ALPHA TRIBE

TARC LimitedUpdates, 06-01-2025: Press Release

06-01-2025 | 01:26 pm

TARC Limited reported impressive presales of ₹1,165 Crore in Q3 FY2025, reflecting an extraordinary year-on-year growth of 1000%. For the first nine months, the company’s presales soared to ₹2,487 Crore, demonstrating a six-fold increase compared to the previous year. Customer collections for the quarter amounted to ₹181 Crore, totaling ₹371 Crore for the fiscal year-to-date, underscoring effective sales strategies and robust market demand.

Key developments include nearing completion of the TARC Tripundra project and advancements at TARC Kailasa, where a high-end experience center is being established. The company also acquired additional land in Gurugram, enhancing its potential gross development value. With the luxury real estate market in Delhi and Gurugram set for high growth driven by increasing affluent demand and strategic infrastructural advancements, TARC is well-positioned for continued success. The recent announcements regarding highway projects in Delhi could unlock further opportunities for TARC’s land parcels, enhancing its financial prospects significantly.

No comments yet. Be the first to comment!

All announcements from TARC Limited