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Mumbai 04 Jul 2025 Ankita Jha

Arkade to Develop Luxury Apartments on Goregaon's Filmistan Studio Land with ₹3,000 Crore GDV

Mumbai’s skyline never stays still, and now it’s the turn of Filmistan Studio in Goregaon West to evolve.

Arkade Developers has acquired this iconic 4-acre land parcel, planning to transform it into an ultra-luxury residential project. With a projected Gross Development Value (GDV) of ₹3,000 crore, it’s set to become one of the western suburbs’ most prestigious residential addresses. If you're tracking premium developments, this is one to watch.

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From Bollywood Magic to Bespoke Living

Filmistan Studio, established in 1943, is legendary for classic films like Anarkali and Paying Guest. Arkade’s plan: two 50-storey towers offering 3, 4, and 5 BHK homes, plus stunning penthouses. This isn’t just redevelopment—it’s the cultural shift from cinematic heritage to modern luxury, a trend we’ve seen with projects like the RK Studios redevelopment in Chembur.

What We Know About the Project So Far

  • Location: Goregaon West, Mumbai
  • Land Area: 4 acres (~160,000 sq ft)
  • Towers: Two residential skyscrapers (~50 storeys each)
  • Units: 3, 4, 5 BHK apartments, plus penthouses
  • Size Range: Starting at 1,500 sq ft
  • Price Estimate: Around ₹40,000/sq ft (launch phase)
  • Launch Timeline: Early 2026
  • Projected GDV: ₹3,000–₹3,200 crore

If you’re exploring high-end options in Goregaon West, check out this existing 4 BHK flat for sale, which showcases the kind of premium residential demand the area already enjoys (tytil.com, tytil.com, tytil.com).

Why Goregaon West Is on Every Investor’s Radar

Goregaon West has emerged as one of Mumbai's most compelling real estate micro-markets. Thanks to:

  • Excellent connectivity (Western Express Highway, Link Road, Metro Lines 2A & 7)
  • Proximity to commercial hubs like Mindspace Malad and NESCO
  • Established social infrastructure—schools, hospitals, malls, restaurants
  • Green spaces and lifestyle amenities

These factors make it ideal for premium living. TyTil’s active listings—like PGs and flats—highlight how much interest exists in both rental and purchase segments. 

Summary Table: Key Project Details

FeatureDetails
DeveloperArkade Developers
LocationGoregaon West
Land Parcel4 acres (Filmistan Studio site)
Towers2 × 50-storey residential skyscrapers
Unit Types3, 4, 5 BHKs plus penthouses
Starting PriceApprox. ₹40,000 per sq ft
GDV₹3,000 – ₹3,200 crore
LaunchEarly 2026

 

 

Why Goregaon West Is on Every Investor’s Radar

Goregaon West has emerged as one of Mumbai's most compelling real estate micro-markets. Thanks to:

Excellent connectivity (Western Express Highway, Link Road, Metro Lines 2A & 7)

Proximity to commercial hubs like Mindspace Malad and NESCO

Established social infrastructure—schools, hospitals, malls, restaurants

Green spaces and lifestyle amenities

These factors make it ideal for premium living. TyTil’s active listings—like PGs and flats—highlight how much interest exists in both rental and purchase segments.

Frequently Asked Questions

What is the price per square foot?
Expected to start at around ₹40,000/sq ft during the launch phase.

When is the project expected to be launched?
Targeted for early 2026.

What types of units will be available?
A mix of 3, 4, and 5 BHK apartments starting at about 1,500 sq ft, plus exclusive penthouses.

Why is Goregaon West so popular?
Connectivity, social and commercial infrastructure, and greenery make it a preferred area. Live listings like this 4 BHK flat show real demand (tytil.com).

How does this fit into broader Mumbai redevelopment trends?
It follows the pattern of converting heritage land—like RK Studios—into luxury housing, creating modern landmarks with a stately legacy.

Final Thoughts

This isn’t just another housing project — it’s a rare fusion of heritage and luxury, something that appeals to both the heart and the portfolio. Whether you’re an NRI investor, a homebuyer looking for iconic real estate, or a Bollywood history buff who wants a slice of the city’s legacy, this Arkade project in Goregaon West is worth considering. And as always, if you’re looking to compare top-tier developments or need help navigating the luxury housing market, visit www.tytil.com — your guide to Mumbai's premium real estate.