Arkade Developers registers Development Agreement for mixed-use redevelopment project at Goregaon West with projected GDV of INR 350 crores

Mumbai 4th February 2026: Arkade Developers Limited, a leading listed real estate entity in Mumbai, has signed the Development Agreement for a premium redevelopment project, Jal Ratan Deep at Bangur Nagar, Goregaon West, with an estimated Gross Development Value of ₹350 crore.

The development will be undertaken on a plot admeasuring approximately 4,640.60 sq. metres and will be designed to include Luxury 2- & 3-bedroom residences, in line with Arkade’s commitment to delivering high quality redevelopment solutions.

Envisioned as a contemporary high-rise development, this project will offer luxurious homes and commercial spaces in Goregaon West, a prominent micro-market in the western suburbs of Mumbai. Catering to high-end users seeking larger homes, it strengthens the area's mixed-use character and boosts Bangur Nagar's commercial ecosystem – enhancing the overall urban experience.

Commenting on the launch, Mr. Amit Jain, CMD, Arkade Developers Limited, said, “This development aligns with our vision of building sustainable, future-ready urban spaces, strengthening our footprint in key western suburbs. We have 4 projects completed and 3 ongoing in Goregaon-Malad micro market. In addition to Jal Ratan Deep, we have another project adjacent to the project lined-up for launch this month with an estimated GDV of ₹230 Crores. The aggregated projected GDV for both the projects is ₹580 Crs. This move reinforces our presence, creates long-term value for residents, and offers thoughtfully planned larger homes to new buyers.”

About Arkade Developers Ltd:

Arkade Developers is a leading luxury real estate developer in Mumbai and is listed on both the exchanges, BSE (544261) and NSE (ARKADE). With a rich legacy spanning over 39 years, the company has established itself as a symbol of quality and excellence.
Under the leadership of Chairman and Managing Director Mr. Amit Jain, Arkade Developers has transformed into one of Mumbai’s most respected real estate firms. The company has completed 31 projects under his vision and created homes for over 5,500 happy families. Guided by the core philosophy of "Family First," Arkade Developers focuses on building family-friendly homes and upholds values such as trust, transparency, commitment, and happiness.

Known for its timely project deliveries, Arkade Developers has made a significant mark in the Mumbai real estate sector, having developed over 5.5 million square feet of property, with an additional 2+ million square feet currently under construction.

The company's commitment to quality is reflected in its meticulous planning, innovative designs, and use of advanced technologies, which ensure that every project is delivered on time and to the highest standards.

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