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Arkade Developer secures major cluster redevelopment project in Mumbai

Tuesday, 08 Apr 2025
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Arkade Developers has officially secured cluster redevelopment rights in Mumbai. It 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, located near Mahavir Nagar.

The project spans 7,084 sq. mtrs. and is expected to generate a projected saleable carpet area of approx. 2.44 lakh sq. ft., with an estimated top line of Rs 865 crore. Strategically situated in one of Mumbai’s most well-connected residential zones, the redevelopment project signifies the rising trend of large-scale, community-oriented urban transformation across the city.

Arkade’s redevelopment initiative focuses on merging modern lifestyle features with sustainable, functional design, reinforcing the developer’s reputation for enhancing urban living experiences. Arkade’s vision for the project aligns with its ongoing commitment to high-value redevelopment in Mumbai’s space-constrained landscape.

The initiative is expected to further strengthen the developer’s presence and credibility in the Mumbai Metropolitan Region (MMR), where the company has already established a robust pipeline of projects. This cluster redevelopment adds another milestone to the company's mission of reshaping the city through thoughtful design, community integration, and future-ready infrastructure.

As the MMR continues to see demand for modern housing solutions and urban renewal, Arkade’s latest project represents both strategic growth and a community-focused approach to development that resonates with Mumbai’s dynamic transformation.

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