India, July 3 -- Arkade Developers Limited, a BSE and NSE-listed real estate firm, has announced the acquisition of Filmistan Pvt Ltd in a deal valued at approximately Rs 183 crore. The strategic buyout paves the way for Arkade to develop the landmark 4-acre Filmistan Studios plot located on SV Road in Goregaon West, Mumbai.
The upcoming project, slated for a tentative launch in calendar year 2026, will be an uber-luxury residential development comprising two striking 50-storey towers. It will offer a curated mix of spacious 3, 4, and 5 BHK apartments as well as exclusive penthouses, with a projected Gross Development Value (GDV) of ?3,000 crore. The development aims to redefine premium living in Western Mumbai.
Goregaon West has emerged ...