MoneyWorks4Me

Arkade Developers secures cluster redevelopment project in Kandivali East

27 May 2026 Evaluate

Arkade Developers has acquired the cluster redevelopment rights of 9 societies with a saleable RERA CA of approximately 325,000 Sq. ft. The upcoming development is strategically located in the upscale neighbourhood of Ashok Nagar, Kandivali East. Spread across approximately 3 acres with a projected Gross Development Value (GDV) of around Rs 1,100 crore. The redevelopment will feature premium residences, thoughtfully designed to meet the evolving aspirations of urban homebuyers.

This landmark project will be among the most significant redevelopment initiatives in Kandivali East, reaffirming Arkade’s commitment to transforming established neighbourhoods into vibrant, future-ready communities. Beyond providing modern homes, the development is envisioned to enhance the local ecosystem with contemporary amenities, landscaped open spaces, and high-quality construction standards.

Arkade Developers is primarily engaged in real estate development. The operations of the company span all aspects of real estate development, from the identification and acquisition of land, to planning, execution, construction and marketing of Commercial and residential projects. 


Peers
Company Name CMP
Lodha Developers 1113.00
Prestige EstatesProj 1505.00
Dilip Buildcon 403.85
DLF 643.60
Oberoi Realty 1747.40
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