Arkade Developers Ltd announced on 7 January that they had received three new redevelopment projects in Mumbai.

The company has undertaken three redevelopment projects in Mumbai’s Western Suburbs, encompassing a total of 20,232 square meters (approximately 5 acres). These projects collectively offer a saleable carpet area of approximately 5.85 lakh square feet, with an estimated turnover of Rs 2,150 crore.

The individual projects include one in Andheri East, near the Western Express Highway, with a plot size of 6,811 square meters, a saleable carpet area of 1.29 lakh square feet, and a turnover potential of Rs 527 crore.

Another project is located in Malad West, spanning 6,337 square meters, with a saleable carpet area of 2.12 lakh square feet and an estimated turnover of Rs 758 crore.

The third and largest redevelopment project is a cluster of four societies located in Borivali West. Covering an area of 7,084 square meters, this project is expected to deliver a saleable carpet area of 2.44 lakh square feet, with an estimated turnover of Rs 865 crore.

Amit Jain, chairman and managing director of Arkade Developers, said, “We have a robust pipeline of over 8 upcoming projects across MMR. We expect to witness a further uptick in societies partnering with us, owing to our exemplary delivery track record. Keeping the Family First philosophy in mind, we focus on getting our residents and buyers possession on time.”

Arkade Developers is a prominent Indian real estate company specializing in residential and commercial projects. Renowned for its commitment to quality, the company has established a strong reputation in Mumbai’s real estate market.

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