+
Arkade Developers Secures 6.5-Acre Project in Dahisar
Real Estate

Arkade Developers Secures 6.5-Acre Project in Dahisar

Arkade Developers has acquired a 6.5-acre land parcel for the cluster redevelopment of Anand Nagar Society in Dahisar East, marking a transformative step for the area’s real estate landscape. Spanning a total plot area of 26,286 square meters, the project is expected to generate an estimated gross development value (GDV) of approximately Rs 1.7 billion. 

Project Scope and Strategic Importance 
The redevelopment will offer a total saleable area of approximately 676,000 square feet, incorporating both residential and commercial spaces to cater to the rising demand for premium developments. Strategically positioned, the project benefits from excellent connectivity, being in proximity to Dahisar Station, Anand Nagar Metro Station, and the Western Express Highway. 

Additional Developments 
In January, Arkade Developers also secured a 4-acre land parcel in Goregaon West, currently leased to Filmistan Pvt. Ltd., with a projected revenue of Rs 20 billion. The company further expanded its redevelopment footprint with three new projects across key micro-markets in Mumbai’s Western Suburbs, namely Andheri East, Malad West, and Borivali West. Collectively, these projects span 20,232 square meters (approximately 5 acres), with a projected saleable carpet area of 5.85 lakh square feet and an anticipated turnover of Rs 21.50 billion.

Arkade Developers has acquired a 6.5-acre land parcel for the cluster redevelopment of Anand Nagar Society in Dahisar East, marking a transformative step for the area’s real estate landscape. Spanning a total plot area of 26,286 square meters, the project is expected to generate an estimated gross development value (GDV) of approximately Rs 1.7 billion. Project Scope and Strategic Importance The redevelopment will offer a total saleable area of approximately 676,000 square feet, incorporating both residential and commercial spaces to cater to the rising demand for premium developments. Strategically positioned, the project benefits from excellent connectivity, being in proximity to Dahisar Station, Anand Nagar Metro Station, and the Western Express Highway. Additional Developments In January, Arkade Developers also secured a 4-acre land parcel in Goregaon West, currently leased to Filmistan Pvt. Ltd., with a projected revenue of Rs 20 billion. The company further expanded its redevelopment footprint with three new projects across key micro-markets in Mumbai’s Western Suburbs, namely Andheri East, Malad West, and Borivali West. Collectively, these projects span 20,232 square meters (approximately 5 acres), with a projected saleable carpet area of 5.85 lakh square feet and an anticipated turnover of Rs 21.50 billion.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code