TARC Limited Sets New Q3 Records: Luxury Real Estate Thrives in Strategic Growth
TARC Limited has reported a record-breaking Q3, achieving Rs 1,165 crore in presales, a six-fold increase year-on-year, reflecting robust growth in the luxury real estate market.
Real EstateLuxuryTarc LimitedSalesPresalesReal Estate NewsJan 07, 2025
The company has achieved presales worth Rs 1,165 crore, a significant milestone that highlights a robust growth trajectory.
Over the first nine months of the fiscal year, TARC has seen a six-fold increase in presales compared to the same period last year, reaching a total of Rs 2,487 crore.
The company's impressive customer collections of Rs 181 crore in Q3 alone have raised the total collections for the fiscal year to Rs 371 crore.
TARC attributes this remarkable success to its effective sales strategies and the thriving demand in the luxury real estate sector.
The company is optimistic about continued growth in both sales and collections in the coming quarters.
In its latest developments, TARC has made significant progress on several key projects.
TARC Tripundra, one of its flagship properties, is nearing completion, while the construction of TARC Ishva has achieved nearly Rs 1,500 crore in presales.
Innovations continue at TARC Kailasa, where a sample flat is now open to the public, showcasing the project's luxury offerings.
Adding to its diverse portfolio, TARC has recently operationalized a multi-screen cinema and entertainment asset in East Delhi.
This move underscores TARC's commitment to diversifying its offerings and meeting the growing demand for integrated living and entertainment experiences.
TARC Limited has a rich history of delivering high-quality, luxury real estate projects that cater to a discerning clientele.
With a focus on innovation, quality, and customer satisfaction, TARC continues to set new standards in the industry.
The company's strategic growth plans and robust performance in Q3 are a testament to its strong market position and future potential.
Frequently Asked Questions
What is TARC Limited's Q3 performance in terms of presales?
TARC Limited achieved presales worth Rs 1,165 crore in Q3 FY2025, marking a six-fold increase year-on-year.
How much has TARC Limited collected from customers in Q3?
TARC Limited collected Rs 181 crore from customers in Q3 FY2025, bringing the totalcollections for the fiscal year to Rs 371 crore.
What are some of TARC Limited's key projects currently in progress?
TARC Limited's key projects in progress include TARC Tripundra, which is nearing completion, and TARC Ishva, which has achieved nearly Rs 1,500 crore in presales. Innovations are also ongoing at TARC Kailasa.
What is the significance of the multi-screen cinema and entertainment asset in East Delhi?
The recent operationalization of the multi-screen cinema and entertainment asset in East Delhi exemplifies TARC Limited's diverse portfolio strategy and commitment to integrated living and entertainment experiences.
How does TARC Limited attribute its success?
TARC Limited attributes its success to effective sales strategies and the thriving demand in the luxury real estate sector.
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