Arkade Developers, a prominent name in Mumbai‘s real estate sector, has unveiled its latest luxury project, Arkade Evoke, in Goregaon West. The development, which targets the luxury homebuyer market, boasts a Gross Development Value (GDV) of ₹230 crore, marking Arkade’s eighth residential project in the Goregaon-Malad corridor.
The strategically located Arkade Evoke spans 1.09 acres and benefits from excellent connectivity, including its proximity to the Arkade Bangur Nagar metro station. This location is a significant driver of residential demand in Mumbai’s western suburbs, enhancing the project’s appeal.
Arkade Evoke offers premium 2 and 3 BHK apartments, designed to cater to discerning urban homebuyers. The project emphasises lifestyle-led housing with features such as balconies and private outdoor spaces, particularly in the 3 BHK configurations. It also includes surface parking and is designed to allow for cross ventilation, addressing the growing demand for enhanced liveability and openness in Mumbai’s luxury housing market.
Mr. Amit Jain, Chairman and Managing Director of Arkade Developers, commented on the launch, stating, “The response has been overwhelming, even in these challenging market conditions. Customers have clearly understood the brand and product value, marking the launch of Arkade Evoke as a grand success in this micro-market. This project further reflects our strategy of strengthening our presence in well-established residential micro-markets, where connectivity, infrastructure, and sustained end-user demand converge. Our focus remains on delivering thoughtfully designed homes that align with evolving urban lifestyles.”
Arkade Developers, known for its commitment to quality and timely project deliveries, has a rich legacy of 39 years in the real estate industry. The company has completed 31 projects and developed over 5.5 million square feet of property, with more than 2 million square feet currently under construction. Arkade Developers is listed on both the BSE and NSE, reinforcing its standing as a trusted real estate brand in Mumbai.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).