Arkade Reports Rs 7.73 Billion in Pre-Sales for FY24-25

25 Apr 2025 CW Team

Key highlights for FY24-25:

Area sold: 249,000 sq. ft., a YoY growth of 22.7%
Pre-sales: Rs 7.73 billion, up 19.8% YoY
Collections: Rs 7.16 billion, marking a 21.8% YoY growth

Mumbai, 22nd April 2025: Arkade Developers Limited, a leading luxury real estate developer based in Mumbai, has announced its operational performance for FY 2024-25, recording notable growth in key financial metrics.

Operational performance:

A) Pre-sales: In FY 2024-25, Arkade Developers achieved Rs 7.73 billion in pre-sales, reflecting a 19.8% increase compared to Rs 645 crores in the previous year. This growth underscores the continued demand for Arkade’s residential offerings in the Mumbai region.

B) Collections: The company reported collections of Rs 7.16 billion for FY 2024-25, marking a 21.8% growth from Rs 5.88 billion last year. This performance highlights strong project execution and sustained customer confidence.

C) Area sold: Arkade sold 249,000 sq. ft. in FY 2024-25, a 22.7% increase from 203,000 sq. ft. in FY 2023-24. This growth is a reflection of improved project uptake and higher sales velocity.

FY24-25 achievements:

Launched three projects in Mumbai: Arkade Rare (Bhandup), Arkade Views, and Arkade Vistas (Goregaon)
Received 4 Occupancy Certificates (OCs) ahead of RERA schedule for Arkade Crown, Arkade Aspire, Arkade Aura, and Arkade Prime
Delivered 650+ possessions on time
Acquired 17.5 acres of land in western suburbs, with a projected GDV of Rs 67.9 billion

Amit Jain, Chairman and Managing Director of Arkade Developers, stated, “FY25 was a year of consistent performance and robust growth. Focused on timely execution, sales velocity, and customer satisfaction, we’ve achieved strong growth in sales and collections. Our improved operational efficiency sets a strong foundation for our future pipeline. As we move into FY26, we’re committed to expanding our development footprint across Mumbai and delivering value to all stakeholders.”

(BSE)

Key highlights for FY24-25: Area sold: 249,000 sq. ft., a YoY growth of 22.7% Pre-sales: Rs 7.73 billion, up 19.8% YoY Collections: Rs 7.16 billion, marking a 21.8% YoY growth Mumbai, 22nd April 2025: Arkade Developers Limited, a leading luxury real estate developer based in Mumbai, has announced its operational performance for FY 2024-25, recording notable growth in key financial metrics. Operational performance: A) Pre-sales: In FY 2024-25, Arkade Developers achieved Rs 7.73 billion in pre-sales, reflecting a 19.8% increase compared to Rs 645 crores in the previous year. This growth underscores the continued demand for Arkade’s residential offerings in the Mumbai region. B) Collections: The company reported collections of Rs 7.16 billion for FY 2024-25, marking a 21.8% growth from Rs 5.88 billion last year. This performance highlights strong project execution and sustained customer confidence. C) Area sold: Arkade sold 249,000 sq. ft. in FY 2024-25, a 22.7% increase from 203,000 sq. ft. in FY 2023-24. This growth is a reflection of improved project uptake and higher sales velocity. FY24-25 achievements: Launched three projects in Mumbai: Arkade Rare (Bhandup), Arkade Views, and Arkade Vistas (Goregaon) Received 4 Occupancy Certificates (OCs) ahead of RERA schedule for Arkade Crown, Arkade Aspire, Arkade Aura, and Arkade Prime Delivered 650+ possessions on time Acquired 17.5 acres of land in western suburbs, with a projected GDV of Rs 67.9 billion Amit Jain, Chairman and Managing Director of Arkade Developers, stated, “FY25 was a year of consistent performance and robust growth. Focused on timely execution, sales velocity, and customer satisfaction, we’ve achieved strong growth in sales and collections. Our improved operational efficiency sets a strong foundation for our future pipeline. As we move into FY26, we’re committed to expanding our development footprint across Mumbai and delivering value to all stakeholders.” (BSE)

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