Monthly Update22 Apr 2025, 04:31 pm
Arkade Developers Ltd Records X773 Crores in Pre-Sales in FY 2024-25
AI Summary
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. The company recorded robust pre-sales of INR 773 crores, marking a 19.8% increase from INR 645 crores. Collections stood at INR 716 crores, up by 21.8% YoY, and area sold was 249,000 sq. ft., compared to 203,000 sq ft in FY24, recording a 22.7% YoY growth. The company also launched three projects in the Mumbai, received 4 OC’s ahead of the RERA schedule, and delivered 650+ possessions.
Key Highlights
- Recorded X773 crores in pre-sales in FY24-25, a 19.8% YoY increase
- Collections closed at INR 716 crores, up by 21.8% YoY
- Area sold was 249,000 sq. ft., a 22.7% YoY growth
- Launched three projects in the Mumbai
- Received 4 OC’s ahead of the RERA schedule and delivered 650+ possessions