Arkade Developers Receives Vile Parle Occupation Certificate; Shares Fall 2.53%

Mumbai, August 25: Arkade Developers Limited has received the Occupation Certificate for its residential project in Vile Parle, Mumbai, with the company stating that the project has been completed in accordance with approved plans and local building regulations.

According to the company’s exchange disclosure dated August 25, 2026, Arkade Developers received the Occupation Certificate for its residential project located at Vile Parle on August 24, 2026.

The company said the project has been completed in accordance with the approved plans and applicable local building regulations. The disclosure was made under Regulation 30 read with Part A of Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The receipt of the Occupation Certificate marks the regulatory completion milestone disclosed by the company for the project.

Stock Market Snapshot

Arkade Developers share price stood at ₹128.49 as of 12:53 IST on August 25, 2026, down ₹3.33, or 2.53%, according to the market data provided.

The stock traded near ₹131 during the early part of the session before gradually moving lower. It remained under pressure through the morning and slipped below ₹129 later in the session.

The shares were at ₹128.49 at the reported timestamp, despite the company disclosing the receipt of the Occupation Certificate for its Vile Parle project.

Arkade Developers And Its Residential Project Portfolio

Arkade Developers is a Mumbai-focused real estate developer with its business centred on residential development. The Vile Parle project forms part of the company’s development activity in Mumbai’s established residential markets.

Obtaining an Occupation Certificate is an important project-level regulatory milestone because it confirms that the completed development has met the applicable requirements for occupation under the relevant approvals.

For the company, the latest disclosure therefore relates to project completion rather than the award of a new contract or order.

Conclusion

Arkade Developers has reached a key regulatory milestone for its Vile Parle residential project with the receipt of the Occupation Certificate on August 24, 2026.

The company said the project was completed in accordance with approved plans and local building regulations. Meanwhile, Arkade Developers shares were down 2.53% at ₹128.49 as of 12:53 IST on August 25, 2026.

Source:

• https://www.nseindia.com/get-quote/equity/ARKADE/Arkade-Developers-Limited
• https://nsearchives.nseindia.com/corporate/ARKADE_25082026122048_OC_-_Arkade_Pearl.pdf