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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Shahid Kapoor and Mira Rajput buy new Mercedes Maybach worth whopping Rs. 3.5 crores, see photo

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Bollywood actor Shahid Kapoor and his wife Mira Rajput have purchased a brand new Mercedes Maybach GLS 600 which is worth Rs. 3.5 crores. They were seen in a photo on the official page of Mercedes Maybach India where they received their car keys.

The caption read, “The Mercedes-Maybach GLS 600 joins @shahidkapoor's garage, not just as a magnificent addition, but as a reflection of his evolving luxury story. Where the S580 whispered elegance, the GLS 600 roars opulence. We take immense pride that Shahid chose Auto Hangar for this prestigious addition, a testament to our commitment to delivering excellence in every drive. Here's to the fusion of power, prestige, and Auto Hangar's legacy of luxury.”

 

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The Mercedes-Maybach GLS 600 is a luxurious SUV. Powered by a 4.0-litre twin-turbocharged V8 engine, it boasts an impressive 550 horsepower and 538 lb-ft of torque, providing a smooth and powerful driving experience. With a wheelbase extended by 7.9 inches compared to the standard GLS, the Maybach GLS 600 offers a spacious and comfortable cabin with executive rear seating, allowing passengers to indulge in the ultimate luxury experience. The SUV is equipped with cutting-edge features.

On the work front, Shahid Kapoor will next star with Kriti Sanon in Maddock Films’ untitled sci-fi rom-com. He stars alongside Pooja Hegde in Rosshan Andrrews’ upcoming thriller. ALSO READ: Shahid Kapoor, Nora Fatehi and Malaika Arora to perform at a Bollywood live concert on January 20, 2024



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