Arkade Developers Secures ₹350 Cr Goregaon Redevelopment Project.

Arkade Developers Limited, a listed real estate firm, has announced the acquisition of redevelopment rights for a strategically located society in Bangur Nagar, Goregaon West. This new project, spanning 1.1 acres, is projected to generate an estimated revenue of ₹350 crores.

The site offers a RERA saleable area of approximately 86,000 sq. ft. and will feature a mix of residential and commercial spaces. This acquisition significantly strengthens Arkade Developers' presence in Mumbai's Western suburbs, particularly within the Goregaon-Malad micro-market. This marks the fifth acquisition for the company in this belt recently, where it already has four completed and three ongoing projects.

The upcoming development is slated to offer thoughtfully planned homes, primarily consisting of 2 and 3 BHK configurations. Its strategic positioning boasts excellent connectivity and robust social infrastructure, aligning with Arkade Developers' growth strategy in the western Mumbai market.

Mr. Amit Jain, Chairman and Managing Director, Arkade Developers Limited, commented on the acquisition, stating, "Our foray into yet another society redevelopment project in Goregaon reaffirms Arkade's strong and growing footprint in this vital Mumbai suburb. We understand Goregaon's unique pulse and potential, having successfully delivered transformative projects in the area in the past. This latest acquisition aligns with our vision to create vibrant, future-ready spaces that add enduring value for homeowners, commercial users and the wider community."

Arkade Developers continues to consolidate its leadership in the Mumbai Metropolitan Region (MMR) through such high-potential redevelopment projects, emphasizing a core philosophy of blending thoughtful living with enduring quality.