Arvind SmartSpaces to Revamp Goregaon West Project, Mumbai


NEW DELHI: Arvind SmartSpaces has initiated a residential redevelopment project in Goregaon (West), Mumbai, with an estimated revenue potential of around ₹2,400 crore.

This project, developed in collaboration with Sigma Oxford Realtors, will encompass a saleable area of approximately 0.67 million sq ft, situated in Siddharth Nagar.

This marks the company’s third residential venture in the Mumbai Metropolitan Region (MMR) and its second high-rise project in the city.

Additionally, the company’s wholly-owned subsidiary, Arvind Skyline (ASPL), has acquired a 49% stake in Oxford Navrang Realtors for ₹49,000. This acquisition is anticipated to be finalized within the month.

Furthermore, the company has sold a 13% stake in ASPL to two investors for ₹13,000, lowering its stake in the subsidiary to 87%.

  • Published On Apr 7, 2026 at 05:00 PM IST

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