Arkade Developers has announced plans to develop a new real estate project with a Gross Development Value (GDV) of Rs 7 billion. The initiative is part of the company’s expansion strategy in the Mumbai Metropolitan Region, reinforcing its focus on residential redevelopment and premium housing.
Arkade Developers Limited has confirmed its latest project with a projected Gross Development Value (GDV) of Rs 7 billion. The development, registered under a new agreement, will be located in Mumbai’s western suburbs, continuing the company’s strong presence in the region.
The project is expected to be a large-scale residential redevelopment, offering modern housing solutions while revitalizing existing urban spaces. Arkade Developers has consistently focused on cluster redevelopment projects, aligning with Mumbai’s growing demand for premium housing and sustainable urban infrastructure.
Key highlights from the announcement include
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Arkade Developers to develop a project with Rs 7 billion GDV
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Located in Mumbai’s western suburbs under a redevelopment model
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Focus on premium residential housing and sustainable infrastructure
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Part of the company’s expansion strategy in the Mumbai Metropolitan Region
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Reinforces Arkade’s position as a leading real estate developer in cluster redevelopment
Industry experts note that Arkade Developers’ emphasis on redevelopment projects reflects the broader trend in Mumbai’s real estate market, where demand for modern housing and efficient land use is driving investment. The Rs 7 billion project is expected to attract strong buyer interest and contribute to the company’s growth trajectory.
Sources: Business Upturn, Housing News, Arkade Developers Press Release