Arkade Developers Limited — Updates, 08-04-2025: Press Release

Arkade Developers Limited has secured a development agreement for cluster redevelopment in Borivali West, with an estimated gross development value (GDV) of ₹865 Cr. The project spans 7,084 square meters and is expected to deliver around 2.44 lakh square feet of saleable carpet area. This strategic initiative not only enhances Arkade’s portfolio but also reflects the ongoing trend of large-scale, community-centric transformations in Mumbai’s residential landscape.

Chairman and Managing Director, Amit Jain, emphasized the company's commitment to rebuilding communities through luxury homes and improved infrastructure. The project demonstrates Arkade’s focus on quality construction and timely project delivery, maintaining its strong presence in Mumbai’s evolving real estate market. With a solid pipeline of projects, Arkade is poised to contribute significantly to the city's urban transformation while creating value for investors.