Arkade Developers to Redevelop Three Housing Projects in Mumbai

07 Jan 2025 CW Team

Arkade Developers is set to redevelop three housing projects in Mumbai, covering a total area of 20,232 square metres (approximately five acres) across Andheri East, Malad West, and Borivali West. These projects are expected to deliver a combined saleable carpet area of approximately 5.85 lakh square feet, generating an estimated turnover of Rs 21.50 billion.

Amit Jain, the chairman and managing director of Arkade Developers, highlighted the company's strong pipeline of over eight upcoming projects across the Mumbai Metropolitan Region (MMR). He also noted that the company anticipates an increase in societies partnering with them, attributing this to their proven track record in timely project delivery.

The redevelopment includes a project in Andheri East with a plot size of 6,811 square meters, offering a projected saleable carpet area of 1.29 lakh square feet and an estimated turnover of Rs 5.27 billion. Another project, located in Malad West, spans 6,337 square metres, providing a saleable carpet area of 2.12 lakh square feet and a turnover potential of Rs 7.58 billion.

The largest of the three projects is a cluster of four societies in Borivali West, covering 7,084 square metres. This project is expected to deliver a saleable carpet area of 2.44 lakh square feet, with a potential turnover of Rs 8.65 billion.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..