Arkade Developers Unveils Bold Redevelopment Plan for 6.5 Acres in Dahisar East, Mumbai

In a significant strategic move, Arkade Developers has acquired a 6.5-acre land parcel in Dahisar East, Mumbai. This acquisition marks the beginning of a major redevelopment project for the Anand Nagar Society, setting the stage for transformative urban renewal in one of Mumbai's fast-growing regions.

Project Specifications
The redevelopment project covers an expansive area of 26,286 sq meters and is projected to generate a gross development value (GDV) of approximately INR 1,700 crore. The master plan includes a mixed-use development, featuring about 676,000 sq ft of saleable area that will house both premium residential units and modern commercial spaces.

Developer Insights
Amit Jain, Chairman and Managing Director of Arkade Developers, stated, "The real estate sector is experiencing positive momentum, fueled by the 2025 Union Budget’s focus on housing and rental market growth. This favorable environment has driven us to secure five new projects this year, strategically located across prime areas in the Mumbai Metropolitan Region." His remarks underscore the company's confidence and proactive approach in capitalizing on current market trends.

Expansion Beyond Dahisar East
In addition to the Dahisar East project, Arkade Developers has broadened its redevelopment footprint. In January 2025, the company acquired a four-acre land parcel in Goregaon West, currently leased to Filmistan, with an anticipated revenue of INR 2,000 crore. Furthermore, three new redevelopment projects have been initiated in Andheri East, Malad West, and Borivali West, covering 20,232 sq meters (approximately five acres). These projects are expected to deliver a saleable carpet area of around 5.85 lakh sq ft, generating a projected turnover of INR 2,150 crore.

Strategic Market Positioning
With a robust pipeline of 16 projects in the Mumbai Metropolitan Region—six ongoing and 10 upcoming—Arkade Developers is well-positioned to lead the urban redevelopment wave. This strategic expansion not only solidifies their market presence but also aligns with the city’s growing demand for modern living spaces and innovative commercial hubs.

Economic and Community Impact
The redevelopment of these prime areas is expected to drive significant economic growth in the region. The projects will not only enhance urban infrastructure and create job opportunities but will also improve the overall quality of life by integrating modern amenities and green spaces. Arkade Developers is committed to engaging local communities and stakeholders, ensuring that redevelopment efforts contribute positively to the socio-economic fabric of the area.

Future Outlook
Looking ahead, the Dahisar East project is poised to set a benchmark for future urban redevelopment initiatives in Mumbai. Industry experts believe that such large-scale projects will attract further investments and spur infrastructural developments across the city. Arkade Developers’ comprehensive approach—combining commercial innovation with residential excellence—serves as a blueprint for sustainable urban transformation.

Bullet Highlights

• Strategic Acquisition: Arkade Developers secures 6.5 acres in Dahisar East, Mumbai for a major redevelopment project.
• Expansive Development: The project spans 26,286 sq meters with a projected GDV of approximately INR 1,700 crore.
• Mixed-Use Vision: Plans include 676,000 sq ft of saleable area featuring both residential and commercial spaces.
• Wider Portfolio: Additional acquisitions include a four-acre parcel in Goregaon West and three redevelopment projects in Andheri East, Malad West, and Borivali West.
• Robust Pipeline: The company has 16 projects lined up in the Mumbai Metropolitan Region, with six currently underway and 10 upcoming.
• Economic Growth: The initiatives are expected to boost local infrastructure, create job opportunities, and attract significant investments.
• Community Engagement: Arkade Developers emphasizes sustainable development and active community involvement.

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