Arkade Developers adds 3 new redevelopment projects in Western Mumbai

06 Jan 2025 Evaluate

With an aim to strengthen their footprint in Western Mumbai, Arkade Developers has added 3 new redevelopment projects in key micro-markets within Western Suburbs of Mumbai. Collectively, Arkade will be developing 20,232 square meters (Approximately 5 Acres) across these redevelopment projects located in Andheri East, Malad West and Borivali West. The projected saleable carpet area is Approximately 5.85 lakh sq. ft generating a projected turnover of Rs 2150 crore.

The redevelopment projects include one in Andheri East, with proximity to the Western Express Highway, having a plot size of 6,811 square meters, a projected saleable carpet area of 1.29 lakh square feet, and an estimated turnover of around Rs 527 crore. Another project is situated in Malad West, covering over 6,337 square meters and offering a saleable carpet area of 2.12 lakh square feet with a turnover potential of Rs 758 crore.

The third and largest development is a cluster of 4 societies situated in Borivali West. This cluster spans 7,084 square meters, offering a projected saleable carpet area of 2.44 lakh square feet and a potential turnover of Rs 865 crore.

Arkade Developers is primarily engaged in real estate development.


Arkade Developers Share Price

147.80 -5.75 (-3.74%)
13-Mar-2025 16:59 View Price Chart
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