Project Details
- Location: Ashok Nagar, Kandivali East, Mumbai
- Project Type: Cluster redevelopment
- Number of Societies: 9 societies
- Saleable Area: Approximately 325,000 square feet (RERA CA)
- Land Area: Approximately 3 acres
- Projected Gross Development Value (GDV): ~₹1,100 crore
Development Features
The redevelopment will feature premium residences designed to meet the evolving aspirations of urban homebuyers. The project is envisioned to enhance the local ecosystem with:
- Contemporary amenities
- Landscaped open spaces
- High-quality construction standards
Strategic Location Advantages
Kandivali East has emerged as a promising residential destination due to:
- Excellent connectivity via Western Express Highway
- Suburban rail access
- Operational Metro Line 2A
- Proximity to key commercial hubs including BKC, Malad, Goregaon, and Andheri
- Robust social infrastructure with reputed schools, hospitals, and malls
- Strong real estate appreciation and healthy rental yields
Management Commentary
Amit Jain, Chairman and Managing Director of Arkade Developers Limited, stated: "At Arkade Developers, every project is an opportunity to create spaces that go beyond homes—they inspire better living and stronger communities. With this new project in Kandivali East, we are delivering a lifestyle experience that reflects our commitment to thoughtful design, sustainability, and community-centric development. This redevelopment rights also reinforces our growth momentum as we continue expanding our footprint across MMR."
Company Background
Arkade Developers Limited is an ISO 9001-2015 & 45001-2018 certified, listed real estate company with:
- 40 years of legacy in the real estate sector
- 32 completed projects
- Over 5.5 million square feet developed
- 2+ million square feet currently under construction
- Homes created for over 5,500 families
- Presence across western, eastern, and central suburbs of Mumbai
- Listed on both BSE (544261) and NSE (ARKADE)
The company operates under the core philosophy of "Family First" and emphasizes values of trust, transparency, commitment, and happiness. Arkade is known for timely project deliveries and has established itself as a symbol of quality and excellence in the Mumbai real estate sector.