Arkade Developers Limited has announced the acquisition of cluster redevelopment rights for 9 societies in Kandivali East, Mumbai.
This project is set to transform the area with a projected Gross Development Value (GDV) of ₹1,100 crore.
On May 27, 2026, Arkade Developers revealed their latest venture in Kandivali East, acquiring redevelopment rights for 9 societies.
This project spans approximately 3 acres and offers a saleable RERA Carpet Area of around 3,25,000 sq. ft.
The development will feature premium residences designed to cater to the aspirations of urban homebuyers.
The project is strategically located in Ashok Nagar, an upscale neighbourhood in Kandivali East. It aims to enhance the local ecosystem with modern amenities, landscaped open spaces, and high-quality construction standards.
Kandivali East has rapidly gained prominence as a residential destination in Mumbai. Its excellent connectivity via the Western Express Highway, suburban rail, and Metro Line 2A makes it a preferred choice for homebuyers.
The area boasts robust social infrastructure, including reputed schools, hospitals, and malls, along with proximity to key commercial hubs like BKC, Malad, Goregaon, and Andheri.
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Under the leadership of Amit Jain, Arkade Developers has established itself as a symbol of quality and excellence in Mumbai's real estate sector.
With over 40 years of experience, the company has completed 32 projects, providing homes for more than 5,500 families.
Arkade Developers focuses on building family-friendly homes, upholding values such as trust, transparency, commitment, and happiness.
The company's commitment to quality is evident in its meticulous planning, innovative designs, and use of advanced technologies, ensuring timely project deliveries.
As of May 27, 2026, at 10:26 AM, Arkade Developers share price on NSE was trading at ₹125.92 up by 2.53% from the previous closing price.
Arkade Developers' acquisition of the Kandivali East redevelopment project underscores its dedication to transforming established neighbourhoods into vibrant communities. With a projected GDV of ₹1,100 crore, this initiative highlights the company's focus on quality and community-centric development.
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Published on: May 27, 2026, 10:47 AM IST
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