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Bloomberg Quint

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Arkade Developers Targets Overall 20% Growth In FY26, Led By New Projects

  • Arkade Developers Ltd. is aiming for a 20% growth in FY26 led by four new project launches including Filmistan and three redevelopment projects in Mumbai.
  • The company targets a top line revenue of Rs 3,500 crore to Rs 4,000 crore in FY26 from these launches.
  • They recently acquired a 6.28-acre land parcel in Thane for Rs 172.5 crore with an estimated gross development value of Rs 2,000 crore.
  • The Thane project will comprise five high-rise towers with two, three, and four BHK apartments, expected to be launched in early 2026.
  • Arkade Developers emphasizes the premium nature of the project with ample ground space for amenities, having secured principal approvals and awaiting environmental clearance.
  • Despite competition in Thane's real estate market, Arkade Developers sees it as an opportunity due to available land, market maturity, and affordability.

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