+
TARC Reports Rs 11.65 Billion Pre-Sale in Q3 FY25
ECONOMY & POLICY

TARC Reports Rs 11.65 Billion Pre-Sale in Q3 FY25

TARC reported pre-sales of Rs 11.65 billion during Q3FY25, bringing its total pre-sales for the first nine months of FY2025 to Rs 24.87 billion, a nearly six-fold year-on-year increase.

Customer collections in Q3 FY2025 amounted to Rs 1.81 billion, with total collections for the first three quarters of FY2025 reaching Rs 3.71 billion.

The company attributes this growth to rising demand in the luxury real estate sector and the successful execution of its business strategies.

The company's project, TARC Ishva, has achieved approximately Rs 15 billion in presales to date.

Additionally, TARC has acquired an additional land parcel in Gurugram, further strengthening its portfolio and boosting its potential Gross Development Value.

Amar Sarin, Managing Director and CEO of TARC, expressed pride in consistently achieving four-figure presales numbers, noting that this demonstrates the success of the company's strategy to focus on world-class luxury developments and timely delivery. He highlighted that every challenge faced only strengthened the company’s resilience, positioning it for continued growth and success.

Sarin also mentioned the recent announcement by Union Minister for Road Transport and Highways, Nitin Gadkari, regarding four strategic highway projects in Delhi. These projects, which are expected to significantly enhance the city’s connectivity, are likely to unlock substantial opportunities for the company’s land parcels in Delhi, further supporting growth.

The luxury real estate markets in Delhi and Gurugram are seen as poised for high growth, driven by strong demand, strategic infrastructure developments, and the cities' status as hubs for high-net-worth individuals. With India’s economy continuing its positive trajectory, the luxury real estate sector is expected to benefit from the rising affluent population. The demand for luxury residences is anticipated to grow alongside the evolving urban landscapes of these cities.

TARC reported pre-sales of Rs 11.65 billion during Q3FY25, bringing its total pre-sales for the first nine months of FY2025 to Rs 24.87 billion, a nearly six-fold year-on-year increase. Customer collections in Q3 FY2025 amounted to Rs 1.81 billion, with total collections for the first three quarters of FY2025 reaching Rs 3.71 billion. The company attributes this growth to rising demand in the luxury real estate sector and the successful execution of its business strategies. The company's project, TARC Ishva, has achieved approximately Rs 15 billion in presales to date. Additionally, TARC has acquired an additional land parcel in Gurugram, further strengthening its portfolio and boosting its potential Gross Development Value. Amar Sarin, Managing Director and CEO of TARC, expressed pride in consistently achieving four-figure presales numbers, noting that this demonstrates the success of the company's strategy to focus on world-class luxury developments and timely delivery. He highlighted that every challenge faced only strengthened the company’s resilience, positioning it for continued growth and success. Sarin also mentioned the recent announcement by Union Minister for Road Transport and Highways, Nitin Gadkari, regarding four strategic highway projects in Delhi. These projects, which are expected to significantly enhance the city’s connectivity, are likely to unlock substantial opportunities for the company’s land parcels in Delhi, further supporting growth. The luxury real estate markets in Delhi and Gurugram are seen as poised for high growth, driven by strong demand, strategic infrastructure developments, and the cities' status as hubs for high-net-worth individuals. With India’s economy continuing its positive trajectory, the luxury real estate sector is expected to benefit from the rising affluent population. The demand for luxury residences is anticipated to grow alongside the evolving urban landscapes of these cities.

Next Story
Building Material

UltraTech’s Limestone Mine Gets India’s First-Ever 7-Star Rating

UltraTech Cement, India’s largest producer of cement and Ready-Mix Concrete (RMC), has received top honours for sustainable mining practices. Thirteen of the company’s limestone mines were awarded star ratings by the Indian Bureau of Mines (IBM), Ministry of Mines, for FY 2023–24 during a ceremony held in Jaipur, Rajasthan. Among these, the Naokari Limestone Mine—part of UltraTech’s Awarpur Cement Works in Chandrapur, Maharashtra—was awarded India’s first-ever 7-star rating for a limestone mine, in recognition of exceptional performance in ‘Green Mining’. The remain..

Next Story
Infrastructure Urban

Sieger Parking Enters Mumbai Market, Expands West India Presence

Sieger Parking, a Coimbatore-headquartered specialist in automated and multi-level car parking systems, has announced its entry into Western India with the launch of a regional office in Mumbai. This move marks a key milestone in the company’s pan-India growth strategy and its commitment to delivering technology-driven, space-efficient parking solutions across urban India. The Mumbai office will serve as the regional headquarters for Maharashtra and neighbouring states, supporting end-to-end operations with on-ground sales, project management, and service teams. The aim is to fast-track..

Next Story
Resources

IGBC Green Kochi Conclave 2025 Champions Culture and Climate Action

The Indian Green Building Council (IGBC), part of CII, hosted the Green Kochi Conclave 2025 on 4 July at Hotel Holiday Inn, Kochi, under the theme “Tharavadu to Tomorrow: Weaving Kerala’s Heritage into a Sustainable Built Environment.” The event brought together policymakers, architects, developers, and thought leaders to discuss Kerala’s progress in blending cultural heritage with sustainable design.  Kerala is emerging as a frontrunner in climate-resilient development, thanks to passive design strategies, rainwater harvesting, cool roof initiatives, and the widespread adopt..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?