Arkade Developers Limited has informed the Exchange regarding a press release dated April 22, 2025, titled " Key Operational updates for FY 2024-25".
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Arkade Developers, a Mumbai-based luxury real estate developer, reported robust FY24-25 operational performance with pre-sales of ₹773 crores (up 19.8% YoY), collections of ₹716 crores (up 21.8% YoY), and area sold of 249,000 sq ft (up 22.7% YoY). Q4 FY25 also saw strong numbers, with collections jumping 35.2% YoY to ₹238 crores and pre-sales at ₹217 crores (up 10.6% YoY). The company launched three new Mumbai projects (Arkade Rare, Arkade Views, Arkade Vistas) and received 4 Occupation Certificates ahead of the RERA schedule, completing 650+ possessions. Additionally, it cumulatively acquired 15.5 acres of land in Mumbai's western suburbs with a projected Gross Development Value of ₹8,590 crores, signaling aggressive future growth plans.
Broad-based YoY growth in pre-sales, collections, and area sold, combined with timely project deliveries and a sizeable land bank expansion, signals healthy operational momentum and is a positive read for shareholders.