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Arkade Developers to invest around Rs 570 crore in Bhandup

22 Oct 2024 Evaluate

Arkade Developers has planned to invest around Rs 570 crore to develop 3 acres to construct 7 towers of G+21 Storey for luxury project called Arkade Rare in Bhandup. 

The project will have 432 residential units along with 43 commercial units, featuring a mix of 2 BHK and 3 BHK apartments. The total construction area is approximately 7,25,000 sq. ft. which will be developed in a single phase with an estimated sales value of Rs 760 crore.  The company purchased this 3-acre land in September 2023 for Rs 103 crore.

Arkade Rare welcomes its residents with a private access road giving them serenity amidst the hustle and bustle of the metro life and is in proximity to a proposed Jain Derasar. Spread across sprawling 3 acres of urban area having 50% open spaces. The project offers a premium lifestyle with state-of-the-art amenities. Some of these unique features include air-conditioned homes, a lap swimming pool, a hydrotherapy pool, a golf putting green, an indoor badminton court, a children's sandpit, and a banquet hall. Arkade Rare exemplifies the company's commitment to excellence and its vision of redefining modern living.

Strategically located in Bhandup West, the project will benefit from the proximity to western and eastern business districts, transit connectivity, and social infrastructure including schools, hospitals, malls etc.

Arkade Developers is primarily engaged in real estate development.

Arkade Developers Share Price

114.02 -2.80 (-2.40%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 855.85
Dilip Buildcon 450.15
DLF 595.85
Oberoi Realty 1695.70
Ahluwalia Contract(I 833.35
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