Project Update27 May 2026, 10:21 am
Arkade Developers Secures ₹1,100 Cr Redevelopment Project
AI Summary
Arkade Developers Ltd. has secured the cluster redevelopment rights for 9 societies in Kandivali East, Mumbai, with a projected Gross Development Value (GDV) of approximately ₹1,100 crore. The project spans approximately 3 acres and features premium residences across 325,000 sq. ft. saleable area. This initiative aims to transform the neighborhood into a vibrant community with modern amenities and landscaped spaces, reinforcing Arkade’s commitment to quality and community-centric development in the MMR region.
Key Highlights
- Arkade Developers acquires cluster redevelopment rights in Kandivali East.
- The project has a projected Gross Development Value (GDV) of ~₹1,100 crore.
- The development spans 3 acres with 325,000 sq. ft. of saleable area.
- The project aims to enhance the local ecosystem with modern amenities.
- Arkade expands its footprint across MMR with this redevelopment project.
Price Impact
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