Arkade Developers Launches Arkade Evoke Luxury Project in Goregaon West
Arkade Developers has announced the launch of Arkade Evoke, a luxury residential project in Goregaon West with a GDV of ₹230 crores. This marks the company's eighth residential development in the Goregaon-Malad belt, featuring premium 2 and 3 BHK configurations across 1.09 acres with proximity to metro connectivity.

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Arkade Developers has announced the launch of Arkade Evoke, a luxury residential project in Goregaon West with a Gross Development Value of ₹230 crores. The announcement was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, marking the company's eighth residential development in the Goregaon-Malad belt.
Project Overview
Arkade Evoke is strategically positioned in the premium 2 and 3 BHK segment, spread across 1.09 acres in Goregaon West. The project benefits from strong connectivity, including proximity to Arkade Bangur Nagar metro station, which serves as an important driver of residential demand in Mumbai's western suburbs.
| Project Details: | Information |
|---|---|
| Project Name: | Arkade Evoke |
| Location: | Goregaon West |
| Area: | 1.09 acres |
| Gross Development Value: | ₹230 crores |
| Configuration: | Premium 2 and 3 BHK |
| Belt Position: | 8th residential project in Goregaon-Malad |
Strategic Market Position
The luxury development reinforces Arkade's presence in the Goregaon-Malad corridor, further strengthening its footprint in this established residential micro-market. The project is designed to reflect evolving buyer preferences with thoughtfully planned residences featuring balconies, particularly in the 3 BHK configurations.
Management Commentary
Commenting on the launch, Mr. Amit Jain, CMD of Arkade Developers Limited, stated that the response has been overwhelming even in challenging market conditions. He emphasized that customers have clearly understood the brand and product value, marking the launch as a grand success in this micro-market.
Company Profile
Arkade Developers is a leading luxury real estate developer in Mumbai, listed on both BSE and NSE. With a legacy spanning over 39 years under the leadership of Chairman and Managing Director Mr. Amit Jain, the company has completed 31 projects and created homes for over 5,500 families. The company has developed over 5.5 million square feet of property, with an additional 2+ million square feet currently under construction.
Historical Stock Returns for Arkade Developers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.97% | -6.26% | -12.92% | -42.90% | -33.82% | -39.76% |
How will the upcoming completion of metro connectivity projects in the Goregaon-Malad belt impact property values and sales velocity for Arkade's portfolio?
What is Arkade Developers' pipeline strategy for expanding beyond the Goregaon-Malad corridor into other Mumbai micro-markets?
How might rising construction costs and interest rate changes affect the project's profitability and delivery timeline?


































