Arkade Developers Projects Significant Revenue from Mumbai Redevelopment

Arkade Developers is poised to earn substantial revenue from the redevelopment of nine housing societies in Mumbai, projecting a total of Rs 1,100 crore. This ambitious project, as detailed in a recent regulatory filing, involves a saleable area of 3,25,000 square feet spread over three acres.

Over the years, the Mumbai-based firm has established itself as a leading player in the real estate sector, having developed more than 5.5 million square feet of property. With over 2 million square feet currently under construction, Arkade Developers continues to expand its footprint in India's bustling property market.

(With inputs from agencies.)