Arkade Developers Adds Four Redevelopment Projects in Western Mumbai, Targeting ₹5000 Crore Turnover

Arkade Developers Adds Four Redevelopment Projects in Western Mumbai, Targeting ₹5000 Crore Turnover​

Mumbai, August 19, 2026: Arkade Developers Limited, a prominent luxury real estate developer based in Mumbai, has significantly expanded its developmental pipeline by adding four new redevelopment projects across key micro-markets in the western suburbs. These additions aim to strengthen the company’s presence within Western Mumbai.

The newly added cluster of projects spans approximately 45,204 sq. m. (11.17 acres), located across Malad West, Kandivali West, Kandivali East, and Borivali West. Collectively, these developments feature a projected saleable carpet area of approximately 15 lakh sq. ft., translating to an aggregated projected turnover potential of around ₹5000 Crore.

The new projects include specific undertakings in the Ashok Nagar area of Kandivali East and Shankar Lane in Kandivali West. These two specific ventures comprise a plot area totaling 12,611.5 sq. m., offering a projected saleable carpet area of 3.5 lakh sq. ft. with an estimated Gross Development Value (GDV) of ₹1,100 crore.

The projects are detailed as follows:


The largest of these additions is the cluster redevelopment at Yogi Nagar - Plot B in Borivali West. This project spans approximately 24,165 sq. m. and holds a potential turnover of around ₹3,000 crore, offering a projected saleable carpet area of 9 lakh sq. ft.

The addition of these developments boosts Arkade Developers’ construction pipeline. The projects collectively possess an estimated construction area of approximately 51 lakh sq. ft., underscoring the scale of the expanding redevelopment portfolio in Mumbai's residential micro-markets.

Commenting on the industry and development trajectory, Mr. Amit Jain, Chairman and Managing Director of Arkade Developers Limited, noted that while technology and consumer preferences are reshaping the real estate sector, redevelopment remains a crucial element of Mumbai’s growth journey and a core strength of the company brand. He also highlighted the recent milestone achieved at Arkade Eden in Malad West, where the Occupancy Certificate (OC) was received nine months ahead of the committed RERA date.

Arkade Developers Ltd maintains a long-standing legacy as a leading luxury real estate developer in Mumbai, having been established for over 40 years and is listed on both the BSE (544261) and NSE (ARKADE). Guided by its "Family First" philosophy, the company has completed 32 projects, creating homes for more than 5,500 families.

The developer has developed over 5.5 million square feet of property, with an additional 2+ million square feet currently under construction. Arkade Developers focuses on delivering high-quality, family-friendly developments guided by principles of trust and transparency.

ARKADE Stock Price Movement​

As of 1:22 PM, Arkade Developers Limited stock slips by 0.6% in live trading, currently at ₹129.24 after shedding ₹0.78 from its previous close. The equity trades within a daily range spanning between ₹128.6 and ₹132.15, completing the session on a volume of 373,472 shares.