Arkade secures redevelopment rights for nine societies in Kandivali East

Redevelopment rights announced

On May 27, 2026, Arkade announced that it had acquired redevelopment rights for nine housing societies in Ashok Nagar, Kandivali East. The planned residential development covers approximately 3 acres. Arkade stated an estimated saleable RERA carpet area of approximately 325,000 sq. ft. and a projected gross development value of approximately ₹1,100 crore.

The announcement describes the project as upcoming. It does not establish a launch or the opening of bookings. The saleable RERA carpet-area figure is part of the developer’s announcement; it does not itself establish project registration.

Configurations, pricing and timeline

The available project announcement does not set out apartment configurations or unit-size ranges. It also does not state a price band or possession timeline. No project-specific MahaRERA registration number is established in the announcement.

Arkade referred generally to contemporary amenities and landscaped open spaces. The announcement does not give a construction stage or a detailed amenity or specification list.

Kandivali East context

Arkade’s announcement identifies the Western Express Highway, suburban rail and operational Metro Line 2A as connectivity options for Kandivali East. It also refers generally to schools, hospitals, malls and commercial hubs in BKC, Malad, Goregaon and Andheri. The announcement does not give project-specific distances or travel times.

In August 2026, The New Indian Express reported Kandivali East among four locations where Arkade had added redevelopment projects, alongside Malad West, Kandivali West and Borivali West.

Developer background

Arkade Developers’ FY 2024–25 annual report states that the company had delivered more than 5.5 million sq. ft. of development, had approximately 2 million sq. ft. in progress and had served more than 5,500 families. It names Arkade Rare, Arkade Views and Arkade Vistas among the company’s Mumbai projects.