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Arkade Developers adds four new redevelopment projects in Western Mumbai

19 Aug 2026 Evaluate

Arkade Developers has added four new redevelopment projects across key micro-markets in the Western Mumbai. Collectively, the projects span around 45,204 square meters (11.17 acres) across Malad West, Kandivali West, Kandivali East and Borivali West. Together, they have an aggregate projected saleable carpet area of around 15 lakh square feet and a projected turnover potential of around Rs 5,000 crore.

Among the newly added developments are projects in the sought-after Ashok Nagar area of Kandivali East and Shankar Lane in Kandivali West. Together, these two projects comprise a plot area of around 12,611.5 square meters, with a projected saleable carpet area of 3.5 lakh square feet and an estimated Gross Development Value of Rs 1,100 crore. The Malad West redevelopment spans around 8,428 square meters and is expected to offer a projected saleable carpet area of 2.5 lakh square feet, with a turnover potential of around Rs 900 crore.

The largest of the developments is the cluster redevelopment at Yogi Nagar - Plot B in Borivali West. Spread across around 24,165 square meters, the project is expected to offer a projected saleable carpet area of 9 lakh square feet and has a potential turnover of around Rs 3,000 crore. The addition of these redevelopment projects further strengthens the company’s development pipeline across some of Mumbai’s established residential micro-markets, while reinforcing its commitment to delivering high-quality, thoughtfully planned developments across the city. Collectively, the projects have an estimated construction area of around 51 lakh square feet, further underscoring the scale and potential of the company’s expanding redevelopment portfolio.

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.

Arkade Developers Share Price

127.70 -2.40 (-1.84%)
19-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 1206.00
Dilip Buildcon 416.05
Sobha 1274.40
Oberoi Realty 1859.00
Ahluwalia Contract(I 698.25
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