Arkade Developers Acquires Redevelopment Rights for Nine Societies in Kandivali for ₹1,100 Crore ($133M)

Deal Summary

Arkade Developers announced the acquisition of redevelopment rights for nine societies in Kandivali, valued at approximately ₹1,100 crore (about $133 million). The transaction, completed as of the latest market update, expands the developer's portfolio in the Mumbai region.