ARKADE DEVELOPERS LIMITED — Capital/Financing Update 2025

Apr 8, 2025

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• Ref No.: ADL/SE/25 26/3

Date: April 08, 2025

To, The Manager Corporate Relationship Department BSE Limited Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 BSE Scrip Code -544261

To, The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra (East), Mumbai - 400 051 NSE Symbol :ARKADE

Dear Sir/Madam,

Sub- Business Updates

Dear Sir/Madam,

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, With reference to our earlier intimation dated January 06, 2025, We further write to inform you that Arkade Developers Limited register Development Agreement for cluster redevelopment in Borivali west with an estimated GDV of ₹865 Crores.

We enclose herewith a copy of press release issued by the company in this regard.

You are requested to take the above information on your records.

Thanking You, For Arkade Developers Limited

(Formerly known as Arkade Developers Private Limited)

Digitally signed by AMIT MANGILAL JAIN AMIT DN: c=IN, o=Personal, title=9691, 2.5.4.20=4ecc0b692dd30c576a84 7733f57a5cdafaf69e1b47592110 7d680d07ab6298b7, MANGIL postalCode=400057, st=Maharashtra, serialNumber=36db146b044b87 d179433d3c13a51c336d1696f45 AL JAIN 4b4a158d8bafb115d1b85f5, cn=AMIT MANGILAL JAIN Date: 2025.04.08 11:11:25 +05'30'

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Amit Mangilal Jain Managing Director DIN: 00139764

Encl: As above

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Arkade Developers Registers Development Agreement for cluster redevelopment in Borivali west with an estimated GDV of ₹865 Crores

Mumbai, 8[th] April 2025 : Listed entity, Arkade Developers Limited has secured the cluster redevelopment rights and registered the DA (development agreement) for Satya Shreepal Nagar A CHS Ltd., Om Shreepal Nagar B & C CHS Ltd., Sheetal Shreepal CHS Ltd. and Sai Shreepal CHS Ltd; in proximity to Mahavir Nagar, the project spans 7,084 square meters and is set to deliver a projected saleable carpet area of approximately 2.44 lakh square feet.

The development carries an estimated top line of ₹865 crores, marking a significant addition to Arkade’s growing portfolio in the western suburbs. Situated in one of Mumbai’s well-connected residential zones, the cluster redevelopment project reflects the increasing momentum of largescale, community-focused transformations across the city. The project will be designed to blend modern lifestyle features with functional, sustainable architecture—an approach Arkade has become known for in its ongoing mission to enhance urban living standards.

Commenting on this latest milestone, Mr. Amit Jain, Chairman and Managing Director of Arkade Developers Limited, said, “At Arkade, it is our endeavor to not just redevelop buildings— but rebuild communities. This project is a reflection of our philosophy to bring people luxury homes, stronger infrastructure, and vibrant neighborhoods. This micro market has immense potential, and we are proud to be playing a pivotal role in shaping its future.”

The project reinforces Arkade Developers’ commitment to strategic, high-value redevelopment in Mumbai’s land-constrained environment and further strengthens its foothold as a trusted player in the city’s transformation narrative.

Arkade Developers continues to strengthen its presence in the MMR region with a robust pipeline of projects. With a focus on timely delivery and premium construction quality, the company remains at the forefront of Mumbai’s evolving real estate market, contributing significantly to the city’s urban transformation.

About Arkade Developers Limited: (NSE: ARKADE | BSE: BOM: 544261)

Arkade Developers is a leading luxury real estate developer in Mumbai and is listed on both the BSE (BOM:544261) and NSE (ARKADE). With a rich legacy spanning over 38 years, the company has established itself as a symbol of quality and excellence.

Under the leadership of Chairman and Managing Director Mr. Amit Jain, Arkade Developers has transformed into one of Mumbai’s most respected real estate firms.

Founded in 1986, the company has completed 31 projects, creating homes for over 5,500 happy families. Guided by the core philosophy of "Family First," Arkade Developers focuses on building

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family-friendly homes and upholds values such as trust, transparency, commitment, and happiness.

Known for its timely project deliveries, Arkade Developers has made a significant mark in the Mumbai real estate sector, having developed over 5.5 million square feet of property, with an additional 2+ million square feet currently under construction.

The company's commitment to quality is reflected in its meticulous planning, innovative designs, and use of advanced technologies, which ensure that every project is delivered on time and to the highest standards.

38+ years of legacy | 31 projects completed | 5.5+ M sq. ft. developed | 2+ M sq. ft. under development | 5500+ Happy Families | Listed on BSE & NSE | Pioneers in Timely Delivery

To know more, click: www.arkade.in

Media Contact:

Arkade Developers Riddhi Vira 9619776362 | riddhi@arkade.in