TARC reports Rs 3500 million in sales in New Delhi project

11 Jan 2023 CW Team

After the company announced that its newly launched luxury residential project TARC Tripundra in Delhi has generated sales worth Rs 350 crore, TARC's share price increased by 5.70 per cent to Rs 43.60.

TARC Tripundra is conveniently located on New Delhi's Bijwasan Road, close to Pushpanjali Farms. It is close to the Indira Gandhi International Airport, Cyber City, and Aerocity. The gated community project offers a variety of luxurious amenities and has a potential sales value of approximately Rs 9000 million.

"The promising growth of Delhi has transformed it into a buzzing metropolis, offering multiple opportunities in an ever-evolving real estate sector," stated Amar Sarin, MD and CEO of TARC. “We are pleased that our launch elicited an extremely positive response from homebuyers, despite the global economic headwinds, and that we closed 2022 on a high note, with our sale price increasing by nearly 25 per cent.” he added.

TARC worked with a leading developer of residential, hospitality, commercial, retail, warehousing, lT, institutional, and mixed-use developments in prime locations in Delhi and the National Capital Region. The developer had one of the largest land banks and key land parcels. Following its most recent partnerships with Bain Capital, USA and Blackstone lnc, TARC has increased its brand equity.

A 73.92 per cent increase in sales to Rs 416.70 million in Q2 FY23 compared to Q2 FY22 led to a 54.15 per cent increase in the company's consolidated net profit to Rs 81.70 million.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..