Arkade Developers, a premier real estate developer with a rich legacy of over 38 years, has made a significant stride in the Mumbai real estate market by securing a redevelopment project of 6.5 acres in Dahisar East. The gross development value (GDV) of the project is estimated to be around ₹1700 crore, which marks a major milestone for the company as it continues to strengthen its position in the Mumbai Metropolitan Region (MMR) real estate sector.

A Strategic Redevelopment in Dahisar

The redevelopment project in Dahisar East is set to feature 676,000 square feet of saleable area, comprising both residential and commercial spaces. The location is strategically positioned with close proximity to Dahisar Station, Anand Nagar Metro Station, and the Western Express Highway, making it an attractive destination for potential buyers and investors. The project is set to meet the rising demand for high-quality developments in the region, making it a key contributor to Arkade Developers’ ongoing expansion plans.

This acquisition is part of Arkade Developers’ 2025 strategy, which also includes securing five new projects, four of which are redevelopment projects located in prime MMR regions. The company’s commitment to providing timely delivery and high-quality real estate solutions is reflected in their successful track record of receiving four Occupation Certificates (OCs) ahead of the RERA schedule for their premium projects.

Arkade Developers’ Expansion in Mumbai

In addition to the Dahisar project, Arkade Developers has also made substantial acquisitions in Goregaon West and other key locations in Mumbai. The company acquired a 4-acre land parcel in Goregaon West, which is projected to generate a revenue of ₹2000 crore. Furthermore, they have added three new redevelopment projects across Andheri East, Malad West, and Borivali West, covering an area of approximately 5 acres with a projected saleable area of 5.85 lakh square feet, generating an estimated turnover of ₹2150 crore.

Focus on Timely Delivery

Arkade Developers is widely recognized for its commitment to timely delivery. In FY2024-25, the company achieved a significant milestone by receiving four OCs ahead of the RERA schedule for its premium projects including Arkade Crown, Arkade Aspire, Arkade Aura, and Arkade Prime. With over 450 happy families already settled in the Arkade Aspire and Arkade Crown projects, and ongoing deliveries to approximately 200+ families, the company remains focused on delivering quality homes to its customers in a timely manner.

Arkade Developers’ ‘Family First’ philosophy and its emphasis on Trust, Transparency, and Commitment have earned the company a strong reputation in the Mumbai real estate market. As the company continues its expansion with a robust pipeline of 16 projects (6 ongoing and 10 upcoming), Arkade is poised for significant business growth in the years ahead.

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