Arkade Developers Sets Ambitious Rs 700 Crore Target for Mumbai Redevelopment
Arkade Developers Ltd anticipates generating Rs 700 crore from a redevelopment project in Malad West, Mumbai. The company registered a development agreement for the Shree Rani Sati Nagar Co-operative Housing Society project's cluster redevelopment, covering 6,553 square metres. Arkade has previously completed 31 projects encompassing over 5.5 million square feet.
- Country:
- India
Realty firm Arkade Developers Ltd is poised to reap a revenue of approximately Rs 700 crore through an ambitious redevelopment project in Malad West, Mumbai.
According to a recent regulatory filing, the company has formalized a development agreement for the cluster redevelopment of the Shree Rani Sati Nagar Co-operative Housing Society.
The project, covering a sprawling 6,553 square metres, represents a significant venture in Arkade's portfolio, which boasts completion of 31 projects and more than 5.5 million square feet developed to date.
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