Arkade Developers acquires new redevelopment project in Goregaon West with Rs 350 crore revenue potential
Arkade Developers Limited has acquired redevelopment rights for a key residential society in Bangur Nagar, Goregaon West, Mumbai. The 1.1-acre site offers a RERA saleable area of approximately 86,000 sq. ft. and an estimated revenue potential of ₹350 crore.
The project will feature a mix of residential and commercial spaces, reinforcing Arkade's presence in the fast-growing Goregaon-Malad micro-market. This marks the company's fifth acquisition in this belt, where it already has four completed and three ongoing projects.
Designed to offer a blend of 2 and 3 BHK thoughtfully planned homes, the new development is strategically located with excellent road, rail, and metro connectivity, along with access to robust social infrastructure.
Amit Jain, Chairman and Managing Director, Arkade Developers Limited, commented, 'Our foray into yet another society redevelopment project in Goregaon reaffirms Arkade's strong and growing footprint in this vital Mumbai suburb. We understand Goregaon's unique pulse and potential, having successfully delivered transformative projects in the area in the past. This latest acquisition aligns with our vision to create vibrant, future-ready spaces that add enduring value for homeowners, commercial users and the wider community.'
This acquisition aligns with Arkade's continued focus on high-potential redevelopment opportunities in Mumbai's Western suburbs. The company aims to deliver modern living spaces that reflect its commitment to quality, design, and sustainable urban living.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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