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)

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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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