India, April 8 -- Ahmedabad-based Arvind SmartSpaces is another developer in the Mumbai real estate market who has announced two redevelopment projects in the city over the last two weeks. The two projects in Santacruz and Goregaon, Mumbai, have an estimated potential of over Rs.2,700 crore.

The company, on April 7, signed a redevelopment agreement for a residential high-rise project in the Goregaon (West) area of Mumbai. The company had announced that the project has a top-line potential of Rs. 2,400 crore with a total saleable carpet area of 0.67 million sq. ft.

According to the company, the project is being done in partnership with Sigma Oxford Realtors.

On March 27, the company signed its first society redevelopment project in the ...