Mumbai Will See Three Residential Projects Redeveloped by Arkade Developers

Arkade Developers Ltd. is set to redevelop three residential projects in Mumbai, expecting a total revenue of ₹2,150 crore. The projects, covering 20,232 square meters (approximately 5 acres), are located in Andheri East, Malad West, and Borivali West.

The Andheri East project, near the Western Express Highway, spans 6,811 square meters with a saleable carpet area of 1.29 lakh square feet and a turnover potential of ₹527 crore. In Malad West, a project covering 6,337 square meters offers a.

saleable area of 2.12 lakh square feet, with an estimated turnover of ₹758 crore. The largest of the three is a cluster of four societies in Borivali West, covering 7,084 square meters, offering 2.44 lakh square feet of saleable area, and a projected turnover of ₹865 crore.

Arkade Developers Ltd has announced plans to redevelop three significant residential projects in Mumbai’s western suburbs, specifically in Andheri East, Malad West, and Borivali West. These projects collectively cover approximately 20,232 square meters (about 5 acres) and are expected to generate a projected turnover of ₹2,150 crore.

Project Details

1. Andheri East Redevelopment: This project encompasses a plot size of 6,811 square meters, offering a saleable carpet area of approximately 1.29 lakh square feet. The estimated revenue from this development is ₹527 crore about 2.12 lakh square feet, with a projected turnover of ₹758 crore.
3. Malad West Redevelopment: Covering an area of 6,337 square meters, this project will provide a saleable carpet area of This is the largest of the three projects, spanning 7,084 square meters and offering a saleable carpet area of approximately 2.44 lakh square feet. The anticipated revenue from this development is ₹865 crore.

Amit Jain, Chairman and Managing Director of Arkade Developers, emphasized the company’s commitment to strengthening its presence in Mumbai’s western suburbs. He highlighted a robust pipeline of over eight upcoming projects across the Mumbai Metropolitan Region (MMR), reflecting the company’s dedication to urban development and meeting the city’s growing housing demands.

Market Implications

Mumbai’s real estate landscape is witnessing a surge in redevelopment projects, driven by the need to modernize aging infrastructures and optimize land use in densely populated areas. Arkade Developers’ strategic initiatives in Andheri East, Malad West, and Borivali West are poised to contribute significantly to this urban transformation, offering modern residential spaces that cater to contemporary living standards.

These redevelopment projects not only aim to enhance the quality of housing but also aspire to rejuvenate the surrounding communities by improving local buildings and optimize land use. The three to all infrastructure and amenities. As these projects progress, they are expected to set new benchmarks in.

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Mumbai’s real estate sector, reflecting Arkade Developers’ commitment to quality areas, aim to provide modern housing solutions while upgrading aging infrastructure. The redevelopment will focus on enhancing living spaces with contemporary designs, improved amenities, and sustainable construction practices.

Residents of these buildings will benefit from upgraded infrastructure, better safety features, and enhanced community spaces. Arkade Developers, known for its expertise in redevelopment projects, will ensure a seamless transition, minimizing inconvenience to existing homeowners.

With Mumbai’s space constraints and growing housing demands, redevelopment is a crucial solution to revitalize older buildings and optimize land use. The three projects will contribute to the city’s housing stock while preserving its urban character.

Arkade Developers’ commitment to quality construction and timely execution ensures that these projects will set new benchmarks in Mumbai’s redevelopment landscape. As the city continues to evolve, such initiatives play a key role in enhancing the quality of life for residents while supporting sustainable urban growth.

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