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 Feature | Benefit |
---|---|
Scenic National Park Facing Location | Peaceful environment and green views |
Premium Unit Configurations | Caters to luxury segment (3 & 4 BHK) |
Strategic Infrastructure Connectivity | Metro Line 4, Eastern Express Highway, Twin Tunnel |
Proven Developer Brand (Arkade) | Trust, timely delivery, and project execution |
Rising Capital Appreciation in Thane | Strong 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).