Arkade Developers acquires land in Bhandup through the acquisition of the firm
Mumbai-based real estate firm Arkade Developers has signed an agreement to acquire a 100% shareholding in Woollen and Textile Industries. The deal, valued at Rs 146 crore, includes a 14,363.60 sq metre land parcel in Bhandup West, Mumbai.
Arkade is looking to develop a residential project on the land with an estimated gross development value (GDV) of Rs 1,800 crore.
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