Arkade Developers Acquires 6.28-Acre Land in Kasarvadavali, Thane for ₹172 Crore; Launches ₹2,000 Crore Mixed-Use Project

Arkade Kasarvadavali

Mumbai | June 14, 2025 – In a strategic expansion move, Arkade Developers has acquired a 6.28-acre land parcel in Kasarvadavali, Thane West for ₹172 crore. The Mumbai-based real estate company plans to develop a premium mixed-use project in Arkade Kasarvadavali Thane, with an estimated Gross Development Value (GDV) of ₹2,000 crore and a RERA saleable area of 9.26 lakh sq ft.

This significant acquisition marks a pivotal addition to the portfolio of Arkade Thane and strengthens the brand’s position in one of Mumbai’s fastest-growing real estate corridors.


🏗️ Project Overview: Arkade Kasarvadavali Thane

  • Location: Kasarvadavali, off Ghodbunder Road, Thane West
  • Land Area: 6.28 acres
  • Investment: ₹172 crore
  • GDV: ₹2,000 crore
  • Project Type: Mixed-use (Residential + Retail + Commercial)
  • RERA Saleable Area: 9.26 lakh sq ft
  • Unit Types: 2, 3, and 4 BHK luxury residences
  • View: Facing Sanjay Gandhi National Park (SGNP)
  • Connectivity: Ghodbunder Road, Eastern Express Highway, upcoming Metro Line 4, Thane-Borivali twin tunnel

🌆 Why Arkade Thane is a Game-Changer

Thane, especially the Kasarvadavali belt on Ghodbunder Road, is undergoing a dramatic transformation thanks to infrastructural boosts and high-end real estate demand. The upcoming project by Arkade Developers is well-positioned to cater to this market.

🚉 Key Infrastructure Enhancements:

  • Metro Line 4 (Wadala to Kasarvadavali) – Enhances commute efficiency to central Mumbai.
  • Thane–Borivali Twin Tunnel – Will cut cross-city travel time to under 20 minutes.
  • Widened Ghodbunder Road – Increasing traffic flow and commercial connectivity.

📈 Arkade Upcoming Projects: Setting New Standards

With a strong legacy in Kanjurmarg, Mulund, and Bhandup, the expansion into Thane underlines Arkade’s growth trajectory. The Arkade Kasarvadavali Thane project adds to a robust list of Arkade upcoming projects that are redefining urban living with thoughtfully designed homes and integrated commercial spaces.

💬 Amit Jain, CMD, Arkade Developers Ltd:

“Our entry into Thane through this landmark project aligns with the rising demand for premium living spaces backed by world-class infrastructure. The Arkade Kasarvadavali Thane project reflects our commitment to sustainable, high-quality developments.”


🤝 Land Deal Exclusively Advised by JLL India

The land acquisition was facilitated by Jones Lang LaSalle (JLL) India, known for executing high-value real estate transactions.

💬 Nishant Kabra, JLL India:

“Thane’s infrastructure-driven growth and evolving demographics make it a hotspot for premium mixed-use development. We’re proud to have advised Arkade Developers in this landmark transaction.”


🏘️ Why Investors & Homebuyers Are Targeting Arkade Thane Projects

Key FeatureBenefit
Scenic National Park Facing LocationPeaceful environment and green views
Premium Unit ConfigurationsCaters to luxury segment (3 & 4 BHK)
Strategic Infrastructure ConnectivityMetro Line 4, Eastern Express Highway, Twin Tunnel
Proven Developer Brand (Arkade)Trust, timely delivery, and project execution
Rising Capital Appreciation in ThaneStrong ROI expected over 5–10 years

🔑 Conclusion: Arkade Developers Makes a Landmark Entry into Thane

The ₹172 crore investment in Arkade Kasarvadavali Thane is a strong signal of Arkade’s intent to capitalize on Thane’s growth story. This launch joins the list of Arkade upcoming projects that blend residential elegance with commercial viability, ensuring long-term value for both homebuyers and investors.

With excellent connectivity, scenic surroundings, and premium housing demand, Arkade Thane is set to become one of the top-performing projects in the Mumbai Metropolitan Region (MMR).

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