Arkade Developers Projects Significant Revenue from Mumbai Redevelopment

Arkade Developers anticipates generating Rs 1,100 crore from redeveloping nine housing societies in Mumbai. The project covers three acres and will provide 3,25,000 sq ft of saleable area. Arkade has a notable history in property development, having completed over 5.5 million square feet.

Arkade Developers is poised to earn substantial revenue from the redevelopment of nine housing societies in Mumbai, projecting a total of Rs 1,100 crore. This ambitious project, as detailed in a recent regulatory filing, involves a saleable area of 3,25,000 square feet spread over three acres.

Over the years, the Mumbai-based firm has established itself as a leading player in the real estate sector, having developed more than 5.5 million square feet of property. With over 2 million square feet currently under construction, Arkade Developers continues to expand its footprint in India's bustling property market.