According to a report by The HT Real Estate News, listed real estate developer Arkade Developers announced that it has secured a cluster redevelopment project with a gross development value of ₹1700 crore in Dahisar, a micro market on the northern tip of Mumbai city.
The company has acquired a 6.5-acre land parcel in Mumbai’s Dahisar East area for the cluster redevelopment of Anand Nagar Society. The total saleable area is approximately 6.76 lakh sq ft.
“This marks a significant milestone for Arkade Developers as it continues to expand its footprint in the Mumbai metropolitan region, further strengthening its position in the real estate sector. Dahisar is a fast-growing micro-market, and the project is strategically located near Dahisar Station, Anand Nagar Metro Station, and Western Express Highway,” the company said in a statement.
