Arkade: Rs 1100 Cr Revenue from Mumbai Redevelopment

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May 27, 2026 13:20

Arkade Developers projects Rs 1,100 cr revenue from cluster redevelopment of nine housing societies in Mumbai. 3,25,000 sq ft saleable area.

Arkade: Rs 1100 Cr Revenue from Mumbai Redevelopment

New Delhi, May 27 (PTI) Realty firm Arkade Developers expects Rs 1,100-crore revenue from cluster redevelopment of nine housing societies in Mumbai.

In a regulatory filing on Wednesday, the company said it has acquired the cluster redevelopment rights of nine societies with a saleable area of 3,25,000 sq ft.

The cluster redevelopment is spread across 3 acres with a projected revenue of Rs 1,100 crore.

Mumbai-based Arkade Developers has developed over 5.5 million square feet of property, with an additional 2+ million square feet currently under construction.

Source: PTI By Rediff Money Desk, New Delhi

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