf Square, a premium 9-hole executive golf course built around a modern lifestyle club; Fun Square, an entertainment zone inspired by Disney; and Zen Square, an authentic Japanese Zen inspired Meditation, Yoga & Wellness Club and Café.
Gujarat Real Estate Awards, aims to recognise the real estate projects that have been creating a mark for themselves. The award brings forth the work done across all the cities in the Gujarat and put the spotlight on the builders, architects and contractors working tirelessly to bring these projects to fruition. Driven by stringent criteria and a robust methodology along with a comprehensive survey and a stringent jury process, these awards identify Gujarat’s best most preferred projects from over 1000 real estate projects.
CNBC Power Talk 11 April 2018 22min 12sec Mr Sanjay S Lalbhai Chairman & MD, Arvind 17 30pm
Mumbai, Mar 14 (PTI) Arvind Smartspaces, the realty arm of fashion and apparel firm Arvind, is targeting to cross the Rs 1,000-crore revenue mark in the next four years, a top company official said.
The BSE-listed firm, which is currently present in Ahmedabad and Bengaluru, plans to explore opportunities in two more cities in the next four years, Arvind Limited executive director Kulin Lalbhai told PTI here.
According to him the implementation of the real estate regulatory Act (Rera) and the goods and services tax (GST) has streamlined the real estate sector and brought a lot of focus on serious branded players.
"These legislations are likely to create more demand with more people moving towards primary ownership," he said.
The parent company entered the real estate business in 2010, but considering the growth opportunity in the sector, it decided to carve out a separate vertical to manage this segment, according to Lalbhai.
The company reported a revenue of Rs 160 crore last year and has been growing at 30 per cent year-on-year.
"We hope to cross the Rs 1,000 crore mark in the next four years," Lalbhai said.
The company will continue to focus on the Ahmedabad and Bengaluru markets and is exploring opportunities in Pune.
"We may add another city in the next four years but our strategy is to saturate the existing markets. Low and mid-income segments are our target customer bases and we will launch projects to cater to their demands," he said.
When asked if the company was planning to buy stressed assets to achieve its target of Rs 1,000 crore revenue, he answered in the negative.
"Our focus is clear that we want to grow through the greenfield route. We may either buy land or enter into joint development or even partner with private equity funds on project to project basis, but we do not intend to buy stressed assets," he said.
The company has already delivered six projects of around 2.3 million sq ft and has another eight projects totalling to 8 million sq ft under various stages of development to be completed over the next 3-4 years.
"Almost 4 million sq ft of projects will be delivered this year and we will continue to add more as we go ahead," said Lalbhai.
Arvind SmartSpaces has developed a 5-star Club Resort within the Upland integrated township spread over 135-acre campus Ahmedabad. Mr Singal quoted “The first phase of 300 villas will be delivered by December 2018. The company has already sold out till now to business people, NRI’S and High-networth individuals. The company plans to build a total of 1000 units of apartments as well as villas as per market demand in phases. The smallest villa spread over 6000 sq ft with a built up are of 3000 sq ft cost Rs 1.5 crore while the biggest villa comprising of 27000 sq ft is priced at Rs 12 crore”.
Upland Club Resort, spread over 13-acre campus with 1 lakh sq ft built up area, comprising of 20 rooms, food and beverage, courts , dinging and partying lawns, super indoor and outdoor sports facilities, including a golf course would be ready for commercial operations by December 2018-March 2019.
Channel Partner meet in the name of “Arvind Partner Connect” was organized at Hotel Radisson Blu Atria, Bengaluru on 15th June,2017 to celebrate the launch success of Arvind Skylands
1. Arvind SmartSpace Ltd. has been chosen as Asia’s Greatest Brands 2016 by Asiaone Magazine for its performance in Financial Year 2015 -16.
2. Mr. Kamal Singal has been adjudged among Asia’s Greatest Leaders 2016.
“Arvind SmartSpaces has received Certificate of Excellence in ASSOCHAM Top 50 SME Index on 6th December, 2016 at Hotel The Park, New Delhi”.
The Neon Night Run took place at Merriment Lawn, Sindhu Bhavan Road, Ahmedabad. The run perfectly matched with the theme of Health and Fun of our Township, Uplands. People ran or walked at night covered in Neon accessories and Body Paint.
Mr. Kamal Singal, MD and CEO – Arvind SmartSpaces has been added in the list of leaders who are changing the face of real estate sector in India with their business acumen and leadership.
Arvind SmartSpaces bagged "Emerging Developer of the Year - India" award in ABP News Real Estate Awards 2016
Uplands won "Integrated Township of the Year - India" award in ABP News Real Estate Awards 2016.
Arvind SmartSpaces won The "Emerging developer of the year-Residential" while Uplands was "Luxury project of the year" in Realty plus excellence awards.
Urbanization needs good builders and developers to create land spaces that echo beauty while providing utility.
Arvind SmartSpaces gets the ‘Best Overall Stall Award’ at GIHED - 2014
Company in process of de-merging its owned subsidiary Arvind SmartSpaces into a separate eintity
GIHED Property Exhibition - 19th September, 2014 to 21st September, 2014 by Arvind SmartSpaces
Textile conglomerate Arvind Ltd demerger, transfer to its real estate business Arvind SmartSpaces
Arvind sponsors the SME conference 2014 held in Ahmedabad