TARC Limited Builds Momentum With Delivery Milestones
ECONOMY & POLICY

TARC Limited Builds Momentum With Delivery Milestones

TARC Limited reported a robust performance in FY2026, with delivery milestones and a growing pipeline of luxury projects supporting momentum. The company commenced customer handovers at TARC Tripundra, a boutique development set within Pushpanjali Greens in New Delhi, which comprises three towers and 187 luxury residences and provides 70,000 sq. ft. of amenities. The total gross development value for Tripundra is approximately Rs 10,000 mn and the company has begun recognising revenue from the project.

At TARC Kailasa on Patel Road the company introduced its most premium tower inventory and opened an Experience Gallery and a sample residence to bolster customer engagement. The development offers three-and-a-half and four-and-a-half bedroom residences, features six levels of landscaped greens, around 170,000 sq. ft. of amenities and a seven-tier security system. The total gross development value at TARC Kailasa stands at Rs 44,000 mn.

TARC Ishva expanded its scale with the unveiling of Ishvara, the sixth and tallest tower at the Gurugram development in Sector 63A, which has increased the project gross development value to Rs 36,000 mn. Ishvara has been designed on a four-side-open philosophy to maximise natural light, cross-ventilation and views, thereby enhancing spatial comfort and privacy. The structure aims to provide an urban oasis within a dense setting.

The combined gross development value of these luxury projects totals Rs 90,000 mn, reinforcing the company's position in the capital's premium residential market. Operationally, TARC recorded business cash flows of Rs 11,320 mn for the year and maintained strong collections, reflecting execution and customer traction. In the fourth quarter sales and business cash flows stood at Rs 3,950 mn and Rs 2,230 mn respectively. The company is positioning itself as an emerging institutional developer with a scalable platform to deliver projects.

The company indicated plans to expand its pipeline with ultra-luxury launches in FY27 while keeping financial discipline and execution focus. It noted risks from global geopolitical tensions and elevated energy prices but stated that domestic demand and stable macro fundamentals support resilience in the Indian real estate sector.

TARC Limited reported a robust performance in FY2026, with delivery milestones and a growing pipeline of luxury projects supporting momentum. The company commenced customer handovers at TARC Tripundra, a boutique development set within Pushpanjali Greens in New Delhi, which comprises three towers and 187 luxury residences and provides 70,000 sq. ft. of amenities. The total gross development value for Tripundra is approximately Rs 10,000 mn and the company has begun recognising revenue from the project. At TARC Kailasa on Patel Road the company introduced its most premium tower inventory and opened an Experience Gallery and a sample residence to bolster customer engagement. The development offers three-and-a-half and four-and-a-half bedroom residences, features six levels of landscaped greens, around 170,000 sq. ft. of amenities and a seven-tier security system. The total gross development value at TARC Kailasa stands at Rs 44,000 mn. TARC Ishva expanded its scale with the unveiling of Ishvara, the sixth and tallest tower at the Gurugram development in Sector 63A, which has increased the project gross development value to Rs 36,000 mn. Ishvara has been designed on a four-side-open philosophy to maximise natural light, cross-ventilation and views, thereby enhancing spatial comfort and privacy. The structure aims to provide an urban oasis within a dense setting. The combined gross development value of these luxury projects totals Rs 90,000 mn, reinforcing the company's position in the capital's premium residential market. Operationally, TARC recorded business cash flows of Rs 11,320 mn for the year and maintained strong collections, reflecting execution and customer traction. In the fourth quarter sales and business cash flows stood at Rs 3,950 mn and Rs 2,230 mn respectively. The company is positioning itself as an emerging institutional developer with a scalable platform to deliver projects. The company indicated plans to expand its pipeline with ultra-luxury launches in FY27 while keeping financial discipline and execution focus. It noted risks from global geopolitical tensions and elevated energy prices but stated that domestic demand and stable macro fundamentals support resilience in the Indian real estate sector.

Next Story
Infrastructure Urban

Smartworks Leases Over 400 Seats In Mumbai To Japanese NBFC Subsidiary

Smartworks has leased over 400 seats at its Mumbai centre to a subsidiary of a Japanese non-bank finance company in a Rs 350 million (mn) transaction. The company said the agreement covers managed office space designed to support the tenant's India operations and will strengthen its presence in the city. The deal was presented as part of Smartworks' strategy to grow its enterprise client base. The leased seating forms part of a larger workplace solution that combines private offices and flexible seating tailored to financial services clients. Smartworks noted that demand from the banking, fina..

Next Story
Infrastructure Energy

Aequs SEZ Nears Complete Green Power Adoption

Aequs Infra's Belagavi special economic zone has moved close to complete renewable energy adoption for on-site industrial operations. Energy requirements within the cluster are met through a combination of rooftop solar installations, open access renewable energy procured from third-party providers and green power supplied by the state electricity board. The integrated approach has enabled the campus to sustain operational reliability while advancing environmental objectives. The licensed power distribution network within the campus supports stable energy delivery and creates economic benefits..

Next Story
Infrastructure Energy

Waaree Secures EPC Order For 300 MW Solar Project

Waaree Renewable Technologies (Waaree) has signed a Letter of Award with its wholly owned subsidiary, Sunsational Power Private (SPPL), to develop a 300 megawatt (MW) and 450 megawatt peak (MWp) ground-mounted solar project. The company will provide engineering, procurement and construction services and two-year operation and maintenance services under the contract. The agreement covers the full EPC scope and a two-year O&M commitment. The scope will include site engineering, procurement of equipment and construction management across the installation. The project is scheduled to be completed ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement