Arkade Developers Ltd management interview: Arkade Developers Q4: Strong Sales Growth Driven by New Launch in Goregaon | Amit Jain's F727 View
ET Now, 2026-06-01. Video: https://www.youtube.com/watch?v=ljyZM5lpNEk
- FY27 launch pipeline: Arkade plans to launch three projects with a combined pre-sales potential of around ₹2,900 crore, comprising a ₹2,000 crore greenfield development in Thane alongside two redevelopment projects in Malad and Santacruz.
- Filmistan project timeline: The ultra-luxury Goregaon West development carries a gross development value of nearly ₹3,500 crore, with aviation and environmental approvals expected in 3 to 6 months ahead of a target launch by late calendar year or early next year.
- Construction cost headwinds: Severe labor shortages and industrial fuel constraints are driving up wages and material costs, which is anticipated to raise overall construction expenses by at least 10% to 15% year-on-year.
- New market expansion: Beyond the Mumbai Metropolitan Region, the company is exploring concept-based senior living and second-home developments in Karjat and Nashik, while progressing on an ₹1,100 crore cluster redevelopment in Kandivali.