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Arkade Developers acquires redevelopment rights for project in Goregaon

26 Jun 2025 Evaluate

Arkade Developers has acquired redevelopment rights of a strategically located society in Bangur Nagar, Goregaon West. Spread across 1.1 acres, the site offers a RERA saleable area of around 86,000 sq. ft and an estimated revenue potential of Rs 350 crore. The project will feature a mix of residential and commercial spaces, further strengthening its footprint in the Western suburbs. This marks the company’s 5th acquisition in the Goregaon- Malad micro-market in recent times. Furthermore, Arkade Developers has 4 completed and 3 ongoing projects within this residential belt.

The upcoming development is designed to offer thoughtfully planned homes with a configuration mix of 2 and 3 BHK’s. Strategically positioned with excellent connectivity and robust social infrastructure, this project adds significant value to Arkade Developers’ growth strategy in Mumbai’s western market. The company continues to consolidate its leadership in MMR through high potential redevelopment projects, aligned with its core philosophy of blending thoughtful living with enduring quality. 

Arkade Developers is primarily engaged in real estate development. The operations of the company span all aspects of real estate development, from the identification and acquisition of land, to planning, execution, construction and marketing of Commercial and residential projects.

Peers
Company Name CMP
Lodha Developers 1113.00
Prestige EstatesProj 1505.00
Dilip Buildcon 403.85
DLF 643.60
Oberoi Realty 1747.40
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