Arkade Acquires ₹350 Cr Redevelopment Project in Bangur Nagar, Goregaon West

Arkade Goregaon West redevelopment project site

Arkade Developers has secured redevelopment rights for a society in Bangur Nagar, Goregaon West. Spanning approximately 1.1 acres, the project offers an estimated RERA saleable area of ~86,000 sq ft with a promising ₹350 Cr revenue potential.

Key Facts

  • Developer: Arkade Developers
  • Project Type: Society redevelopment (residential + commercial mixed-use)
  • Location: Bangur Nagar, Goregaon West, Mumbai
  • Area: ~1.1 acres (RERA saleable area ~86,000 sq ft)
  • Revenue Potential: ₹350 Cr
  • Arkade Track Record: 5th acquisition in Goregaon–Malad micro-market; 4 completed + 3 ongoing projects

Why It Matters

This marks Arkade’s fifth redevelopment project in the thriving Goregaon–Malad micro-market, reinforcing its strategic focus on high-demand urban renewal zones. By combining residential and commercial formats, the project enhances urban vibrancy and caters to evolving lifestyle needs.

Strategic Importance

Positioned in Bangur Nagar, the site benefits from excellent connectivity and mature social infrastructure—advantages that boost its marketability for both homeowners and businesses. With a growing footprint in Goregaon West, this acquisition strengthens Arkade’s brand equity and operational scale in one of Mumbai’s most dynamic real estate corridors.

Disclaimer

All project details are based on publicly available reports and company disclosures. Saleable area, timelines, configurations, and revenue potential may change upon final approvals and formal announcements.

More Updates

Follow Arkade Developers’ latest developments in Mumbai’s Western suburbs: Arkade Projects

Sources: Business Standard, Arkade Developers Press Release (via PDF)

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