Arkade Developers has successfully secured cluster redevelopment rights in Mumbai and has registered the development agreement (DA) for Satya Shreepal Nagar A CHS, Om Shreepal Nagar B & C CHS, Sheetal Shreepal CHS, and Sai Shreepal CHS, all located near Mahavir Nagar.
The project spans 7,084 sq. mtrs. and is set to deliver a projected saleable carpet area of approximately 2.44 lakh sq. ft., with an estimated top-line revenue of Rs 865 crore. Strategically positioned in one of Mumbai’s most well-connected residential neighborhoods, this redevelopment project reflects the growing trend of large-scale, community-driven urban transformation across the city.
Arkade’s vision for this redevelopment is to blend modern lifestyle features with sustainable, functional design, reinforcing its reputation for enhancing urban living experiences. This initiative aligns with Arkade’s ongoing commitment to delivering high-value redevelopment projects in Mumbai’s space-constrained landscape.
This new venture will further solidify Arkade’s presence and credibility in the Mumbai Metropolitan Region (MMR), where the company already boasts a strong pipeline of projects. With this cluster redevelopment, Arkade is taking another step towards reshaping the city through thoughtful design, community integration, and future-ready infrastructure.
As the MMR continues to experience rising demand for modern housing solutions and urban renewal, Arkade’s latest project exemplifies its strategic growth and community-centric approach, contributing to Mumbai’s dynamic transformation.
News by Rahul Yelligetti.