Developers Arkade has launched six Redevelopment Projects and one new development in Mumbai suburbs, with plans to invest around Rs 500 crore. The projects, spanning 1.20 million sq. ft, have a revenue potential of Rs 1,250 crore. Arcade Developers is also in discussions to purchase land in Bhandup. Mumbai-based real estate firm Arcade Developers has announced the launch of seven new residential projects across the Mumbai Metropolitan Region (MMR), with a total investment of ₹500 crore. These launches reaffirm Arkade’s stronghold in Mumbai’s fast-paced housing market and reflect growing developer confidence in suburban and micro-market demand.
Project Locations and Strategic Expansion
The new developments are planned across prime and emerging localities, including Goregaon, Borivali, Malady, Andheri, and Virar, among others. This multi-location approach aligns with the broader trend of decentralised housing growth in the city. With infrastructure enhancements like the Mumbai Metro Phase 2A and 7 lines, these locations are witnessing rising interest from both homebuyers and investors (Mumbai Metro). Each of these projects is uniquely tailored to meet the growing demands of Mumbai’s fast-paced urban lifestyle. Arkade’s new developments emphasize sustainability, efficient design, and access to essential infrastructure like metro rail stations, highways, hospitals, and schools.
The projects are expected to bring over 1,000 new housing units to market, ranging from 1BHK affordable apartments to spacious 3BHK premium homes, with features such as rooftop gardens, EV charging points, gyms, co-working spaces, and children’s play areas. This aligns with Arkade’s vision of integrating comfort with future-ready urban living. The projects also adhere to the principles of green construction and IGBC certification, underlining the company’s environmental responsibility.
In a major move reinforcing its commitment to Mumbai’s evolving urban landscape, Arkade Developers has announced the launch of seven new real estate projects worth ₹500 crore across various prime and emerging locations in the city. This ambitious undertaking marks a significant milestone for the developer, known for its strong presence in the Mumbai Metropolitan Region (MMR) and its focus on quality, timely delivery, and community-centric developments. The new projects are spread across key residential zones, including Malady, Mira Road, Borivali, Dahisar, and Virar, aiming to cater to both mid-income and premium homebuyers looking for modern amenities and strategic connectivity.
Project Configuration and Amenities
All seven projects are reportedly in advanced stages of RERA registration, with construction expected to begin within Q4 FY2025. Arkade is targeting possession timelines between 2027–2028, depending on project scale and approvals. The company is leveraging its in-house engineering and project management expertise to ensure timely delivery. The ₹500 crore investment includes a combination of internal accruals, bank financing, and joint development agreements with landowners. Arkade has maintained a low-debt business model, making it one of the more financially stable players in the MMR region. The company is also in discussions with select institutional investors to co-develop two of the larger projects under joint venture models. (Real Estate)
Market Outlook and Buyer Sentiment
According to industry experts, the MMR market is currently witnessing a surge in demand for quality mid-segment and premium homes, aided by stable interest rates and job market confidence. Arcade’s new launches are well-positioned to benefit from this momentum. The company also plans to launch targeted digital campaigns and site experiences to reach millennial buyers. Arcade Developers has been active in Mumbai’s real estate sector for over three decades and aims to deliver over 2,500 units across its upcoming portfolio. The company’s long-term vision includes entering the affordable luxury segment and expanding into Thane and Navi Mumbai markets by 2026.
q1. What has Arkade Developers recently announced in Mumbai?
Arkade Developers has launched seven new real estate projects across Mumbai, with a total investment of ₹500 crore.
q2. Which locations are covered in these new Arkade projects?
The projects are located in Malady, Mira Road, Borivali, Dahisar, and Virar—key residential and growth corridors in Mumbai.
q3. What types of homes are being offered in these projects?
The developments include a mix of 1BHK, 2BHK, and 3BHK apartments, catering to both affordable and premium segments.
q4. What amenities can homebuyers expect in these new projects?
Buyers can expect modern amenities such as rooftop gardens, EV charging points, gyms, children’s play areas, and co-working spaces.
q5. How do these projects align with Mumbai’s infrastructure growth?
The projects are strategically located near metro stations, highways, and key infrastructure zones, aligning with the city’s rapid urban expansion.
