Arkade Developers Bags Goregaon Project With ₹3.5 Billion Revenue Potential

Image Source : Moneycontrol

Arkade Developers Ltd has acquired a 1.1-acre redevelopment project in Goregaon, Mumbai, with an estimated topline potential of ₹3.5 billion. The move reinforces the company's focus on high-value urban redevelopment in Mumbai’s thriving real estate market.

Project Acquisition Details

* The newly acquired project spans 1.1 acres and is located in the prime suburb of Goregaon, Mumbai

* It is a redevelopment-based acquisition, signaling Arkade’s continued commitment to urban renewal and land optimization

* The project is expected to unlock significant value due to the location’s residential demand and connectivity

Revenue Potential And Financial Outlook

* The Goregaon project carries a total revenue potential of ₹3.5 billion (₹350 crore) based on current market estimates

* Revenue realization will occur over the next few years as the project enters the construction and sales phase

* The deal is aligned with Arkade’s strategy to selectively pursue projects with strong return profiles in high-demand areas

Strategic Fit And Growth Vision

* Arkade Developers is focusing on asset-light, high-margin redevelopment opportunities in key Mumbai neighborhoods

* The Goregaon project will add to the company’s growing portfolio of mid-to-premium residential developments

* The acquisition comes amid rising demand for quality housing in suburban Mumbai, driven by infrastructure upgrades and urban migration

About Arkade Developers

Arkade Developers Ltd is a Mumbai-based real estate company with a strong track record in residential and redevelopment projects. The firm emphasizes timely delivery, transparent dealings, and value creation through strategic land acquisitions.

Sources: BSE Filings, Business Standard, Moneycontrol, The Economic Times, Realty+