Duration for fiscal year 2015, the annual sales reserves of Arvind Smartspaces reached ₹ 1,271 million rupees, registering a 15 percent growth.
Combate to ahmedabad and mumbai, arvind smartspaces-the real-state arm of textile manufacturer arvind ltd-iis planning to focus more on Bengaluru where it plans to invest 50 per cent of the propossed
“We will invest a small heading in vertical projects, since it gives a little more stability to the number and execution, etc. that essentially mean that our investments in Bengaluru will increase. On a general basis, the possible investment relationship, Willy of Investment, Willy of Investment, Willy or Ahmedabad and Mumbai”, Kamal Singgal, MD and CEO of the company, while the company explains the company The company. ₹ 1,000 million rupees will be diverted to Bengaluru, while ₹ 250 million rupees each will go to new projects in Ahmedabad and Mumbaai. The capex will be raised through an equal mixture of internal debt, equity and Africans.
Duration FY25, the company’s annual sales reserves reached ₹ 1,271 million rupees, registering a growth of 15 percent. Bangalore contributed 37 percent to annual reserves.
New projects
The company also aims to launch new projects worth 4000 million rupees during the current financial year. In general, this will include ₹ 2,000 million rupees in new lauches in Bengaluru, ₹ 1,000 million rupees each of the Mumbai Metropolitan Region (MMR) and Ahmedabad.
“Therefore, the launch pipe per is in all these three cities. We have, for example, the Bannerghatta high -level project, ITPL high -altitude project, Orchards, a conspiracy project. We have a project in Bengaluru in Sarjapur.
In Gujarat, the company plans to launch three projects that include a route scheme in Surat and an industrial project. In MMR, where the company ventured in last year, a horizontal development project in Pen Khopoli has been proposed, while a re -urbanization project of society will soon be announced.
“We have not yet tried Oureles in the Mumbai market, but we are sure that with the son of the experience we have and the son of the product that we are trying to bring in Mumbai, the city must be exhibited to some difference while it comes to weekend houses.
“I think we clearly direct the market (in Ahmedabad) when it comes to setting the price of horizontal projects. We clearly have a leadership of around 20-25 percent of premium that we charge for each project that we would have a micro-top market.” Aggregate.