Connect with us






News

TARC Reports Strong Presales of ₹1,165 Cr, 1,000% YoY Growth in Q3FY25

New Delhi, January 7, 2025: TARC Limited has delivered an outstanding operational performance for the third quarter of FY2025, achieving presales of ₹1,165 crore, maintaining a consistent growth trajectory. For the first nine months of FY2025, the company registered presales of ₹2,487 crore, marking an impressive six-fold year-on-year increase.

Customer collections in Q3 FY2025 amounted to ₹181 crore, bringing the total collections for the first three quarters of the fiscal year to ₹371 crore.

TARC Limited remains optimistic about its prospects, forecasting continued growth in both sales and collections. The company attributes this upward momentum to increasing demand in the luxury real estate sector and the successful execution of its business strategies.

Other Highlights for Q3 FY2025

  • TARC Tripundra is in its final stages
  • At TARC Kailasa, the Company is developing a state-of-the-art experience center, featuring a sample flat
  •  TARC Ishva has achieved approximately ₹1,500 crore in presales till date. Construction on site is in full swing.
  • TARC has acquired additional land in Gurugram
  • Company’s multi-screen cinema and entertainment asset at East Delhi has now become operational.

Managing Director & CEO of TARC Limited Amar Sarin said: “We are proud to consistently achieve four-figure presales numbers, which is a clear indication that our strategy to focus on world class luxury developments an on-time delivery has gained significant momentum. Our dedicated teams are continually building on this strong foundation, with a sharp focus on unlocking the full potential of our existing land bank while also actively exploring strategic acquisitions and joint ventures.”

Slide Up
x


Trending