Shares of Godrej Properties and Arkade Developers rose on June 16, following major updates about their upcoming real estate projects, signalling strong expansion strategies and growth potential in key urban markets. While Godrej Properties announced a premium project in Hoskote, East Bengaluru, Arkade Developers disclosed its entry into Thane’s booming property landscape with a high-value acquisition.

Godrej Properties: Bengaluru Expansion

Shares of Godrej Properties rose 1.6 percent to close at Rs 2,440 after the real estate major announced a 14-acre premium residential project in Hoskote, a prominent suburb in East Bengaluru.

According to the company’s press release, the new project will offer 1.5 million square feet of saleable area and is expected to generate revenue of approximately Rs 1,500 crore. The developer emphasised the strong demand for quality housing in the Hoskote micro-market and noted its proximity to National Highway 75 and improving connectivity.

Gaurav Pandey, MD & CEO, said,

“Hoskote continues to show consistent demand for high-quality residential housing. Our vision is to develop a vibrant community with excellent connectivity and infrastructure support.”

The project’s location — only 5 km from NH-75 — is expected to benefit from ongoing infrastructure upgrades, improved road networks, and the rise of industrial and logistics zones nearby.

Godrej already has a successful presence in the area through Godrej Woodscapes, a high-rise residential complex, and this new venture is seen as a strategic extension of its portfolio in East Bengaluru.

Arkade Developers: Entry into Thane Market

Shares of Arkade Developers surged nearly 5 percent to Rs 201 after the company disclosed a major land acquisition in Thane West, solidifying its entry into one of Mumbai’s most dynamic real estate hubs.

The company has acquired a 6.28-acre freehold land parcel at Kasarvadavali, off Ghodbunder Road, for Rs 172.48 crore. The planned residential-cum-commercial project has a Gross Development Value (GDV) of Rs 2,000 crore with a RERA saleable area of 9.26 lakh sq ft.

Arkade said the project is set for launch in early 2026 and will offer 2, 3, and 4 BHK apartments, in addition to retail and commercial components. The project enjoys panoramic views of Sanjay Gandhi National Park and direct access to Eastern Express Highway and upcoming metro infrastructure.

Amit Jain, CMD of Arkade Developers, stated:

“Thane is fast emerging as a growth engine for Mumbai’s real estate sector. With this acquisition, we’re excited to bring our expertise in central Mumbai to a new, high-potential zone. Our development will combine modern architecture, community living, and luxury.”

The company is also working on other high-profile projects, including the acquisition of a legendary 4-acre land parcel in Goregaon, formerly leased to Filmistan Pvt. Ltd, with an estimated GDV of Rs 3,000 crore. This signals Arkade’s aggressive growth strategy focused on luxury and high-margin real estate.

Real Estate Sector Outlook

The announcements by both Godrej Properties and Arkade Developers reflect the growing investor and developer confidence in India's real estate market, particularly in premium housing segments in Bengaluru and Mumbai.

Rising demand, coupled with strong infrastructure development and urban migration, is expected to drive real estate growth in micro-markets like Hoskote and Kasarvadavali, both of which are strategically located and seeing massive transformation.

The broader BSE Realty Index also reflected this optimism, with multiple realty stocks posting gains throughout the session on June 16.

The Upcoming IPOs in this week and coming weeks are Safe Enterprises Retail Fixtures, Globe Civil Projects, Sambhav Steel Tubes, Ellenbarrie Indutrial Gases, Kalpataru, HDB Financials, AJC Jewel, ArisInfra Solutions, Influx Healthtech, Mayasheel Ventures, Eppeltone Engineers.

The Current active IPO are Oswal Pumps, Patil Automation, Samay Projects Services, Aten Papers, Monolithisch India.

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