Arkade Group

What Arkade Group does

Arkade Developers Ltd is a Mumbai-based residential real estate developer founded in 1986 by Mr. Mangilal Jain and Mr. Amit Jain, listed on the BSE and NSE (NSE:ARKADE) since September 2024. The company builds premium and luxury 2-4 BHK apartments, select villas, and limited commercial spaces across Mumbai's western and central suburbs — Goregaon, Malad, Mulund, Vile Parle, Bhandup, and Santacruz — with 32+ delivered projects totaling over 5.5 million sq ft and approximately 2.2 million sq ft currently under development. Its core technology stack is conventional real estate development (land acquisition, design, construction, RERA-compliant sales) rather than proprietary software; the company maintains ISO 9001:2015 and ISO 45001:2018 certifications and MahaRERA registration across all ongoing projects.

The business model is transaction-based: revenue is recognized on unit sales of residential apartments, with pricing varying by project, configuration, floor, and facing (no public price disclosure). Arkade goes to market via a direct-to-consumer channel — in-house sales teams, on-site project sales offices, an NRI Corner service for international buyers, a Shubharambh flexible payment plan, and multi-channel marketing (social media, Arkadeology newsletter, blog, PR, WhatsApp). Q3 FY26 revenue was ₹267 Cr (+21% YoY) and Q2 FY26 was ₹265 Cr (+30% YoY), with FY25 net profit of ₹157 Cr (+27.7%) on ₹773 Cr pre-sales and ₹716 Cr collections.

Post-IPO, the company has pursued aggressive expansion: ₹2,500 Cr earmarked for five new MMR projects, a ₹12,000+ Cr project pipeline, five project launches planned for 2026 with ₹3,700+ Cr projected GDV, and eight 2025 acquisitions/development agreements totaling roughly ₹2,963 Cr across Goregaon, Thane, Dahisar, Malad, Borivali, Bhandup, plus the Filmistan Studios and Woollen & Textile Industries deals. The August 2025 acquisition of Bangur Nagar Metro Station naming rights signals an infrastructure-led ecosystem buildout. Geographic scope remains domestic India, focused entirely on the Mumbai Metropolitan Region.

Name

Arkade Group

Legal name

Arkade Developers Ltd

Website

https://arkade.in

Company type

Public

Founded year

1986

Operating status

Operating

Headcount range

101–250 employees

Short description

Arkade Developers Ltd is a Mumbai-based, public-listed (NSE:ARKADE) residential real estate developer founded in 1986, building premium 2-4 BHK apartments across Mumbai's western, central, and Thane suburbs for end-user homebuyers, families, and NRI investors, with 32+ delivered projects and a ₹12,000+ Cr project pipeline.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

Land Subdivision (2372), Lessors of Residential Buildings and Dwellings (53111)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industry

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

Keywords

• Residential real estate development
• Luxury apartments Mumbai
• Society redevelopment services
• Commercial property development
• Premium housing projects

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Others, Marketing or Sales, Personnel

Revenue model

1. Residential Property Sales: Arkade Developers generates revenue through the sale of residential apartments and villas across its portfolio of projects in Mumbai. Revenue is transaction-based, driven by unit sales across ongoing and completed projects in premium and luxury segments.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Arkade Developers develops premium and luxury residential real estate across Mumbai's western and central suburbs, offering 2–4 BHK apartments and villas under branded projects such as Arkade Sapphire, Eden, Nest, Pearl, Evoke, Vistas, Views, and Rare. The company also provides society redevelopment services and a dedicated NRI Corner assisting non-resident Indians with property purchase documentation, financing, and compliance. Revenue is generated through direct unit sales to homebuyers, NRI buyers, and investors across Mumbai Metropolitan Region.

Product overview

Arkade Developers is a Mumbai-based real estate development company offering a portfolio of residential projects across Mumbai's western and central suburbs. The product portfolio consists of multiple named residential projects including ongoing developments (Arkade Sapphire, Nest, Pearl, Evoke, Vistas, Views, and Rare), completed projects (Arkade Eden with OC received, Aura, Crown, Aspire), and upcoming projects. Projects offer various configurations from 2 BHK to 4 BHK premium homes, with amenities such as swimming pools, fitness centres, landscaped gardens, and community spaces. The company also provides services for NRI buyers, flexible payment plans (SHUBHARAMBH), and society redevelopment projects. Recent strategic moves include metro station naming rights and land acquisitions for future development.

Differentiator

Problem solved

Functional benefit

Products and services

• Arkade Sapphire Exclusive residential development in Santacruz West offering ultra-grand 3 Bed Suites within a low-density gated community featuring 28 residences across 8 habitable levels, eco-deck, three podium levels, and 4-tier security system.
• Arkade Eden Premium residential project in Malad West offering luxurious 2 and 3 Bed Residences with modern amenities, ready for possession with OC received.
• Arkade Nest Premium residential project in Mulund West offering 2, 3, 3.5, and 4 BHK homes across six wings and 22 floors with family amenities.
• Arkade Pearl Premium residential project in Vile Parle East offering 2 BHK and 3 BHK residences with decks in a 6-wing, 8-story development.
• Arkade Evoke Premium residential project in Goregaon West, Bangur Nagar, offering 2 and 3 BHK residences with modern amenities including vehicular-free eco deck, hobby room, indoor games arena, and lap pool.
• Arkade Vistas Premium residential project in Goregaon East offering 2 BHK and 3 BHK residences with wellness-inspired amenities in a 2-wing, 21-story development.
• Arkade Views Luxury residential project in Goregaon East offering 2 BHK and 3 BHK residences in a single-wing, 21-story development with premium amenities.
• Arkade Rare Luxury residential development in Bhandup West offering 2 and 3 BHK residences across 7 wings and 21 stories with premium amenities and an integrated commercial component.
• NRI Corner Service Dedicated service for Non-Resident Indians (NRIs) buying property in India, providing end-to-end assistance including guidance on eligibility, documentation, financing, payment methods, tax implications, legal due diligence, and repatriation of funds.
• Society Redevelopment Services Society redevelopment services where Arkade acquires rights to redevelop existing residential society properties, including cluster redevelopment projects in Borivali West, Dahisar East, and Bangur Nagar Goregaon West.

Quantifiable outcome

• Arkade Evoke launch drove 4.23% stock price increase
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Woollen and Textile Industries LtdcoreStrategic or Co-development Partner · 3 September 2025Arkade Developers signed a Share Purchase Agreement to acquire 100% shareholding of Woollen and Textile Industries Ltd, marking its second acquisition in the Bhandup area. The acquisition included a 14,364 sq metre land parcel for ₹148 crore.
• Bangur Nagar Metro Station (Mumbai Metro)minorStrategic or Co-development Partner · 19 August 2025Arkade Developers acquired naming and branding rights for Bangur Nagar Metro Station on Mumbai Metro Line 2A. The station was renamed 'Arkade Bangur Nagar Metro Station' as a strategic branding move aligned with infrastructure-led growth.
• Filmistan Pvt LtdcoreStrategic or Co-development Partner · 3 July 2025Arkade Developers entered into a binding agreement to acquire Filmistan Studios' four-acre land in Goregaon for ₹183 crore. The company plans to develop a residential project with a projected GDV of ₹3,000 crore.
• Tata Memorial HospitalminorStrategic or Co-development PartnerThrough its CSR initiative 'Care per Sq. Ft.' in collaboration with Sajjan Jain Support Trust, Arkade supports cancer patients at Tata Memorial Hospital, demonstrating commitment to healthcare and social responsibility.
• Sajjan Jain Support TrustminorOthersArkade's charitable arm handles CSR activities including education sponsorship for visually impaired students (in partnership with NAB India), cancer patient support at Tata Memorial Hospital, and general community welfare initiatives.

Scale indicators15 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Lodha Developers (Macrotech Developers): Largest listed Mumbai-focused residential developer with a premium/luxury portfolio across MMR. Directly comparable to Arkade in product positioning (luxury apartments), geography (Mumbai), business model (build-to-sell developer), and target segment (urban affluent buyers), but with substantially larger scale and national footprint.
• Oberoi Realty: Mumbai-based listed luxury residential and commercial developer with a strong premium positioning similar to Arkade. Comparable product mix (luxury 2-4 BHK apartments in prime Mumbai locations), similar customer segment (HNIs, NRIs, end-users), and similar public-market listed structure.
• Godrej Properties: One of India's largest listed residential developers with significant Mumbai presence alongside national operations. Comparable in being a publicly listed developer of premium residential projects, though operates at much larger scale and broader geographic footprint.
• Prestige Group (Prestige Estates Projects): Listed Indian residential developer focused on premium and luxury housing, comparable in product positioning and listed-developer status. Geographic focus is more South-India-centric, making it a comparable in business model and tier rather than exact market overlap.
• Brigade Enterprises: Listed Indian residential and commercial developer with premium segment focus. Comparable in listed-developer status, residential-led business model, and tier positioning, though South-India-centric in operations.
• Sobha Limited: Listed Indian residential developer with backward-integrated construction capabilities and premium positioning. Comparable in listed status, premium residential focus, and developer business model, though concentrated in South India.
• Mahindra Lifespace Developers: Listed Indian residential developer with Mumbai presence as part of a national portfolio. Comparable in being a publicly listed residential developer targeting premium urban buyers, though with a broader geographic footprint.

Broad incumbents

• DLF Limited: India's largest real estate developer by market cap with a national footprint in residential, commercial, and retail. Comparable as a broad incumbent in the Indian listed residential developer universe, though much larger and far more diversified than Arkade.

Regional players

• Hiranandani Group: Privately held Mumbai-focused developer known for large-scale township projects (Powai, Thane). Comparable in Mumbai luxury positioning and large-mixed-use community developments, but privately held and operates at a different scale/structure.
• Piramal Realty: Mumbai-based luxury residential developer with premium positioning across MMR. Comparable in targeting Mumbai luxury buyers with high-end apartments, but privately held and more concentrated in the South-Central Mumbai micro-markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/c/ArkadeGroupOfficial
• Facebookfacebook.com/ArkadeGroup
• LinkedInlinkedin.com/company/arkade-group
• Instagraminstagram.com/arkadedevelopersltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arkade Group