TARC Limited has reported strong presales performance in Q2 FY2025, with a total of ₹1,012 crore, marking a remarkable 900% year-on-year (YoY) growth. For the first half of the financial year 2025, the company has achieved total presales of ₹1,322 crore, representing a substantial 600% YoY increase.
Key Developments:
- Launch of Luxury Project TARC Ishva: The company launched its luxury development, TARC Ishva, located on the extended Golf Course Road in Sector 63A, Gurugram. This development is a part of the company’s strategy to strengthen its position in the luxury real estate market.
- Debt Refinancing: TARC Limited successfully refinanced ₹1,000 crore of debt at a 12.75% interest rate, demonstrating the company’s financial strength. This refinancing will support further investments in key projects and enhance TARC’s financial stability.
Amar Sarin, MD & CEO of TARC Limited, expressed satisfaction with the company’s performance and noted the positive response to the launch of TARC Ishva. He also mentioned the brand’s growing acceptance in the luxury residential market, with successful developments like Tripundra, Kailasa, and Ishva contributing to the company’s strong market positioning.
About TARC Limited
TARC Limited, based in New Delhi, is focused on luxury real estate development. The company specializes in high-end residential projects in New Delhi and Gurugram and has a strong portfolio of prime land parcels. Through strategic financial partnerships and collaborations, TARC is on a path to redefine urban living with its luxury offerings.
