Arkade (ARKADE) Share News & Alerts
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Arkade Developers rises after securing cluster redevelopment project in Mumbai
▲ Bullish -2.0%
Arkade Developers has acquired the cluster redevelopment rights for 9 housing societies in Kandivali East, Mumbai, with a major projected Gross Development Value (GDV) of Rs 1,100 crore. This project substantially strengthens the company's long-term revenue visibility and order pipeline in its core micro-market. From a positional standpoint, this high-margin development asset is likely to sustain accumulator and swing long interest over the multi-week timeframe as execution visibility improves.
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