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Shrikant Pandey

19th Aug · SEBI-Registered Analyst

ARKADE DEVELOPERS ADDS 4 REDEVELOPMENT PROJECTS; EYES ~₹5,000 CR TURNOVER

ARKADE DEVELOPERS ADDS 4 REDEVELOPMENT PROJECTS; EYES ~₹5,000 CR TURNOVER

ARKADE
Added 4 cluster redevelopment projects across Malad West, Kandivali East, Kandivali West & Borivali West. Combined projects have ~₹5,000 Cr potential turnover. Aggregate projected saleable carpet area of ~15 lakh sq ft. Borivali West – Yogi Nagar project is the largest, with ~₹3,000 Cr potential turnover and ~9 lakh sq ft saleable area. Kandivali projects have estimated GDV of ₹1,100 Cr, while Malad West project has ~₹900 Cr turnover potential. Impact: Positive — significantly expands redevelopment pipeline and strengthens future revenue visibility.

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