Arkade Developers inks deal for ₹350 Cr redevelopment project in Goregaon West; check detailsArkade Developers inks deal for ₹350 Cr redevelopment project in Goregaon West; check details

Introduction

Leading real estate developer signed a Development Agreement for Jal Ratan Deep, a mixed-use redevelopment project in Goregaon West, featuring luxury residences and commercial spaces with ₹350 crore GDV.

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Share price movement of Arkade Developers

On February 5, 2026, Arkade Developers Ltd opened at ₹130.85, up 2.14% from its previous close of ₹128.15. The stock reached a high of ₹130.85 (2.14%) and a low of ₹125.20. By 1:21 PM, it traded at ₹126.20, a 1.52% decrease, with a market cap of ₹2,343.07 crore.

Arkade Developers Launches Goregaon Redevelopment Project

Arkade Developers Limited signed a Development Agreement for the Jal Ratan Deep project at Bangur Nagar, Goregaon West. The project has a projected Gross Development Value of ₹350 crore.

The redevelopment will cover a plot of approximately 4,640.60 sq. metres. It will include luxury 2- and 3-bedroom residences, designed to meet high-quality redevelopment standards.

The project will feature high-rise residential and commercial spaces. It aims to serve high-end users, strengthen Goregaon West’s mixed-use character, and enhance Bangur Nagar’s urban and commercial ecosystem.

Stock performance of Arkade Developers for Period of 1 week, 6 months, and 1 year

Arkade Developers Ltd delivered a 16.3% return over the past week, declined 30.5% in the past 6 months, and fell 19.9% over the past year.

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Shareholding pattern of Arkade Developers

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	71.10%	71.10%	71.10%
FII	0.20%	0%	1.20%
DII	0.10%	0.30%	0.10%
Public	29%	29%	27.60%

About Arkade Developers

Arkade Developers Ltd (NSE: ARKADE) is a leading Mumbai-based luxury real estate developer with 39 years’ legacy, 31 completed projects, and 5.5 million square feet developed.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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