Arkade Bhandup West Mumbai Project

About Arkade Rare Bhandup West Mumbai Project

In October 2024, listed real estate company Arkade Developers unveiled Arkade Rare, a 3-acre greenfield development comprising seven residential towers. The integrated project includes 432 residential units and 47 commercial units, with a total construction area of approximately 7.25 lakh sq. ft., all developed in a single phase. The estimated sales value of the entire project, covering both residential and commercial components, stands at INR 760 crore. Located off LBS Marg in Bhandup West, the project follows a "Walk to Work" concept by integrating residences with a separate commercial wing called 'The Ambition', an exclusive commercial offering within Arkade Rare . The towers rise to G+16 to G+22 floors and the development is mortgaged with and funded by Bajaj Housing Finance.

Key Highlights

• 2.95-acre integrated township with 7 towers, G+16 to G+22 floors and 432 residential units in total
• MahaRERA registered — P51800077307 available on the website under registered projects
• Configurations: 2 & 3 BHK flats (524–912 sq. ft. carpet area) plus 2.5 BHK at 806 sq.ft.
• Walk-to-work design — 47 commercial units in 'The Ambition' wing within the same compound
• Strong sales traction: A total of 107 residential transactions has been registered so far for Arkade Rare, amounting to ₹ 151 Cr till December 2025
• Connectivity: Bhandup station 1.4 km, Dreams mall 0.5 km, Bhavsar Hospital 1.5 km, Upcoming metro station 0.5 km, Airport 12 km, Powai 6 km
• Bank-approved: Approved by the following Banks like HDFC, State Bank of India, ICICI and many other
• Possession by December 2028 as per RERA filing

Location Advantages

Arkade Rare sits Off LBS Road, Bhandup West – 400078 , on one of central Mumbai's most strategic arterial roads. Excellent highway connectivity: Located close to the Eastern Express Highway, Jogeshwari-Vikhroli Link Road (JVLR), and Mulund-Airoli Road, providing quick access to South Mumbai, Thane, the Western Suburbs, and Navi Mumbai. The upcoming Bhandup Metro Station (Line 4) will further enhance accessibility to key commercial and residential nodes across Mumbai. Powai's IT belt is a 5.5 km drive, BKC roughly 12.5 km, and Mumbai airport about 12 km. Honest concerns: Bhandup West still carries pockets of older industrial character, and LBS Marg sees heavy peak-hour congestion that can stretch the 1 km drive to Bhandup station to 15-20 minutes during rush hour. The micro-pocket near Tank Road also has older chawl settlements adjacent to newer high-rises — a contrast some buyers find jarring. Monsoon water-logging on lower stretches of LBS Marg is another recurring issue worth noting.

What's Nearby — Schools, Hospitals, Malls

Amenities

Fitness & Sports: Hydro gym, indoor badminton court, jogging and strolling track, yoga deck. Water: Lap-style swimming pool plus a separate kids' pool, decorative water bodies on the landscaped podium. Kids: Landscaped podium and ground-level recreations, featuring seating, sandpit, kids' play area, walkways, and sky cineplex , dedicated kids' club. Social: Grand entry lobby, clubhouse with mini theatre, party lawn, indoor games room, sky lounge, multipurpose hall. Wellness: Steam and massage room, reflexology walk, green pods. Security: 24×7 CCTV surveillance, manned entry points, intercom in every flat, fire-fighting systems, video door phone. Convenience: Ground-level car parking, power back-up for common areas and lifts, EV charging provision. The amenity deck is concentrated on the podium, which keeps the ground floor open for landscaping.

Price & Configuration

The all-inclusive price of a 2BHK in Arkade Rare Bhandup starts from ₹1.58 Cr and varies depending on the carpet area and floor level you choose. 524 sq. ft. – ₹1.58 Cr (all-inclusive), 587 sq. ft. – ₹1.76 Cr (all-inclusive), 626 sq. ft. – ₹1.88 Cr (all-inclusive) . The base ticket size starts from 1.31 Cr Onwards for the smallest 2 BHK on lower floors. During Q3'2025, average property prices for Arkade Rare moved from ₹ 24,250/sqft to ₹ 24,550/sqft, reflecting a 1.24% rise. Payment plan: CLP (Construction Link plan) is the standard option, with custom plans negotiable on unit booking.

Construction Progress

Arkade Rare, developed by Arkade Developers Limited, officially launched on 06-Aug-2024 and expected to complete by 31-Dec-2028. Per recent on-ground updates, construction is currently 60% complete as of January 29, 2026 across the seven towers, with structural work progressing in line with the RERA milestone schedule. Sample 2 BHK and 3 BHK show flats are ready for buyer walkthroughs. A total of 99 out of 432 launched units have been booked as of May 2025, including 25% of 2 BHK(92 out of 371 units), 44% of 2.5 BHK(7 out of 16 units) , and registered transactions have since climbed past 107.

Investment Analysis

• Pricing vs locality: Arkade Rare's ~₹24,550/sqft is roughly in line with Bhandup West's Average Asking Price of Properties in Bhandup West is around ₹ 24,050 /Sq.ft — a modest premium for new construction.
• Appreciation trajectory: Project rates rose from ₹23,850/sqft (Q2 '25) to ₹24,550/sqft (Q3 '25) — about 3% in two quarters; expect 7-9% annual appreciation through possession given metro Line 4 progress.
• Rental yield outlook: Rental yields in Bhandup West are approximately 11%, among the highest in Mumbai's central suburbs, driven by demand from professionals working in nearby IT and business hubs . (Note: this figure is gross/unverified — most realistic yield for 2-3 BHK is 3-3.5% net.)
• Resale demand: Some of the popular societies for buying an apartment in Bhandup West are Neelam Senroofs, Arkade Rare and Mahindra Lifespaces Splendour. These are the most preferred societies in Bhandup West, known for their livability, quality and location.
• Competing projects: Mahindra Lifespaces Splendour (~₹25,000/sqft), Rustomjee Bella (~₹22,000/sqft), Kalpataru Elitus Mulund (~₹26,500/sqft), Neelam Senroofs Nahur (~₹23,500/sqft).

Pros and Cons

Pros:

• Listed, RERA-registered developer — Arkade Developers is a BSE and NSE-listed real estate brand with an impressive legacy spanning over 38+ years , raising governance standards.
• Strong sales velocity (107+ registrations) signals genuine end-user demand, not just broker hype.
• Walk-to-work integration with The Ambition commercial wing — useful for hybrid workers and small business owners.
• Carpet-area pricing transparency — sizes from 524-912 sqft cover both first-time buyers and upgraders.
• Within 1 km of Bhandup railway station and 0.5 km of upcoming Metro Line 4 station.

Cons:

• The project offers limited open space, as 3 towers are being developed on a 7-acre land parcel. Due to the layout and construction footprint, there isn't much room within the premises for residents to move around or enjoy recreational open areas. With 7 towers on under 3 acres, density is high.
• 2 BHK carpet areas as small as 524 sqft are tight by family standards — buyers should physically inspect before booking.
• The project is Mortgaged with and Funded by Bajaj Housing Finance Ltd. No objection certificate/ permission to mortgage from Bajaj Housing Finance Limited will be provided for the sale of flats. This complicates buyer-financed home loans from other banks.
• LBS Marg traffic and Bhandup's industrial-residential mix may not suit buyers expecting a quieter low-rise pocket.

Who Should Buy This

Ideal for: End-user families upgrading from 1 BHK rentals in Bhandup, Mulund, or Vikhroli; IT professionals working in Powai, BKC, or Airoli wanting <30 min commutes; investors targeting Mumbai's central-suburb rental market with metro tailwinds; first-time buyers comfortable with ~₹1.6-1.9 Cr ticket sizes for genuine 2 BHK carpet space.

Not ideal for: Buyers who want lush low-density gated communities (density here is high), NRIs seeking ready-to-move trophy apartments (possession is December 2028), or anyone needing a quiet residential pocket away from arterial-road traffic.

FAQ — Frequently Asked Questions

Q: Is Arkade Rare Bhandup West RERA registered?

A: Yes. MahaRERA registration number – P51800077307 available on the website under registered projects.

Q: What is the possession date of Arkade Rare?

A: Arkade Rare, developed by Arkade Developers Limited, officially launched on 06-Aug-2024 and expected to complete by 31-Dec-2028.

Q: What is the price range of flats in Arkade Rare Bhandup?

A: 2 BHK starts at ₹1.58 Cr (524 sqft carpet) and 3 BHK goes up to approximately ₹2.71 Cr (912 sqft carpet), with average rate around ₹24,550/sqft.

Q: What configurations are available?

A: 2 BHK Flats: Carpet Area: 524 Sq.ft, 587 Sq.ft, 626 Sq.ft, 677 Sq.ft, 734 Sq.ft. 3 BHK Flats: Carpet Area: 806 Sq.ft, 912 Sq.ft. The 806 sqft unit is marketed as 2.5 BHK.

Q: Is Arkade Developers a reliable builder?

A: Yes — Arkade is a BSE/NSE-listed company with a 38+ year track record, 31 completed projects, and over 5.5 million sq.ft. delivered. Their listed status adds disclosure-based accountability that private developers don't carry.

Q: What is the nearest metro and railway station?

A: Bhandup station 1.4 km, Dreams mall 0.5 km, Bhavsar Hospital 1.5 km, Upcoming metro station 0.5 km, Airport 12 km, Powai 6 km. The under-construction Bhandup Metro on Line 4 (Wadala-Kasarvadavli) is closest.

Q: Is Arkade Rare a good investment?

A: For a 4-year horizon to possession plus 2-3 years post, yes — the location combines metro upside, Powai/BKC commute, and a listed developer. However, the high tower density (7 towers on under 3 acres) could affect resale premium versus lower-density competitors like Mahindra Splendour.

Q: Which banks have approved loans for Arkade Rare?

A: Approved by the following Banks like HDFC, State Bank of India, ICICI and many other. However, since the project is funded by Bajaj Housing Finance, buyers should confirm the NOC process with their chosen bank before committing.

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