MUMBAI – In a major move for the Mumbai Metropolitan Region (MMR), listed real estate giant Arkade Developers has officially announced its plan to launch five high-profile residential projects in 2026. The expansion, backed by an investment of approximately ₹2,500 crore, is set to bring a fresh wave of luxury and premium housing to the city’s most sought-after neighborhoods.
The upcoming Arkade projects are expected to generate a combined revenue of over ₹3,700 crore, signaling a period of robust growth for the developer and a significant boost to the local housing supply.
Strategically located across key hubs
The developer is focusing its 2026 pipeline on established micro-markets where demand for quality housing remains high. The five new developments will be located in:
- Goregaon & Malad: Two hubs in the western suburbs known for their balance of commercial and residential life.
- Thane: An area rapidly becoming a favorite for those seeking modern townships with excellent connectivity.
- Borivali & Santacruz: Prime locations that offer a mix of legacy charm and high-end urban living.
These projects will cover a massive 4.41 million square feet of developable area, providing much-needed space for families looking to upgrade their lifestyle within the city limits.
The “Crown Jewel”: Filmistan studio redevelopment
The most talked-about highlight of this expansion is the redevelopment of the legendary Filmistan Studio in Goregaon. Founded by the family of Bollywood star Kajol, this iconic piece of cinematic history is being reimagined as a luxury residential landmark.
Estimated at a value of ₹3,000 crore, the project will feature two 50-storey towers housing ultra-premium 3, 4 and 5-BHK apartments. Residents will live where film sets once stood, enjoying panoramic city views and world-class amenities like infinity pools and rooftop clubhouses.
Favorable market drivers
The timing of these launches aligns with an improving economic landscape. Industry experts point to a downward trend in interest rates, which is making home loans more accessible.
“With a healthy project pipeline and a supportive interest rate environment, we are well-positioned to deliver premium developments while creating long-term value,” said Amit Jain, Chairman and Managing Director of Arkade Developers. He further noted that the company is on track to receive multiple Occupation Certificates (OCs) this year, reinforcing their reputation for finishing projects ahead of schedule.
Shaping the future of MMR
As Mumbai’s infrastructure expands with new Metro lines and the Coastal Road, these new residential hubs are designed to offer residents “walk-to-work” possibilities and better connectivity. For homebuyers, the 2026 launches represent a new standard of “Family First” living, focusing on safety, sustainability and community-centric designs.
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Disclaimer – This news article is for informational purposes only and does not constitute financial or investment advice. Always verify RERA registrations and consult with experts before making property purchases.
Source – Hindustan Times
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