Arkade Developers has registered the development agreement for the cluster redevelopment of Shree Rani Sati Nagar Co-operative Housing Society, located at SV Road, Malad West. The project spans a total plot area of approximately 6,553 square metres and is proposed as a large-scale cluster redevelopment with an estimated Gross Development Value (GDV) of around Rs 700 crore.
Strategically located along SV Road, the project enjoys excellent connectivity to key business districts, social infrastructure, and transport corridors in Mumbai’s western suburbs. Under this development, Arkade Developers will deliver a modern residential development aligned with contemporary urban living standards, while ensuring enhanced lifestyle amenities and upgraded infrastructure for existing members of the society. The project further strengthens Arkade’s footprint in the western suburbs, a key focus market for the company.
This comes after the recent DA registered by the company for a redevelopment project in Goregaon west spanning 4640.60 sq mts with a projected GDV of Rs 350 crore. With this addition, Arkade Developers continues to build a robust pipeline of redevelopment projects across Western Mumbai and strengthen its presence in the Goregoan- Malad Micro market, leveraging its execution capabilities, design led approach and deep understanding of redevelopment dynamics.
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.
