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Reading: Arkade Builders Provides 3 New Redevelopment Initiatives 
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StockWaves > Financial News > Arkade Builders Provides 3 New Redevelopment Initiatives 
Financial News

Arkade Builders Provides 3 New Redevelopment Initiatives 

StockWaves By StockWaves Last updated: January 7, 2025 4 Min Read
Arkade Builders Provides 3 New Redevelopment Initiatives 
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January 7, 2025January 7, 2025



Arkade Builders Ltd introduced on 7 January that that they had acquired three new redevelopment tasks in Mumbai.

The corporate has undertaken three redevelopment tasks in Mumbai’s Western Suburbs, encompassing a complete of 20,232 sq. meters (roughly 5 acres). These tasks collectively supply a saleable carpet space of roughly 5.85 lakh sq. ft, with an estimated turnover of Rs 2,150 crore.

The person tasks embrace one in Andheri East, close to the Western Specific Freeway, with a plot measurement of 6,811 sq. meters, a saleable carpet space of 1.29 lakh sq. ft, and a turnover potential of Rs 527 crore.

One other undertaking is situated in Malad West, spanning 6,337 sq. meters, with a saleable carpet space of two.12 lakh sq. ft and an estimated turnover of Rs 758 crore.

The third and largest redevelopment undertaking is a cluster of 4 societies situated in Borivali West. Overlaying an space of seven,084 sq. meters, this undertaking is predicted to ship a saleable carpet space of two.44 lakh sq. ft, with an estimated turnover of Rs 865 crore.

Amit Jain, chairman and managing director of Arkade Builders, mentioned, “Now we have a strong pipeline of over 8 upcoming tasks throughout MMR. We anticipate to witness an extra uptick in societies partnering with us, owing to our exemplary supply monitor document. Preserving the Household First philosophy in thoughts, we concentrate on getting our residents and consumers possession on time.”

Arkade Builders is a outstanding Indian actual property firm specializing in residential and business tasks. Famend for its dedication to high quality, the corporate has established a powerful status in Mumbai’s actual property market.

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