TARC Limited, a leading luxury residential real estate developer in New Delhi, has reported significant progress in its development projects, achieving a total gross development value of ₹9,000 crore. The company’s robust performance in FY2026 is bolstered by newly launched and upcoming projects.
Key milestones for TARC include the TARC Tripundra, a boutique luxury development launched in October 2022. Located in Pushpanjali Greens, New Delhi, this exclusive low-density residential project comprises three towers with 187 luxury residences. The development has recently commenced customer handovers, marking a significant milestone for the company. With a total gross development value of ₹1,000 crore, TARC has begun recognising revenue from this project.
Another major project, TARC Kailasa, located on Patel Road, New Delhi, has introduced premium tower inventory, reflecting strong demand for large-format residences. The development features six levels of landscaped greens, 170,000 sq. ft. of world-class amenities, and a seven-tier security system. The total gross development value for TARC Kailasa is now ₹4,400 crore.
In Gurugram, TARC’s Ishva project has unveiled Ishvara, its sixth and tallest tower. This expansion has increased the total gross development value to ₹3,600 crore. Ishvara’s unique four-side-open design maximises natural light and ventilation, offering a refined living experience.
For FY2026, TARC achieved sales of ₹1,323 crore and business cash flows of ₹1,132 crore. In the fourth quarter, sales and business cash flows were ₹395 crore and ₹223 crore, respectively. The company maintained strong collections, reflecting healthy customer traction and robust operating cash flow visibility.
Managing Director and CEO, Mr. Amar Sarin, highlighted the company’s progress, stating, “FY2026 marks a pivotal phase of progress for TARC. The commencement of handovers at TARC Tripundra is a key milestone, showcasing the successful execution of a distinctive development in the Capital.”
Looking ahead, TARC is poised to expand its development portfolio with new luxury and ultra-luxury projects in FY2027, aiming to set new benchmarks in the luxury residential segment.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Markets Desk before publication.