Arkade Group to file for IPO by next week, launch by December
The Mumbai-based developer is looking to raise around Rs 400-450 crore from the IPO, which will value the company at around Rs 3,000 crore
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The Mumbai-based developer is looking to raise around Rs 400-450 crore from the IPO, which will value the company at around Rs 3,000 crore
Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], August 11: Arkade Group announced a unique initiative to give back to society. They have committed to contribute the cost of one square foot (sq. ft.) that they sell from their properties towards Tata Memorial Hospital (TMH), a premier institution that runs cancer treatment and research centers across the country. Through this contribution, it will help TMH to treat more cancer patients, provide top-notch medical care, and offer a comprehensive approach to cancer care. Moreover, indirectly it will help...
Realty firm Arkade Group will invest Rs 470 crore to develop a housing project at Mulund in Mumbai.
India's GDP grew by 6.1% in Q4 2022-23, exceeding expectations and raising the yearly growth rate to 7.2%, which is predicted for FY23. While this is good news, ongoing challenges include slowing global economy and lack of private capital expenditure.
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