Press Release

Ref No.: ADL/SE/26-27/36 Date: August 19, 2026 To, To, The Manager The Manager Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 BSE Scrip Code -544261 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, Enclosed copy of business development of the Company. You are requested to take the above information on your records. Thanking You, For Arkade Developers Limited Amit Mangilal Jain Managing Director DIN: 00139764 Encl: As above Arkade Developers adds 4 Cluster Redevelopment Projects in Western Mumbai, eyes turnover of ~ INR 5000 CR Mumbai, August 19, 2026: With the aim of strengthening its presence across Western Mumbai, Arkade Developers Limited, one of Mumbai’s leading luxury real estate developers, has added four new redevelopment projects across key micro-markets in the western suburbs. Collectively, the projects span approximately 45,204 sq. m. (11.17 acres) across Malad West, Kandivali West, Kandivali East and Borivali West. Together, they have an aggregate projected saleable carpet area of approximately 15 lakh sq. ft. and a projected turnover potential of around 5000 Crore. Among the newly added developments are projects in the sought-after Ashok Nagar area of Kandivali East and Shankar Lane in Kandivali West. Together, these two projects comprise a plot area of approximately 12,611.5 sq. m., with a projected saleable carpet area of 3.5 lakh sq. ft. and an estimated Gross Development Value of ₹1,100 crore. The Malad West redevelopment spans approximately 8,428 sq. m. and is expected to offer a projected saleable carpet area of 2.5 lakh sq. ft., with a turnover potential of approximately ₹900 crore. The largest of the developments is the cluster redevelopment at Yogi Nagar – Plot B in Borivali West. Spread across approximately 24,165 sq. m., the project is expected to offer a projected saleable carpet area of 9 lakh sq. ft. and has a potential turnover of approximately ₹3,000 crore. The addition of these redevelopment projects further strengthens Arkade Developers’ development pipeline across some of Mumbai’s established residential micro-markets, while reinforcing its commitment to delivering high-quality, thoughtfully planned developments across the city. Collectively, the projects have an estimated construction area of approximately 51 lakh sq. ft., further underscoring the scale and potential of Arkade Developers’ expanding redevelopment portfolio. Commenting on the 2026 vision, Mr. Amit Jain, Chairman and Managing Director, Arkade Developers Limited, stated, “With rapid urbanization, advancements in technology, and evolving consumer preferences, the industry is poised to redefine its trajectory. Recent reports suggest that the sector will play a crucial role in shaping India’s economic landscape, with its contribution to GDP expected to rise from the current 7.3 per cent to nearly 15 per cent by 2030, alongside continued market expansion.” Mr. Jain further added, “Redevelopment is a crucial part of Mumbai’s real estate growth journey and remains a core strength of our brand as we contribute to the city’s ever-evolving skyline. A testament to our efforts is the recent milestone achieved at Arkade Eden in Malad West, where we received the Occupancy Certificate (OC) nine months ahead of the committed RERA date.” About Arkade Developers Ltd: Arkade Developers is a leading luxury real estate developer in Mumbai and is listed on both the exchanges, BSE (544261) and NSE (ARKADE). With a rich legacy spanning over 40 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. The company has completed 32 projects and created homes for over 5,500 happy families. Guided by the core philosophy of "Family First," Arkade Developers focuses on building 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. 40 years of legacy | 32 projects completed | 5.5+ M sq. ft. developed | 2+ M sq. ft. under development | 5,500+ Happy Families | Listed on BSE & NSE | Pioneers in Timely Delivery | ISO 9001-2015 & 45001-2018 Certified For more information, visit: https://arkade.in/