- Business
- Arkade Developers Ltd. operates as a real estate development company focused on high-end, sophisticated lifestyle residential developments and redevelopment projects in Mumbai, Maharashtra, India. The company develops and constructs premium residential premises on acquired land, including 2BHK, 3BHK, and 4BHK units with modern amenities in micro-markets such as Goregaon East, Borivali West, Santa Cruz West, Mulund West, Vile Parle East, Malad West, and Dahisar; it also undertakes redevelopment of existing buildings, having completed 10 such projects in Mumbai's western suburbs and south-central areas with approximately 1 million square feet of built-up area from 2003 to 2024. Arkade Developers serves customers primarily in the Mumbai Metropolitan Region (MMR), with a track record of launching 1,220 residential units and selling 1,045 units between 2017 and Q1 2024 across 2.20 million square feet of developed residential properties; founded in 1986, the company is headquartered in Mumbai under the leadership of Chairman and Managing Director Amit Jain and maintains a listed presence on BSE and NSE under ticker ARKADE.NS.
In recent developments, Arkade Developers acquired 100% shares in Filmistan Private Limited for Rs 182.95 crore in July 2025, making it a wholly-owned subsidiary, followed by NCLT Mumbai's approval in November 2025 of a demerger scheme to integrate Filmistan's rental business—contributing 87.30% of its FY2025 turnover—into Arkade Developers effective August 1, 2025, aimed at streamlining operations and enhancing administrative efficiency. The company secured redevelopment rights for a 1.1-acre site in Goregaon-Malad offering 86,000 square feet of RERA saleable area and Rs 350 crore revenue potential, marking its fifth acquisition in the area, alongside a 6.5-acre project in Dahisar and a development agreement in Malad West in early 2025; it also allotted equity shares upon loan conversion in September 2025 and reported 30% revenue growth in Q2 FY26 with plans for major FY27 project launches.