Arkade Developers Mumbai Unveils Major Redevelopment Projects in Andheri East, Malad West, and Borivali West; Targeting INR 2,150 Crore Revenue
Addressofchoice 10 January 2025In an ambitious move, Arkade Developers Mumbai has revealed plans to redevelop three prime residential projects in Mumbai, set to reshape the city's western suburbs. The three projects will be strategically located in key micro-markets: Andheri East, Malad West, and Borivali West. This redevelopment initiative is poised to generate an impressive INR 2,150 crore in revenue, highlighting the company's commitment to transforming Mumbai's real estate landscape.
Expansion Across 5 Acres in Prime Locations
The redevelopment will span an impressive 20,232 square meters (approximately five acres) across these prime locations in the western suburbs. This expansive development is expected to yield a saleable carpet area of around 5.85 lakh square feet. The project’s scale is set to contribute significantly to the company's turnover, with an anticipated INR 2,150 crore in revenue, underscoring Arkade Developers' strength in large-scale projects.
A Key Driver for Mumbai’s Real Estate Growth
Arkade Developers has firmly positioned redevelopment as a critical growth driver for Mumbai’s real estate sector. With this move, the company aims not only to enhance the city’s skyline but also to contribute to the revitalization of key residential areas. The projects in Andheri East, Malad West, and Borivali West will offer much-needed modern housing solutions, making these locations even more attractive to potential buyers.
A Strong Future Pipeline in MMR
Looking ahead, Arkade Developers remains focused on a robust future pipeline, with more than eight upcoming projects planned for the Mumbai Metropolitan Region (MMR). This continued expansion signals the company's long-term commitment to shaping Mumbai's urban landscape and delivering high-quality residential spaces for its growing population.
Highlights
- Arkade Developers Mumbai reveals redevelopment plans in Andheri East, Malad West, and Borivali West.
- Projects will span 20,232 square meters (approx. five acres) across these locations.
- The redevelopment is expected to generate INR 2,150 crore in revenue.
- Saleable carpet area of approximately 5.85 lakh square feet.
- Arkade Developers views redevelopment as a growth driver for Mumbai’s real estate sector.
- The company has over eight projects lined up in the Mumbai Metropolitan Region (MMR).
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