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Arkade Developers Secures Cluster Redevelopment in Borivali

Arkade Developers Secures Cluster Redevelopment in Borivali

BY Realty+
Published - Wednesday, 09 Apr, 2025
Arkade Developers Secures Cluster Redevelopment in Borivali

Arkade Developers Limited has secured the cluster redevelopment rights and registered the DA (development agreement) for Satya Shreepal Nagar A CHS Ltd., Om Shreepal Nagar B & C CHS Ltd., Sheetal Shreepal CHS Ltd., and Sai Shreepal CHS Ltd. Located near Mahavir Nagar, the project spans 7,084 square meters and is set to deliver a projected saleable carpet area of approximately 2.44 lakh square feet.

The development carries an estimated top line of Rs 865 crores, marking a significant addition to Arkade’s growing portfolio in the western suburbs. Situated in one of Mumbai’s well-connected residential zones, the cluster redevelopment project reflects the increasing momentum of large-scale, community-focused transformations across the city. The project will be designed to blend modern lifestyle features with functional, sustainable architecture, an approach Arkade has become known for in its ongoing mission to enhance urban living standards.

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.”

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