Top Realtor Arkade Developers wins New Cluster Redevelopment Project in Mumbai

For Satya Shreepal Nagar A CHS Ltd., Om Shreepal Nagar B & C CHS Ltd., Sheetal Shreepal CHS Ltd., and Sai Shreepal CHS Ltd., Arkade Developers Limited has registered the development agreement (DA) and obtained the cluster redevelopment rights. The project, which is 7,084 square meters in size and is close to Mahavir Nagar, is expected to provide a saleable carpet area of about 2.44 lakh square feet.

With an anticipated top line of Rs. 865 crores, the development represents a substantial addition to Arkade's expanding portfolio in the western suburbs.

The cluster redevelopment project, which is located in one of Mumbai's well-connected residential zones, is a reflection of the city's growing momentum for significant, neighborhood-focused changes. The project will combine ecological, functional architecture with contemporary lifestyle elements—a strategy for which Arkade has gained recognition in its continuous efforts to raise urban living standards.

Arkade's most recent project reflects both strategic growth and a community-focused approach to development that aligns with Mumbai's dynamic evolution, as the MMR continues to witness demand for contemporary housing solutions and urban rejuvenation.

Amit Jain, Chairman and Managing Director of Arkade Developers Limited, said, “At Arkade, it is our endeavour to not just redevelop buildings but rebuild communities. This project is a reflection of our philosophy to bring people luxury homes, stronger infrastructure, and vibrant neighbourhoods. This micro-market has immense potential, and we are proud to be playing a pivotal role in shaping its future.”