Mumbai, 22nd April 2025: Listed entity Arkade Developers Limited, a prominent luxury real estate developer in Mumbai, announced its operational performance for the fourth quarter ended on 31st March 2025 and FY 2024-25.
Operational Performance:
A) Pre–Sales –
During FY25, Arkade Developers achieved robust pre–sales of INR 773 crores, marking a 19.8% increase from INR 645 crores. This growth reflects the continued demand for the residential portfolio of Arkade in the Mumbai region.
B) Collections –
Collections for the year stood at INR 716 crores, up by 21.8% when compared to the previous year, driven by strong execution and sustained customer confidence.
C) Area Sold –
Arkade sold 249,000 sq. ft. in FY25, compared to 203,000 sq ft in FY24, recording a 22.7% YoY growth. This unprecedented growth reflects improved project uptake and velocity.
Quarterly Performance – Q4 FY25 –
- Pre–Sales: INR 217 crores, up 10.6% YoY
- Collections: INR 238 crores, up 35.2% YoY
- Area Sold: 70,000 sq ft up 9.4% YoY
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Full Year Comparison: |
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Particulars |
FY 2024-25 |
FY 2023-24 |
% Change |
|
Pre–Sales (Rs. crores) |
773 |
645 |
19.8% |
|
Collection (Rs. crores) |
716 |
588 |
21.8% |
|
Area Sold ( ‘000 Sq.ft.) |
249 |
203 |
22.7% |
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Q4 Comparison: |
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|
Particulars |
Q4 FY25 |
Q4 FY24 |
% Change |
|
Pre–Sales (Rs. crores) |
217 |
196 |
10.6% |
|
Collection (Rs. crores) |
238 |
176 |
35.2% |
|
Area Sold ( ‘000 Sq. ft.) |
70 |
64 |
9.4% |
FY24–25 Achievements:
- Launched three projects in the Mumbai – Arkade Rare (Bhandup), Arkade Views & Arkade Vistas (Goregoan)
- Received 4 OC’s ahead of the RERA schedule – Arkade Crown, Arkade Aspire, Arkade Aura and Arkade Prime
- 650+ possessions – a testament to timely delivery
- Cumulatively acquired 15.5 acres of land parcel in western suburbs with a projected GDV of INR 8590 crores
Mr. Amit Jain, Chairman and Managing Director, Arkade Developers, said, “FY25 was a year of consistent performance and robust momentum. With a sharp focus on timely execution, sales velocity and customer satisfaction, we have witnessed significant growth in top-line sales and collections. The improved operational efficiency and disciplined project management have laid a strong foundation for future pipelines. As we enter FY26, we remain committed to scaling our development footprint across Mumbai, while delivering value to all our stakeholders.”