January 28, 2026: Mumbai-based Arkade Developers Ltd has announced plans to launch five new residential projects across the Mumbai Metropolitan Region (MMR) in calendar year 2026, with a combined revenue potential estimated at over Rs 3,700 crore. The developer intends to invest around Rs 2,500 crore in these projects, marking a significant expansion push in one of India’s most active housing markets.
The upcoming launches will be spread across key micro-markets, including Goregaon, Thane, Borivali, Malad and Santacruz—locations that continue to witness steady residential demand due to strong connectivity and established social infrastructure. Arkade said the current market environment remains favourable, supported by easing interest rates and more affordable home loan EMIs, which have improved buyer sentiment across segments. The company believes these factors could aid healthy absorption for new projects in the coming year.
The developer also pointed to steady execution momentum, stating that it is targeting two additional occupation certificates (OCs) in the current quarter. These approvals are expected to support timely project deliveries and further strengthen Arkade’s development pipeline. The company said it remains focused on delivering premium residential products aimed at both end-users and long-term investors, leveraging its deep understanding of the MMR real estate landscape.
One of the notable upcoming projects is a luxury residential development planned on the historic Filmistan Studio land in Goregaon. The site is being redeveloped into a high-end housing project featuring spacious 3- and 4-BHK apartments, which is expected to contribute significantly to the overall revenue potential.
In addition, Arkade has expanded its land bank with a strategic acquisition in Thane, securing a 6.28-acre parcel for Rs 172 crore. This purchase strengthens the company’s presence in another high-growth residential market within the MMR.
Arkade’s planned launches reflect renewed developer confidence in the region’s housing sector following a phase of market normalisation. By aligning its project pipeline with improving buyer sentiment and sustained long-term demand, the developer aims to reinforce its footprint across both established and emerging residential corridors in the MMR.
Source: Prop News Time
