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)

Infrastructure Urban

31 Oct 2025

CMPDI installs bio-toilets to boost sanitation and hygiene

The Central Mine Planning and Design Institute (CMPDI), a subsidiary of Coal India Limited under the administrative control of the Ministry of Coal, has installed six modern bio-toilets equipped with bio-digesters and water tanks across various locations in Ranchi. The initiative was carried out under the ongoing Special Campaign 5.0, underscoring CMPDI’s commitment to cleanliness and sustainable sanitation. This effort forms part of a nationwide drive to enhance hygiene standards and improve efficiency in public offices. It aligns with the Government of India’s Swachh Bharat Mission and ..

Infrastructure Urban

31 Oct 2025

PM Modi unveils Rs 12.19 billion projects in Kevadia

Prime Minister Shri Narendra Modi inaugurated and laid the foundation stones for development projects worth Rs 12.19 billion in Kevadia on the eve of Sardar Vallabhbhai Patel’s 150th birth anniversary. The projects include the Birsa Munda Bhavan—an iconic centre dedicated to Bhagwan Birsa Munda—a residential complex for GSEC and SSNNL employees, the first phase of the hospitality district, and a Bonsai Garden. During the visit, the Prime Minister also flagged off a fleet of electric buses in Kevadia, an initiative aimed at providing comfortable and sustainable transport facilities for v..

Infrastructure Transport

31 Oct 2025

New metro link to connect Delhi airport’s T1 and T3

A new metro station will be part of the upcoming Golden Line to provide direct connectivity between Delhi airport’s Terminal 1 (T1) and Terminal 3 (T3), a senior official confirmed. Among the three terminals at the Indira Gandhi International Airport, Terminals 2 and 3 are located close to each other, while Terminal 1 lies a few kilometres away. In an interview with PTI, Delhi International Airport Ltd (DIAL) CEO Videh Kumar Jaipuriar said that the new integrated station is being planned to link Aerocity with Terminal 1. “The Golden Line was earlier planned to terminate at Aerocity. We h..