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.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..