Arkade Developers Ltd Share Price – NSE  / BSE

Realty, Small Cap

The project marks the company?s eighth residential development in the micro-market, further strengthening its presence in the western suburbs of Mumbai. Strategically located in Goregaon West, the development spans 1.09 acres and benefits from strong connectivity, including proximity to the Arkade Bangur Nagar metro station, a key driver of residential demand in the region.

Positioned in the premium 2- and 3-BHK segment, Arkade Evoke reflects the developer?s focus on well-connected, lifestyle-orientated housing for urban homebuyers. The project features thoughtfully designed residences with balconies, particularly in 3 BHK units, along with private outdoor spaces, surface parking, and layouts that enhance cross ventilation.

The company said these design elements cater to the growing demand for improved liveability, openness, and modern amenities in Mumbai?s premium housing segment.

Amit Jain, CMD, Arkade developers, said, ?The response has been overwhelming, even in these challenging market conditions. Customers have clearly understood the brand and product value, marking the launch of Arkade Evoke as a grand success in this micromarket. This project further reflects our strategy of strengthening our presence in well-established residential micro-markets, where connectivity, infrastructure, and sustained end-user demand converge. Our focus remains on delivering thoughtfully designed homes that align with evolving urban lifestyles.?

Arkade Developers is a real estate development company concentrating on the development of premium aspirational lifestyle residential premises in Mumbai, Maharashtra, India?s commercial capital. The company is engaged in the development of new projects (development/construction of residential premises on land acquired by the company) and redevelopment of existing premises.

The company's consolidated net profit tumbled 19.54% to Rs 40.30 crore in Q3 FY26 as against Rs 45.81 crore posted in Q3 FY25. Revenue from operations fell 12.42% year-on-year to Rs 196.73 crore in the quarter ended 31 December 2025.

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Arkade Developers has registered the Development Agreement for the cluster redevelopment of Shree Rani Sati Nagar Co-operative Housing Society, located at SV Road, Malad West. The project spans a total plot area of approximately 6,553 square metres and is proposed as a large-scale cluster redevelopment with an estimated Gross Development Value of around Rs 700 crore.

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The project spans a total plot area of approximately 6,553 square metres and is planned as a large-scale cluster redevelopment with an estimated gross development value (GDV) of around Rs 700 crore.

Strategically situated along SV Road, the project offers strong connectivity to key business districts, social infrastructure, and major transport corridors in Mumbai?s western suburbs. Under the proposed development, Arkade Developers will deliver a modern residential project aligned with contemporary urban living standards, while upgrading lifestyle amenities and infrastructure for existing society members. The development further strengthens the company?s presence in the western suburbs, a key focus market.

This follows the recent registration of a development agreement for a redevelopment project in Goregaon West, spanning 4,640.60 square metres with a projected GDV of Rs 350 crore. With the addition of the Malad West project, the company continues to expand its redevelopment pipeline across Western Mumbai, particularly in the Goregaon?Malad micro market.

Amit Jain, chairman & managing director, Arkade Developers said ?Cluster redevelopment remains a core growth driver for Arkade Developers, and this project at Malad West reinforces our commitment to transforming aging housing stock into futureready residential communities. Shree Rani Sati Nagar?s strategic location and scale make it a landmark opportunity, and we are confident of creating long-term value for residents, stakeholders, and homebuyers.?

Arkade Developers is a real estate development company concentrating on the development of premium aspirational lifestyle residential premises in Mumbai, Maharashtra, India?s commercial capital. The company is engaged in the development of new projects (development/construction of residential premises on land acquired by the company) and redevelopment of existing premises.

The company's consolidated net profit tumbled 19.54% to Rs 40.30 crore in Q3 FY26 as against Rs 45.81 crore posted in Q3 FY25. Revenue from operations fell 12.42% year-on-year to Rs 196.73 crore in the quarter ended 31 December 2025.

The counter shed 0.33% to Rs 121.15 on the BSE.

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Arkade Developers has registered a Development Agreement for mixed use redevelopment project at Goregoan West with projected GDV of Rs 350 crore.

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