TARC Limited has announced an exceptional operational performance for the third quarter of FY2025, achieving ₹1,165 crore in presales, reflecting an impressive 1000% year-on-year growth. The company also recorded robust customer collections amounting to ₹181 crore during the same period, marking a strong financial and operational quarter.
Key Highlights of Q3 FY2025:
- Presales: ₹1,165 crore for the quarter; ₹2,487 crore for the first nine months, indicating a six-fold YoY increase.
- Collections: ₹181 crore in Q3 FY2025; ₹371 crore in the first three quarters.
- Project Updates:
- TARC Tripundra: Progressing towards completion.
- TARC Kailasa: Witnessed significant price appreciation; sample flats launched.
- TARC Ishva: Secured ₹1,500 crore in presales to date, with ongoing construction.
- Land Acquisitions: New land parcel secured in Gurugram to enhance the company’s portfolio and development potential.
- Cinema Asset Launch: A multi-screen cinema and entertainment project in East Delhi became operational.
Managing Director & CEO Mr. Amar Sarin highlighted the company’s strategic focus on luxury developments, timely deliveries, and unlocking land bank potential as drivers of sustained growth.
The company remains optimistic about its growth trajectory, supported by increasing demand in the luxury real estate segment and infrastructural advancements in Delhi, including the announcement of four strategic highway projects by Union Minister Nitin Gadkari.
Outlook: TARC is well-positioned to capitalize on the growing demand for luxury real estate in Delhi and Gurugram, driven by high-net-worth individuals and robust economic trends. With its strong operational base and strategic land acquisitions, TARC aims to solidify its leadership in the luxury real estate sector.
