Arkade Group buys 1030 million plot from Bajaj group firm in Mumbai

10 Feb 2023 CW Team

For slightly more than 1,030 million, the city-based builder Arkade Group, which focuses on rehabilitation, purchased a land from Hercules Hoists, a subsidiary of the Bajaj Group. On the 8,300 square metre land in Mulund (West), a suburb in eastern Mumbai, Arkade will construct a residential complex with the potential to grow to 0.5 million square feet and include 2 and 3 BHKs. According to Amit Jain, managing director of the family-owned Arkade firm, the project has a top-line potential of $600 million.

He stated that this acquisition is in addition to the 2 million square feet of ongoing construction that is taking place throughout the city's western suburbs.

In the second and third quarters of 2023, the corporation will also begin work on two further projects, with a total top-line of $8 billion. Both initiatives, an open plot development in Mulund and a society redevelopment in Vile Parle East, are anticipated to be finished by December 2026.

The 1986 establishment of the Mumbai-based real estate company, which specialises in open space redevelopment projects, saw the beginning of projects from Virar to Carmichael Road.

The company, which is debt-free and aiming for a $6 billion IPO in 2024, has so far created projects totalling 4 million square feet, with another 2 million square feet still under construction. Greenfield projects make up 3.6 million square feet of them, while redevelopment projects make up the remaining space.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..