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Reading: Arkade Builders Registers Growth Settlement for cluster redevelopment in Borivali west with an estimated GDV of ₹865 Crores
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StockWaves > Business > Arkade Builders Registers Growth Settlement for cluster redevelopment in Borivali west with an estimated GDV of ₹865 Crores
Business

Arkade Builders Registers Growth Settlement for cluster redevelopment in Borivali west with an estimated GDV of ₹865 Crores

StockWaves By StockWaves Last updated: April 9, 2025 4 Min Read
Arkade Builders Registers Growth Settlement for cluster redevelopment in Borivali west with an estimated GDV of ₹865 Crores
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Mumbai, 8th April 2025: Listed entity, Arkade Builders Restricted has secured the cluster redevelopment rights and registered the DA (growth settlement) for Satya Shreepal Nagar A CHS Ltd., Om Shreepal Nagar B & C CHS Ltd., Sheetal Shreepal CHS Ltd. and Sai Shreepal CHS Ltd; in proximity to Mahavir Nagar, the venture spans 7,084 sq. meters and is ready to ship a projected saleable carpet space of roughly 2.44 lakh sq. toes.

The event carries an estimated high line of ₹865 crores, marking a big addition to Arkade’s rising portfolio within the western suburbs.

Located in one in all Mumbai’s well-connected residential zones, the cluster redevelopment venture displays the growing momentum of large-scale, community-focused transformations throughout town.

The venture will likely be designed to mix trendy way of life options with purposeful, sustainable structure—an method Arkade has turn out to be recognized for in its ongoing mission to reinforce city dwelling requirements.

Commenting on this newest milestone, Mr. Amit Jain, Chairman and Managing Director of Arkade Builders Restricted, stated, “At Arkade, it’s our endeavor to not simply redevelop buildings—however rebuild communities.

This venture is a mirrored image of our philosophy to deliver individuals luxurious properties, stronger infrastructure, and vibrant neighborhoods. This micro market has immense potential, and we’re proud to be taking part in a pivotal position in shaping its future.”

The venture reinforces Arkade Builders’ dedication to strategic, high-value redevelopment in Mumbai’s land-constrained setting and additional strengthens its foothold as a trusted participant within the metropolis’s transformation narrative.

Arkade Builders continues to strengthen its presence within the MMR area with a sturdy pipeline of initiatives.

With a concentrate on well timed supply and premium development high quality, the corporate stays on the forefront of Mumbai’s evolving actual property market, contributing considerably to town’s city transformation.

About Arkade Builders Restricted: (NSE: ARKADE | BSE: BOM: 544261)

Arkade Builders, a premier actual property developer and listed entity on BSE and NSE with a wealthy legacy of over 38+ years, is well known for creating opulent residential properties.

For Arkade Builders, establishing high quality properties is pushed by ardour reasonably than only a career. This philosophy has been guided by CMD, Mr. Amit Jain, main Arkade Builders to turn out to be one in all Mumbai’s most esteemed actual property companies. Underneath their management, Arkade Builders has considerably impacted town, persistently showcasing excellence.

Dedicated to the ‘Household First’ precept, Arkade Builders upholds the core values of Belief, Transparency, Dedication, and Happiness. Each property bearing the Arkade identify represents the head of high quality, persistently surpassing buyer expectations.

Disclaimer:- This story has not been edited by SugerMint employees and offered by the company. SugerMint won’t be accountable in any method for the content material of this story.



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