Arkade Developers Acquires Thane Land for ₹172.48 Cr

Arkade Developers has acquired a 6.28-acre freehold land parcel in Kasarvadavali, Thane, for ₹172.48 crore, including stamp duty. The upcoming project has a gross development value (GDV) of ₹2,000 crore with a RERA saleable area of 9.26 lakh sq ft. It will feature 2, 3, and 4 BHK residences, along with retail and commercial spaces. The project is scheduled for launch by early 2026.