Arkade to Launch 5 MMR Projects, Rs 3,700 Cr Potential

Arkade Developers Limited has outlined an ambitious growth roadmap for 2026, announcing plans to launch five residential projects throughout the Mumbai Metropolitan Region (MMR) that have an overall revenue potential of more than Rs 3,700 crores.

The company will spend almost Rs 2,500 crores on these developments and continue its strategic focus on micro-markets in which there is a high demand.

Key Highlights

• Five MMR launches with Rs 3,700 crore revenue potential.
• Rs 2,500 crore investment across key Mumbai locations.
• Rs 3,000 crore luxury project on Filmistan Studio land.

The upcoming launches will be located in Goregaon, Thane, Borivali, Malad, and Santa Cruz, and have an estimated Gross Development Value (GDV) of more than Rs 3,700 crores for the calendar year.

The developer stated that conditions for the real estate sector are still positive, with a continued trend of decreasing interest rates leading to lower home loan EMI payments. As a result, buyer sentiment has been steadily improving, leading to an increase in the demand for premium homes.

Also Read: Arkade Developers Bags Rs 350 Cr Mumbai Redevelopment Project

According to Chairman and Managing Director Amit Jain, the company's strong pipelines, along with the macroeconomic factors that support continued growth, have positioned it to provide sustainable value. Arkade is also looking to complete two additional Occupation Certificates this quarter, emphasizing its desire to complete its projects on time.

One of the significant projects planned is a luxury 3 & 4-BHK residential project on the land of the iconic Filmistan Studio in Goregaon, which was built by the grandfather of actress Kajol, with an estimated development potential of Rs 3,000 crores.