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

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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 stated that this acquisition will allow Arkade Developers to develop the iconic 4-acre land parcel located on SV Road in Goregaon West, widely recognized as ‘Filmistan Studios.’ The company mentioned that the project is tentatively planned to launch in 2026 and will be an ultra-luxury residential development. It will offer spacious 3, 4, and 5 BHK apartments, along with exclusive penthouses, spread across two impressive high-rise towers of 50 storeys each. With an estimated Gross Development Value (GDV) of Rs. 3,000 crores, the project is set to become a landmark in premium housing in Western Mumbai. Mumbai-based listed developer Arkade Developers Ltd announ...
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REVEALED: Salaar: Part 1 – Ceasefire’s sequel to be called Salaar Part 2: Shauryanga Parvam

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The much-awaited film Salaar: Part 1 – Ceasefire was finally released today in cinemas across the world after making a lot of noise not just over its content and star cast but also issues related to show sharing. Starring Prabhas, Prithviraj Sukumaran and Shruti Haasan, the action entertainer is directed by Prashanth Neel and Hombale Films of KGF fame. As a result, the hype was tremendous resulting in a huge start down South and a decent start in the Hindi-speaking markets.

As the name suggests, Salaar: Part 1 – Ceasefire was the first part with a sequel promised by the makers even before its release. As expected, it has come to light that the first part ends by mentioning the name of the sequel. The next installment will be called Salaar Part 2: Shauryanga Parvam.

Salaar: Part 1 – Ceasefire is set in a city named Khansaar populated by dangerous anti-social elements and is also a story of friendship. In an exclusive interview with Bollywood Hungama, producer Vijay Kiragandur of Hombale Films confirmed that when the final product couldn’t get ready by September 28 as scheduled, the film was shifted to December 22 due to astrological reasons. Hence, while Shah Rukh Khan-starrer Dunki and the Hollywood superhero film Aquaman And The Lost Kingdom released on December 21, the makers of Salaar: Part 1 – Ceasefire didn’t prepone their date.

In the same interview, Vijay Kiragandur also clarified that the underperformance of lead actor Prabhas’ recent films doesn’t bother them, “We don’t see one or two failures of a star as a reference. We take the success stories as a reference instead and make movies. We hope Salaar will become a blockbuster. His films might not have worked but look at the first-day figures. Nobody has got that kind of an opening in India that Prabhas sir’s movies get.”

Also Read: Salaar: SS Rajamouli reveals Shruti Haasan has no dance number in the film; says, “I was disappointed” to Prashanth Neel



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