Arkade Developers added four redevelopment projects in Mumbai's western suburbs: Malad West, Kandivali West, Kandivali East, and Borivali West.

Project Details:

Total construction area across four projects: approximately 51 lakh sq ft.

Auris Serenity Tower 4 located off New Link Road at Kanchpada, Malad West, part of eight-acre development. 60-storey ultra-luxury, low-density residential tower with defining 100-ft elevated first habitable floor designed for improved light, ventilation and privacy. Six apartments per floor, 3 and 4 BHK homes, 11-ft floor-to-floor height, expansive windows and large decks. Sea, greenery, Global Vipassana Pagoda and skyline views. Over 40 lifestyle amenities across podium and upper levels including Sunrise Pavilion, Candlelight Trail, urban forest plaza, swimming pool, sunset pool bar, river feature, aquatic flower pond and play areas. Multi-modal connectivity: SV Road, Western Express Highway, Malad railway station, Metro Line 2A. Retail hubs Infinity Mall within 1 km, Inorbit and Oberoi malls nearby. Upcoming infrastructure: Versova–Dahisar Coastal Road, Bandra–Versova Sea Link, Goregaon–Mulund Link Road. Runwal Realty has 47 years experience, 35 projects across Thane, MMR and Pune, recent ultra-luxury launches in Worli and Walkeshwar. Development agreement signed January 2026, launch pending statutory approvals.

A well-organised property fraud racket cheated homebuyers by offering under-construction flats at throwaway prices in Malad. Five accused arrested; alleged mastermind absconding. Gang used Housing.com, NoBroker, and social media to advertise flats worth around Rs 1 crore for Rs 60–70 lakh. Police noted the gang's strength was authenticity of paperwork.

Mahindra Lifespace Developers Limited announced selection as preferred partner for redevelopment of four residential societies in Malad West, Mumbai. Four societies span approximately 1.65 acres with ₹800 crore development potential. Project located near Mahindra Codename 64, another Mahindra Lifespace redevelopment project in the area. Positioned 2.6 km from Western Express Highway, less than 1 km from Malad West Metro Station, and around 1.5 km from Malad Railway Station. Knight Frank India report projects 44,277 apartments worth ₹1.30 lakh crore entering Mumbai market through redevelopment by 2030. Free-sale component from society redevelopments projected to generate ₹7,830 crore stamp duty and ₹6,525 crore GST. Borivali, Andheri, and Bandra identified as top three redevelopment hotspots, collectively contributing over 139 acres.

Between 2021 and H1 2026, available residential inventory fell 74% in South Mumbai, 24% in Navi Mumbai and 19% in Thane. Western Suburbs inventory rose 29%, while Peripheral Western inventory increased 240%, driven by new launches, metro connectivity and township supply, according to Anarock’s report on MMR’s real estate transformation. Navi Mumbai demand was supported by Atal Setu and NMIA; Thane by township sales and infrastructure upgrades. South Mumbai’s decline reflected limited launches and redevelopment-led absorption.

Across MMR, supply was 6,66,598 units, sales 6,93,855 and available inventory 1,73,103. The region spans 6,355 sq km and has a population of 27 million. Maharashtra Societies Welfare Association chairman Ramesh Prabhu said MMR’s current housing supply meets demand, but cluster redevelopment, especially in South Mumbai, could increase supply relative to demand over the next four-five years and stagnate prices.

Micro-markets listed: Vasai, Palghar, Mira Road East, Virar, Naigaon East; Malad West, Borivali East and West, Andheri East and West; Panvel, Taloja, Kharghar, Ulwe, Vashi; Byculla, Parel, Mahim, Girgaon, Worli; Dombivali, Bhiwandi, Kalyan West and East, Badlapur East; Pokhran Road, Majiwada, Kolshet Road, Ghodbunder Road; Chembur, Mulund West, Bhandup West, Vikhroli, Ghatkopar East.