Arkade adds Shankar Lane project to Kandivali West redevelopment pipeline

Project added to Arkade’s redevelopment pipeline

Arkade announced four western Mumbai redevelopment projects on August 19, 2026, including a project at Shankar Lane in Kandivali West. The company described the Kandivali West development as part of its redevelopment pipeline. The project is identified by its locality here; an official marketing name was not stated in the announcement.

As of October 2026, its status is upcoming. The announcement identifies it as a cluster redevelopment and housing development.

Combined figures cover two Kandivali projects

Arkade reported figures for its Kandivali East and Kandivali West projects together: approximately 12,611.5 sq. m. of plot area, projected saleable carpet area of about 3.5 lakh sq. ft., and estimated gross development value of ₹1,100 crore. These are combined estimates, not figures for the Shankar Lane project alone.

The company also gave combined figures for all four announced projects: approximately 45,204 sq. m. of area, 15 lakh sq. ft. of projected saleable carpet area, about 51 lakh sq. ft. of estimated construction area and projected turnover of approximately ₹5,000 crore.

Configurations, pricing and timeline

The announcement identifies the development as housing but does not provide a unit mix or home-size range. It also does not give a project sales price, possession timeline or project-specific construction stage. Arkade’s announcement was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Locality context

The announced site is on Shankar Lane in Kandivali West, Mumbai. The available project announcement identifies the locality and street but does not set out project-specific distances or travel times to transport links, schools, hospitals or other amenities.