TARC Limited — Important, 06-11-2024: General Updates

TARC Limited reported exceptional growth with presales reaching ₹1,012 crore in Q2 FY25, a 900% increase year-on-year. The company achieved collections of ₹81 crore and successfully launched luxury projects such as TARC Ishva in Gurugram. TARC Kailasa’s construction is progressing with nearly 45% sold. The firm secured ₹1,000 crore in refinancing at reduced rates. TARC aims for continued expansion in luxury residential developments across Delhi and Gurugram, targeting presales of ₹5,000 crore for FY25.