Mumbai, Sept. 3 -- The proposed acquisition includes a land parcel admeasuring 14,363.60 square meters. located in Bhandup (West). The total consideration for the deal is Rs 148 crore.

Amit Jain, CMD of Arkade Developers, said: "This proposed acquisition underlines Arkade Developers' vision of creating value-driven developments at strategic locations. With our legacy of trust, timely delivery, and quality construction, we look forward to unlocking the potential of this land parcel and contributing meaningfully to urban transformation."

Arkade Developers is a luxury real estate developer in Mumbai. The company is engaged in the development of new projects (development / construction of residential premises on land acquired by the company...