Mumbai-based Arkade Developers Limited has registered the Development Agreement for the cluster redevelopment of Shree Rani Sati Nagar Co-operative Housing Society Limited, located at SV Road, Malad West. The project spans a total plot area of approximately 6,553 square metres and is proposed as a large-scale cluster redevelopment with an estimated Gross Development Value of around INR 700 crore.

Strategically located along SV Road, the project enjoys excellent connectivity to key business districts, social infrastructure, and transport corridors in Mumbai’s western suburbs. Under this development, Arkade Developers will deliver a modern residential development aligned with contemporary urban living standards, while ensuring enhanced lifestyle amenities and upgraded infrastructure for existing members of the society. The project further strengthens Arkade’s footprint in the western suburbs, a key focus market for the company.

Commenting on the development, Amit Jain, Chairman & Managing Director, Arkade Developers Limited, said “Cluster redevelopment remains a core growth driver for Arkade Developers, and this project at Malad West reinforces our commitment to transforming aging housing stock into future-ready residential communities. Shree Rani Sati Nagar’s strategic location and scale make it a landmark opportunity, and we are confident of creating long-term value for residents, stakeholders, and homebuyers.”

This comes after the recent DA registered by the company for a redevelopment project in Goregaon west spanning 4640. 60 sq mts with a projected GDV of INR 350 crores. With this addition, Arkade Developers continues to build a robust pipeline of redevelopment projects across Western Mumbai and strengthen its presence in the Goregoan- Malad Micro market, leveraging its execution capabilities, design led approach and deep understanding of redevelopment dynamics.