4 Acres land acquired by Arkade Developers in Mumbai
Real estate firm Arkade Developers has acquired 4 acres of land parcel situated in Goregaon West, Mumbai. The land is purchased for Aspen Properties and their joint venture partners, Kamanwala Housing Construction for Rs 165 crore.
As per Arkade the project that they will develop on the land would have an approximate saleable area exceeding 5 lakh sq ft, contributing an estimated revenue of Rs 2,000 crore.
Also Read: Arkade to develop 3 projects in Mumbai, eyes revenue worth Rs 2, 150 crore