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Amid the bustling growth of Thane’s skyline, Arkade Developers Ltd has made a bold move into the heart of Mumbai’s most promising suburb. The Mumbai-based real estate titan announced a landmark acquisition—securing a sprawling 6.28-acre freehold land parcel for Rs 1.72 billion, inclusive of stamp duty. This strategic expansion marks Arkade’s ambitious foray beyond its stronghold in central and western Mumbai, signaling a new era of urban transformation.
The newly acquired site is poised to become a vibrant mixed-use development, blending premium residential spaces with dynamic commercial offerings. With a projected gross development value (GDV) of Rs 20 billion (USD 240 million), and a total saleable area of approximately 926,000 square feet, the project is set to redefine integrated living in Thane. Slated for launch in early 2026, this development will not only enrich Arkade’s diverse portfolio but also introduce cutting-edge housing and commercial opportunities to the region.
Thane, long recognized as a hub for urban expansion within the Mumbai Metropolitan Region, continues to attract forward-thinking developers and discerning homebuyers alike. Arkade’s latest venture is expected to cater to the rising demand for modern, well-connected communities that harmonize work, life, and leisure.
By anchoring its vision in Thane, Arkade Developers solidifies its reputation as a trailblazer in India’s real estate landscape. The company’s commitment to quality and innovation is set to deliver a landmark destination for those seeking the perfect blend of residential comfort and commercial convenience.
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