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.