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

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

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)     

Next Story
Real Estate

Manglam, Fern Hotels Sign 200+ Key Apart’otel in Jaipur’s Pinkwalk

Manglam Group has signed a 200+ key serviced apart’otel under the Fern Habitat brand in Jaipur, marking a key milestone in its Rs 10 billion hospitality investment strategy. Located within Pinkwalk, Manglam’s flagship mixed-use development in Jagatpura, the project will cater to both short and extended-stay travellers with apartment-style units paired with hotel services. The Fern Habitat Pinkwalk will offer fully serviced accommodations with kitchenettes, daily housekeeping, and on-site dining. The concept blends the independence of apartment living with the comfort of hotel-grade am..

Next Story
Real Estate

Schon Doorways Launches Monsoon-Ready Aluminium Casement Windows

Schon Doorways, a premium player in doors and window solutions, has launched its new range of aluminium casement and sliding windows, designed specifically to endure the Indian monsoon. Engineered with high-performance tempered glass and ultra-slim aluminium profiles, the windows combine aesthetic appeal with monsoon resilience. Available in single and double track options, the windows offer anti-collision strips, flyscreens, and high load-bearing strength—providing protection against heavy rains, strong winds, and pests. Wall thickness ranges from 1.6 mm to 5.00 mm, offering flexibilit..

Next Story
Resources

LG Charts Global HVAC Leadership With AI, Acquisitions and Localisation

LG Electronics has unveiled a strategic roadmap to transform its ES Company into a top-tier global HVAC solutions provider by 2030, targeting KRW 20 trillion in revenue. The plan, announced at LG Sciencepark, South Korea, focuses on expanding B2B industrial sales, advancing AI-based technologies for data centres, and strengthening localised operations across key regions. Central to LG’s roadmap is growth in the fast-expanding data centre cooling segment. With the global chiller market projected to reach USD 12 billion by 2027, LG aims for KRW 1 trillion in sales by 2027. The company has..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?