{"id":275146,"date":"2026-09-28T14:06:25","date_gmt":"2026-09-28T08:36:25","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=275146"},"modified":"2026-09-28T14:06:25","modified_gmt":"2026-09-28T08:36:25","slug":"arvind-smartspaces-share-price-sarjapur","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/","title":{"rendered":"Arvind SmartSpaces Adds a Rs 470 Crore Sarjapur Road Project, but the Stock Cools After a Rs 668 Spike"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Arvind SmartSpaces Rs 606.55, down 1.22% (28 Sep, 1:50 PM). New project Rs 470 crore. Q1 FY27 PAT Rs 97 crore. P\/E 14.94 vs industry 33.54.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Arvind SmartSpaces share price was Rs 606.55 at 1:50 PM on 28 September 2026, down 1.22 percent, after the company announced a residential high-rise project on Sarjapur Road in Bengaluru. The project has about 3.6 lakh square feet of saleable area and a top-line potential of Rs 470 crore including the partner&#8217;s share, and it was acquired on a joint development basis. The stock trades at a P\/E of 14.94 against an industry figure of 33.54 and is 4.3 percent below its 23 September close. The latest project follows record first-quarter bookings of Rs 432 crore and a profit of Rs 97 crore.<\/p>\n<\/div>\n<p>Arvind SmartSpaces Limited, the real estate arm of the Lalbhai Group, announced its newest acquisition in Bengaluru, a residential high-rise on Sarjapur Road. The project has an estimated saleable area of about 3.6 lakh square feet and a top-line potential of Rs 470 crore, including the partner&#8217;s share, and it is being developed under a joint development model.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=arvind-smartspaces-share-price-sarjapur\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<p>The stock spiked to Rs 668.80 on 23 September after another Sarjapur Road launch and has since cooled. This article explains the new project, the Q1 numbers and what the Arvind SmartSpaces share price is pricing in.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/#What_the_New_Sarjapur_Road_Project_Adds\" title=\"What the New Sarjapur Road Project Adds\">What the New Sarjapur Road Project Adds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/#Arvind_SmartSpaces_Share_Price_Today_Numbers_and_Technical_Levels\" title=\"Arvind SmartSpaces Share Price Today: Numbers and Technical Levels\">Arvind SmartSpaces Share Price Today: Numbers and Technical Levels<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/#Q1_FY27_Numbers_Behind_the_Arvind_SmartSpaces_Share_Price\" title=\"Q1 FY27 Numbers Behind the Arvind SmartSpaces Share Price\">Q1 FY27 Numbers Behind the Arvind SmartSpaces Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/#Valuation_and_Risks_for_the_Arvind_SmartSpaces_Share_Price\" title=\"Valuation and Risks for the Arvind SmartSpaces Share Price\">Valuation and Risks for the Arvind SmartSpaces Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/#What_is_the_Arvind_SmartSpaces_share_price_today\" title=\"What is the Arvind SmartSpaces share price today?\">What is the Arvind SmartSpaces share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/#What_new_project_has_Arvind_SmartSpaces_announced\" title=\"What new project has Arvind SmartSpaces announced?\">What new project has Arvind SmartSpaces announced?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/#How_is_this_different_from_Arvind_Sylva\" title=\"How is this different from Arvind Sylva?\">How is this different from Arvind Sylva?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/#Why_did_the_Arvind_SmartSpaces_share_price_rise_on_23_September\" title=\"Why did the Arvind SmartSpaces share price rise on 23 September?\">Why did the Arvind SmartSpaces share price rise on 23 September?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/#What_were_Arvind_SmartSpaces_Q1_FY27_results\" title=\"What were Arvind SmartSpaces&#8217; Q1 FY27 results?\">What were Arvind SmartSpaces&#8217; Q1 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/#What_are_the_key_technical_levels_for_the_Arvind_SmartSpaces_share_price\" title=\"What are the key technical levels for the Arvind SmartSpaces share price?\">What are the key technical levels for the Arvind SmartSpaces share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/#Is_the_Arvind_SmartSpaces_share_price_low_compared_with_peers\" title=\"Is the Arvind SmartSpaces share price low compared with peers?\">Is the Arvind SmartSpaces share price low compared with peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/arvind-smartspaces-share-price-sarjapur\/#Should_I_buy_Arvind_SmartSpaces_shares_now\" title=\"Should I buy Arvind SmartSpaces shares now?\">Should I buy Arvind SmartSpaces shares now?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_the_New_Sarjapur_Road_Project_Adds\"><\/span><strong>What the New Sarjapur Road Project Adds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table border=\"1\" cellpadding=\"6\" style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;\">Item<\/th>\n<th style=\"text-align:left;\">Detail<\/th>\n<\/tr>\n<tr>\n<td>Location<\/td>\n<td>Sarjapur Road, Bengaluru<\/td>\n<\/tr>\n<tr>\n<td>Type<\/td>\n<td>Residential high-rise<\/td>\n<\/tr>\n<tr>\n<td>Saleable area<\/td>\n<td>About 3.6 lakh square feet<\/td>\n<\/tr>\n<tr>\n<td>Top-line potential<\/td>\n<td>About Rs 470 crore, including the partner&#8217;s share<\/td>\n<\/tr>\n<tr>\n<td>Structure<\/td>\n<td>Joint development<\/td>\n<\/tr>\n<\/table>\n<p>A joint development deal means the landowner contributes the land and shares revenue, so Arvind SmartSpaces commits less capital up front than in an outright purchase. That helps returns on capital and supports the Arvind SmartSpaces share price, though the company gives up part of the revenue.<\/p>\n<p>This is separate from Arvind Sylva, the company&#8217;s outright Sarjapur Road project with about Rs 860 crore of top-line potential. Arvind Sylva crossed Rs 500 crore of bookings in 30 days of launch and was the trigger for the 23 September rally in the Arvind SmartSpaces share price.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/nifty-below-23000\">Nifty Slips Below 23,000 as Sensex Tests Its Support Zone: What Drove the Selloff and What to Watch<\/a><\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Arvind_SmartSpaces_Share_Price_Today_Numbers_and_Technical_Levels\"><\/span><strong>Arvind SmartSpaces Share Price Today: Numbers and Technical Levels<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table border=\"1\" cellpadding=\"6\" style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;\">Metric<\/th>\n<th style=\"text-align:left;\">Value (28 Sep, 1:50 PM)<\/th>\n<\/tr>\n<tr>\n<td>Arvind SmartSpaces share price<\/td>\n<td>Rs 606.55 (down 1.22%)<\/td>\n<\/tr>\n<tr>\n<td>Previous close<\/td>\n<td>Rs 614.05<\/td>\n<\/tr>\n<tr>\n<td>Day range<\/td>\n<td>Rs 600.05 to Rs 628.80<\/td>\n<\/tr>\n<tr>\n<td>52-week high<\/td>\n<td>Rs 707.85<\/td>\n<\/tr>\n<tr>\n<td>RSI (14-day)<\/td>\n<td>40.8<\/td>\n<\/tr>\n<tr>\n<td>MACD vs signal line<\/td>\n<td>-8.93 vs -12.08<\/td>\n<\/tr>\n<tr>\n<td>SuperTrend<\/td>\n<td>Bullish, support at Rs 546.44<\/td>\n<\/tr>\n<tr>\n<td>20-day average<\/td>\n<td>Rs 608.96<\/td>\n<\/tr>\n<tr>\n<td>Market cap (Friday close)<\/td>\n<td>Rs 2,822 crore<\/td>\n<\/tr>\n<tr>\n<td>P\/E vs industry P\/E<\/td>\n<td>14.94 vs 33.54<\/td>\n<\/tr>\n<\/table>\n<p>The Arvind SmartSpaces share price is 14.3 percent below its 52-week high of Rs 707.85 and almost exactly at its 20-day average of Rs 608.96. The stock has given back 4.3 percent from its 23 September close of Rs 634.05 after touching Rs 668.80 that day on volume of 66.5 lakh shares.<\/p>\n<p>For the Arvind SmartSpaces share price, the MACD line has moved above its signal line, which points to easing selling pressure, and the SuperTrend indicator shows support at Rs 546.44. A move above the 20-day average would confirm a recovery.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Screen Real Estate Stocks and Track Live Levels on the Univest Screener<\/strong><\/a><\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Q1_FY27_Numbers_Behind_the_Arvind_SmartSpaces_Share_Price\"><\/span><strong>Q1 FY27 Numbers Behind the Arvind SmartSpaces Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Arvind SmartSpaces reported Q1 FY27 bookings of Rs 432 crore against Rs 175 crore a year earlier, collections of Rs 336 crore against Rs 191 crore, and revenue from operations of Rs 318 crore against Rs 102 crore. Adjusted EBITDA rose to Rs 152 crore from Rs 25 crore and profit after tax to Rs 97 crore from Rs 12 crore.<\/p>\n<p>Net debt to equity was 0.29 times at 30 June 2026, the company said, while the screen-based debt to equity ratio of 0.90 uses a broader definition. FY26 bookings were a record Rs 1,550 crore, up 22 percent, and the pipeline includes a Goregaon project with about Rs 2,400 crore of top-line potential.<\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Valuation_and_Risks_for_the_Arvind_SmartSpaces_Share_Price\"><\/span><strong>Valuation and Risks for the Arvind SmartSpaces Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The stock trades at a P\/E of 14.94 against an industry figure of 33.54, with a return on equity of 14.86 percent and a price to book of 4.35. That discount reflects the lumpy nature of real estate revenue, which is booked when projects are delivered.<\/p>\n<p>Lumpiness is the first risk for the Arvind SmartSpaces share price, since one strong quarter can be followed by a weak one, as 9M FY26 revenue of Rs 409 crore was below Rs 550 crore a year earlier. Execution is the second, because the Arvind SmartSpaces share price depends on joint development projects depend on approvals and partner alignment. Demand is the third: Bengaluru launches need steady sales to keep collections on track.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/us-iran-peace-talks-oil-price\">Trump Rejects Iran&#8217;s Peace Proposal: Oil Climbs, the Dollar Firms and Gold Falls as Rate-Hike Bets Build<\/a><\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the Arvind SmartSpaces share price and get alerts on launches and results.<\/em><\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Arvind SmartSpaces share price of Rs 606.55 has cooled from the 23 September spike even as the company adds a Rs 470 crore joint development project to a strong Bengaluru pipeline. A P\/E of 14.94 and record Q1 profit of Rs 97 crore are supports, while lumpy revenue and execution risk are the concerns. Investors weighing whether to buy Arvind SmartSpaces shares should watch the Rs 546.44 support and the Rs 608.96 average, follow stop-loss levels and consult a SEBI-registered adviser.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data independently before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_is_the_Arvind_SmartSpaces_share_price_today\"><\/span><strong>What is the Arvind SmartSpaces share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Arvind SmartSpaces share price was Rs 606.55 at 1:50 PM on 28 September 2026, down 1.22 percent from Rs 614.05. The day range is Rs 600.05 to Rs 628.80.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_new_project_has_Arvind_SmartSpaces_announced\"><\/span><strong>What new project has Arvind SmartSpaces announced?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It announced a residential high-rise on Sarjapur Road, Bengaluru, with about 3.6 lakh square feet of saleable area and top-line potential of Rs 470 crore, on a joint development basis.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"How_is_this_different_from_Arvind_Sylva\"><\/span><strong>How is this different from Arvind Sylva?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Arvind Sylva is a separate outright-acquired project on Sarjapur Road with about Rs 860 crore of top-line potential, which crossed Rs 500 crore of bookings in 30 days.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Why_did_the_Arvind_SmartSpaces_share_price_rise_on_23_September\"><\/span><strong>Why did the Arvind SmartSpaces share price rise on 23 September?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Arvind SmartSpaces share price jumped after Arvind Sylva crossed Rs 500 crore of bookings in 30 days, touching Rs 668.80 that day.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_were_Arvind_SmartSpaces_Q1_FY27_results\"><\/span><strong>What were Arvind SmartSpaces&#8217; Q1 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bookings were Rs 432 crore, revenue Rs 318 crore and profit after tax Rs 97 crore, against Rs 175 crore, Rs 102 crore and Rs 12 crore a year earlier.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_are_the_key_technical_levels_for_the_Arvind_SmartSpaces_share_price\"><\/span><strong>What are the key technical levels for the Arvind SmartSpaces share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The key levels for the Arvind SmartSpaces share price are SuperTrend support at Rs 546.44 and the 20-day average of Rs 608.96. The RSI is 40.8.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Is_the_Arvind_SmartSpaces_share_price_low_compared_with_peers\"><\/span><strong>Is the Arvind SmartSpaces share price low compared with peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E of 14.94 is below the industry figure of 33.54, though real estate earnings are uneven, so the discount reflects that risk.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Should_I_buy_Arvind_SmartSpaces_shares_now\"><\/span><strong>Should I buy Arvind SmartSpaces shares now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Strong bookings and profit support the case, but revenue is lumpy. Use a stop-loss, check your risk appetite and consult a SEBI-registered adviser.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Arvind SmartSpaces share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Arvind SmartSpaces share price was Rs 606.55 at 1:50 PM on 28 September 2026, down 1.22 percent from Rs 614.05. The day range is Rs 600.05 to Rs 628.80.\"}},{\"@type\":\"Question\",\"name\":\"What new project has Arvind SmartSpaces announced?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It announced a residential high-rise on Sarjapur Road, Bengaluru, with about 3.6 lakh square feet of saleable area and top-line potential of Rs 470 crore, on a joint development basis.\"}},{\"@type\":\"Question\",\"name\":\"How is this different from Arvind Sylva?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Arvind Sylva is a separate outright-acquired project on Sarjapur Road with about Rs 860 crore of top-line potential, which crossed Rs 500 crore of bookings in 30 days.\"}},{\"@type\":\"Question\",\"name\":\"Why did the Arvind SmartSpaces share price rise on 23 September?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Arvind SmartSpaces share price jumped after Arvind Sylva crossed Rs 500 crore of bookings in 30 days, touching Rs 668.80 that day.\"}},{\"@type\":\"Question\",\"name\":\"What were Arvind SmartSpaces' Q1 FY27 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Bookings were Rs 432 crore, revenue Rs 318 crore and profit after tax Rs 97 crore, against Rs 175 crore, Rs 102 crore and Rs 12 crore a year earlier.\"}},{\"@type\":\"Question\",\"name\":\"What are the key technical levels for the Arvind SmartSpaces share price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The key levels for the Arvind SmartSpaces share price are SuperTrend support at Rs 546.44 and the 20-day average of Rs 608.96. The RSI is 40.8.\"}},{\"@type\":\"Question\",\"name\":\"Is the Arvind SmartSpaces share price low compared with peers?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The P\/E of 14.94 is below the industry figure of 33.54, though real estate earnings are uneven, so the discount reflects that risk.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy Arvind SmartSpaces shares now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Strong bookings and profit support the case, but revenue is lumpy. Use a stop-loss, check your risk appetite and consult a SEBI-registered adviser.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Arvind SmartSpaces added a Rs 470 crore Sarjapur Road project and the stock cooled after a spike. Here are the Q1 numbers, levels and risks.<\/p>\n","protected":false},"author":36,"featured_media":275145,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[1190,1019],"class_list":["post-275146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-realty-stocks","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["275145"],"rank_math_title":["Arvind SmartSpaces Share Price: New Rs 470 Crore Project"],"rank_math_description":["Arvind SmartSpaces share price is Rs 606.55, down 1.22%, after a new Rs 470 crore Sarjapur Road project. Q1 FY27 numbers, valuation, technical levels and risks explained."],"rank_math_focus_keyword":["Arvind SmartSpaces share price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/arvind-smartspaces-adds-a-rs-470-crore-sarjapur-road-project-but-the-stock-cools.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/275146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=275146"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/275146\/revisions"}],"predecessor-version":[{"id":275147,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/275146\/revisions\/275147"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/275145"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=275146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=275146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=275146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}