Arkade developers acquires Filmistan studios for Rs. 183 crores, plans Rs.3,000 crores luxury project in Goregaon

On July 3, Mumbai-based listed real estate firm Arkade Developers Limited announced that it has signed a binding agreement to acquire 100% stake in Filmistan Pvt Ltd for Rs. 183 crore. The developer intends to launch a luxury apartment project on the site, with a projected gross development value of Rs. 3,000 crores. The company…

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