In 1996, the company constructed small-scale projects with selling price of Rs 15 lakh per flat for 14 units seven story building and today, our projects average 200–300 units with prices starting from Rs1.5 - Rs2 crore. Arkade has moved from being a builder to a brand. —expanding its footprint from the western suburbs to South Mumbai, and more recently, to Thane and the eastern corridor including Bandup and Mulund, Virar.
IPO as a Growth Lever
Arkade Developers last month completed 1 Year of Public Listing. But, unlike others, our IPO wasn’t about clearing loans. It was about growth. We acquired land in Borivali and Thane, and funded ongoing construction. Beyond capital, IPO has elevated Arkade’s credibility in the eyes of buyers, vendors, and societies considering redevelopment.
Redevelopment vs New-Builds
In Mumbai’s land-starved market, redevelopment has long been the default mode of supply. But, there’s always a difference—financial & psychological— between old members and new buyers in a redevelopment project, such as friction on maintenance, service standards, and community dynamics. For buyers spending Rs3–6 crore, that disconnect can be a dealbreaker. People want like minded neighbours.
Landmark Acquisition Of Filmistan Pvt Ltd
Filmistan Studios holds immense emotional and legacy significance for Mumbai, and we are privileged to be entrusted with shaping its next chapter. This acquisition for a total outlay of ~Rs 183 crores will enable us to develop the iconic 4-acre land parcel into a new benchmark for uber-luxury living in Goregaon West and will be our foray in the uber luxury segment.
Buyer Expectations and Festive Momentum
With six projects nearing completion by March 2027 and seven upcoming launches, the company is riding a wave of consumer confidence. Arkade is leveraging festive sentiments with ready-to-move inventory and possession-linked offers and festive schemes like Shubharambh and the 20:80 payment plan for homebuyers.
Advice to Buyers and Industry Peers
In a market where brochures often promise more than they deliver, homebuyers should check what’s actually delivered, assess the developer’s history, track record and service responsiveness. On the other end, developers should not over leverage themselves. The post-sale experience also matters just as much as the product itself.
Organic growth may take time, but it’s sustainable. Fair practices and good work always pay in the long term.









