Arkade Developers to Acquire Woollen and Textile Industries for ₹148 Crore

Mr. Amit Jain, CMD of Arkade Developers, stated that this acquisition aligns with Arkade Developers' vision of creating value-driven developments at strategic locations. He added that the company looks forward to unlocking the potential of this land parcel and contributing meaningfully to urban transformation, leveraging their legacy of trust, timely delivery, and quality construction.

Arkade Developers is expanding its presence across MMR's central corridor with projects like Arkade Earth in Kanjurmarg (4 acres), Arkade Nest in Mulund (2 acres), and Arkade Rare in Bhandup (3 acres). The company recently announced its entry into the Thane market with a 6.28-acre land acquisition. Arkade Developers remains committed to its 'Family-First' philosophy, focusing on creating future-ready communities.

Arkade Developers is a luxury real estate developer in Mumbai, listed on both BSE (544261) and NSE (ARKADE). With a legacy of over 39 years, the company has completed 31 projects under the leadership of Chairman and Managing Director Mr. Amit Jain, creating homes for over 5,500 families. The company focuses on building family-friendly homes and upholds values such as trust, transparency, commitment, and happiness.

Known for timely project deliveries, Arkade Developers has developed over 5.5 million square feet of property, with an additional 2+ million square feet currently under construction. The company emphasizes meticulous planning, innovative designs, and the use of advanced technologies to ensure timely project delivery and high standards.