Draft:Arkade Developers
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Last edited by Bearcat (talk | contribs) 0 seconds ago. (Update) |
 | |
| Company type | Private company |
|---|---|
| Industry | Real estate |
| Founded | 1986 |
| Founder | Amit Jain |
| Headquarters | Mumbai, Maharashtra, India |
Area served | Mumbai Metropolitan Region |
Key people | Amit Jain, Sandeep Jain, Arpit Jain |
| Products | Residential Commericial |
Number of employees | 200+[citation needed] |
| Website | arkade.in/ |
Arkade Developers[1] is a privately held Indian real estate[2] and construction company[3] founded in 1986 and headquartered in Mumbai,[4] Maharashtra.[5] Founded in 1986 by Mangilal Jain, the company is now led by Amit Jain, who serves as the Chairman and Managing Director.[6] Arkade has developed several residential colonies[7] and commercial spaces in the Mumbai Metropolitan Region[8] and Mumbai[9] including Carmichael Road, Tardeo, Mazgaon, Virar, Vasai, Mira Road, Borivali, Kandivali, Malad, Goregaon, Vile Parle & Kanjurmarg.[10][11]
History[edit]
Arkade Developers was founded in 1986[12] by Mangilal Jain. Established 35 years ago, Arkade has completed 28 projects in the Mumbai Metropolitan Region (MMR) and Mumbai.[13] [14] [15] The company currently has 9 ongoing projects in Mumbai and 5 more in the planning stages.[16]In February 2024, Arkade Developers received regulatory approval to raise Rs. 430 crore for an IPO, with the proceeds intended for ongoing and upcoming projects.[17][18][19]
Awards and recognition[edit]
| Year | Award(s) | Project | Awarding organisation | Result | Notes |
|---|---|---|---|---|---|
| 2024 | Iconic Residential Developer | Arkade Developers | Times Real Estate Conclave Awards 2023-24 | Won | [20] |
References[edit]
- ^ "Arkade Developers acquires three acre land in Mumbai from Copper Rollers for Rs 103.88 crore". economictimes. 4 October 2023.
- ^ "Arkade Group to file for IPO by next week, launch by December". moneycontrol. 25 August 2023.
- ^ "Arkade Group buys three-acre industrial land in Bhandup for ₹ 104 crore". hindustantimes. 28 September 2023.
- ^ https://www.moneycontrol.com/news/business/re-estate/arkade-group-to-file-for-ipo-by-next-week-launch-by-december-11249211.html
- ^ "Arkade Developers buys 3-acre plot in Mumbai for Rs 104 crore". thehindubusinessline. 28 September 2023.
- ^ "IPO-bound Arkade Developers plans Rs 700 cr investment in 3 projects". business-standard. 12 February 2024.
- ^ "Arkade Group launches seven projects in Mumbai, looks for a topline of Rs 2200 cr". financialexpress. 10 April 2023.
- ^ "Arkade Group buys Rs 103-crore plot from Bajaj group firm in Mumbai". economictimes. 9 February 2023.
- ^ "Mumbai real estate: Arkade Developers purchases 3 acres in Bhandup for Rs 103 crore". moneycontrol. 27 September 2023.
- ^ "Luxury Homes In Demand: Arkade Developers Sells 4 Flats at Record Rs 32.14 Crore In Mumbai". news18. 29 December 2022.
- ^ "ARKADE Group acquires plot in Mumbai from Hercules Hoists for Rs 90 crore". economictimes. 3 February 2023.
- ^ "Arkade Group to invest Rs 470 cr on new housing project in Mulund, Mumbai". business-standard. 4 July 2023.
- ^ "Arkade Developers files DRHP with SEBI for ₹430 crore IPO". livemint. 1 September 2023.
- ^ "Arkade Developers gets green signal from SEBI to launch its proposed IPO". livemint. 5 February 2024.
- ^ "Arkade Group Sells Four Luxurious Flats in Vile Parle (East) at Record Rate". business-standard. 29 December 2022.
- ^ "Arkade Developers files draft papers for Rs 430-crore IPO". moneycontrol. 1 September 2023.
- ^ "Arkade Group plans ₹600-crore IPO, likely around March 2024". thehindubusinessline. 17 January 2023.
- ^ https://www.moneycontrol.com/news/business/ipo/arkade-developers-files-draft-papers-for-rs-430-crore-ipo-11295981.html
- ^ https://www.livemint.com/market/stock-market-news/arkade-developers-gets-green-signal-from-sebi-to-launch-its-proposed-ipo-11707134112170.html
- ^ "Times Real Estate Conclave & Awards 2023-24". Times of India. 5 April 2024.