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Arkade Developers Limited reported robust operational performance for FY 2024-25, reflecting a strong demand for its residential properties in Mumbai. Pre-sales reached ₹773 crores, up 19.8% YoY, driven by a recorded area sold of 249,000 sq. ft., which marked a 22.7% increase from the prior year. Collections also showed significant growth, totaling ₹716 crores, a 21.8% increase compared to FY 2023-24.
Key developments included the launch of three new projects and the early receipt of occupancy certificates for four developments, underlining the company's commitment to timely delivery. Furthermore, Arkade acquired 17.5 acres of land in western suburbs, projected to generate a gross development value of ₹6,790 crores. The company's CEO highlighted a positive outlook for FY26, emphasizing a commitment to scaling operations and enhancing stakeholder value through efficient project management and customer satisfaction. Investors should watch closely as Arkade's strong performance and expansion strategies may present future growth opportunities.