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Stock Report
Arkade reinforces its presence in the Goregoan-Malad corridor with the successful launch of a new luxury project, having a GDV of ₹230 crore
Posted On : 2026-03-26 11:24:06( TIMEZONE : IST )
Arkade Developers, one of Mumbai's most trusted real estate brands has announced the launch of Arkade Evoke, a project appealing to the luxury buyer with GDV of 230 crores. This marks Arkade's 8th residential development in the belt, further strengthening its footprint there.
Strategically located in Goregaon West, the project is spread across 1.09 acres and benefits from strong connectivity, including proximity to Arkade Bangur Nagar metro station, an important driver of residential demand in Mumbai's western suburbs.
Positioned in the premium 2 and 3 BHK segment, christened Arkade Evoke, reinforces the developer's focus on creating well connected, lifestyle-led housing that caters to discerning urban homebuyers.
Designed to reflect evolving buyer preferences, the development features thoughtfully planned residences with balconies, particularly in the 3 BHK configurations. The inclusion of private outdoor spaces, surface parking and astute planning that allows for cross ventilation, addresses a growing demand among luxury homebuyers for enhanced liveability and openness, an attribute that has gained increasing prominence in Mumbai's premium housing landscape.
Commenting on the launch, Mr. Amit Jain, CMD, Arkade developers limited said, "The response has been overwhelming, even in these challenging market conditions. Customers have clearly understood the brand and product value, marking the launch of Arkade Evoke as a grand success in this micromarket. This project further reflects our strategy of strengthening our presence in well-established residential micro-markets, where connectivity, infrastructure, and sustained end-user demand converge. Our focus remains on delivering thoughtfully designed homes that align with evolving urban lifestyles."
Shares of Arkade Developers Limited was last trading in BSE at Rs. 104.05 as compared to the previous close of Rs. 101.70. The total number of shares traded during the day was 24350 in over 297 trades.
The stock hit an intraday high of Rs. 107.05 and intraday low of 102.00. The net turnover during the day was Rs. 2551874.00.
