Arkade Developers Makes Strategic Entry into Thane with 6.28-Acre Project, Targets X2,000 Crore GDV

Arkade Developers Limited, a listed and reputed name in Mumbai’s real estate landscape, has announced its foray into the Thane real estate market with a landmark acquisition of a 6.28-acre freehold land parcel. The transaction, valued at X172.48 crore including Stamp Duty, will pave the way for a marquee mixed-use development with a projected gross development value (GDV) of 2000 crore having a RERA saleable area of 9.26 lakh sq. ft. The project launch is slated for early 2026. Strategically nestled at Kasarvadavali off Ghodbunder Road in Thane West, this upcoming development is set to emerge as a landmark destination, offering a harmonious mix of thoughtfully crafted 2, 3, and 4 BHK residences along with curated retail and commercial spaces. The project boasts sweeping views of the Sanjay Gandhi National Park and seamless connectivity via Ghodbunder Road, the Eastern Express Highway. With the upcoming Metro Line 4 and the Thane-Borivali twin tunnel, Thane is experiencing a significant transformation. Ghodbunder Road, in particular, continues to draw discerning homebuyers and investors, thanks to its expanding social ecosystem and improved connectivity. These ongoing developments are poised to redefine Thane's identity, establishing it not only as a prominent district in Maharashtra but also as a national exemplar of progressive urban infrastructure and planned growth.