TARC Reports Rs 5.65 bn Sales in H1, Eyes New Luxury Launches

15 Oct 2025 CW Team

TARC Limited, New Delhi’s leading luxury real estate developer, reported Rs 5.65 billion in sales for the first half of FY26, with strong collections of Rs 3.64 billion, bringing total business cash flows to Rs 6.52 billion.

The company said its robust performance underscores continued demand for premium housing and a healthy liquidity position, allowing it to accelerate execution and invest in new developments.

TARC has begun design and master planning for upcoming luxury and ultra-luxury projects in collaboration with international architects, design studios, and sustainability experts. These developments aim to set new benchmarks in urban luxury living across Delhi and Gurugram.

Among its key projects, TARC Kailasa nears the launch of a new premium tower, TARC Tripundra approaches completion with occupation expected shortly, and TARC Ishva in Gurugram has witnessed near-total sales with its second phase in the pipeline.

Managing Director and CEO Amar Sarin said FY26 marks a turning point for TARC, with strong financials and a pipeline of marquee developments positioning the firm for accelerated growth.

With demand for high-end housing remaining strong, TARC plans to expand its portfolio and reinforce its leadership in Delhi’s luxury residential segment.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..