Mumbai-based Arkade Developers is preparing to roll out a premium residential project on the historic Filmistan Studio plot in Goregaon, Mumbai, land once associated with Bollywood legend Kajol’s grandfather, Sasadhar Mukherjee. The project will feature luxury 3- and 4-BHK homes and is expected to debut in the next financial year.

The development potential of the project is pegged at around Rs 3,000 crore. In total, the company is lining up seven launches worth approximately Rs 8,000 crore over the coming months, according to Amit Jain, chairman and managing director of Arkade Developers Ltd.

“We currently have six ongoing projects with a potential value of Rs 2,000 crore, averaging Rs 350 crore per project. However, in the upcoming cycle, we have the potential for Rs 8,000 crore or more

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