Tag: Arkade Developers

Latest StoriesResidential

Arkade to Invest ₹2,500 Crore in 5 Mumbai Projects by 2026

NEW DELHI: Arkade Developers is set to invest approximately ₹2,500 crore in the development of five residential projects across the Mumbai Metropolitan Region (MMR) in 2026. The projects are planned for Goregaon, Thane, Borivali, Malad, and Santacruz, collectively boasting a gross development value (GDV) exceeding ₹3,700 crore. The total developable area across these five projects will be 4.41 million sq ft, with a saleable carpet area estimated at around 1.4 million sq ft. The company is currently engaged in developing over 5.5 million sq ft of real estate and has delivered more than 650 residential units in FY25. Published On…

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Arkade Developers Q2 FY26 Profit Rises 6% to ₹45.8 Crore

NEW DELHI: Arkade Developers Ltd has reported a 6% increase in consolidated net profit, reaching ₹45.80 crore for the quarter ending in September, driven by higher revenue. In the same quarter last year, the net profit was ₹43.36 crore. Total income rose to ₹264.82 crore in the July-September quarter of this fiscal year, up from ₹203.33 crore during the same period last year, according to a regulatory filing. Mumbai-based Arkade Developers has successfully delivered over 5.5 million square feet of property, with another 2 million square feet currently under construction. Published On Oct 17, 2025 at 10:31 AM IST Join…

Latest StoriesRegulatory

Homebuyers can’t be denied housing membership due to builder’s default: HC

MUMBAI: The Bombay High Court has ruled that the rights of flat purchasers cannot be limited by a developer’s failure to fulfill obligations under a development agreement. This directive was issued to a housing society in Vile Parle (E), which was ordered to grant membership to 17 flat purchasers. Justice Amit Borkar, in an order on Friday, emphasized that membership in a cooperative society should be determined solely according to the Maharashtra Cooperative Societies Act, MCS Rules, and the society’s bye-laws. He dismissed 17 petitions from Jeevan Sarita CHSL, stating, “The eligibility of a purchaser to become a member must…

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Arkade Developers Buys Woollen & Textile Industries

NEW DELHI: Arkade Developers has signed a memorandum of understanding (MoU) to acquire 100% shareholding in Woollen and Textile Industries. This marks the company’s second acquisition in Bhandup West, Mumbai. The deal involves a land parcel measuring 14,363.60 sq meters, with a total consideration of ₹148 crore. Published On Sep 3, 2025 at 02:30 PM IST Join a community of over 2 million industry professionals. Subscribe to our newsletter for the latest insights & analysis delivered to your inbox. Access all ETRealty industry updates right on your smartphone!

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Arkade Developers Q1 FY26 Net Profit Drops 4.83%

NEW DELHI: Arkade Developers has reported a net consolidated profit decline of 4.83% for the quarter ending June 30, 2025. The company’s profit after tax was ₹28.75 crore in Q1 FY26, down from ₹30.21 crore in the same quarter last year, according to a BSE filing. The net consolidated total income for Q1 FY26 was ₹165.22 crore, reflecting a 31.64% increase from ₹125.51 crore recorded in the same quarter of the prior fiscal year. Amit Jain, the chairman and managing director, stated, “We are pleased to announce a robust year-on-year growth, with pre-sales up by 17.1% and collections increasing by…

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Arkade Developers buys Filmistan for ₹183 crore

Sure! Here’s a rewritten version of the content: AI-generated Representative Image NEW DELHI: Arkade Developers, based in Mumbai, has finalized a binding agreement to acquire a 100% stake in Filmistan for ₹182.95 crore. This acquisition will allow the company to develop a four-acre residential project on the site of Filmistan Studios in Goregaon West. Amit Jain, the company’s Chairman and Managing Director, stated, “We are focused on expanding our presence in the western suburbs, with several launches scheduled for early 2026.” The upcoming luxury project, set to launch in 2026, is projected to generate a gross development value (GDV) of…