TARC Ltd, which is positioned ahead in the chain of real estate developers, has projected ₹2,000 crore revenues from the next phase of its two flagship projects, TARC Ishva and TARC Kailasa. This projection conforms with the company’s expansion strategy using its expertise in premium residential developments.
Company Profile
TARC Ltd has established itself in the real estate industry and has proven its ability to deliver quality-residential-and-commercial properties. The unflinching execution of its projects and the concomitant growth in finances have earned it credibility with investors and end-users.
Project Description
The next phase of TARC Ishva and TARC Kailasa aims to further enhance TARC’s position in the marketplace. These luxury developments are to include:
High-end Residential Units-Catering to buyers of premium homes.
Commercial Spaces-Integrated business-and-retail environments.
Modern Infrastructure-High-class amenities and sustainable development features.
These join the fore of what the market proffers, coupled with compliance with local laws granting smooth execution.
Sales and Market Trends
The pre-sales numbers reached ₹1,165 crore for Q3 FY25, while pre-sales aggregated to ₹2,487 crore for the first nine months of FY2025, representing a whopping six times over the previous year’s value.
According to Amar Sarin, Managing Director and CEO, TARC Ltd, the success of these projects highlights the rising demand for luxury residential properties. Launching the final towers marks a significant milestone in the company’s growth.
Strategic Expansion and Land Acquisition
By acquiring more land in Gurugram, TARC Ltd expands the real estate profile in GDV value. Due to an increase in demand, and economic growth, the luxury residential sector in Delhi and Gurugram is alive.
Financial Support and Investments
TARC Ltd has raised ₹1,000 crore through a consortium of banks and financial institutions led by Kotak Mahindra Bank. The amount has been raised at 12.75% interest to provide funding for
Debt Refinancing
₹250 crore for working capital
Other financial partners include Nomura Capital, Aditya Birla Capital, and STCI.
Development of TARC Kailasa
TARC Ltd is investing ₹1,200 crore in TARC Kailasa, a luxury residential project in Kirti Nagar, West Delhi.
Details of Key Features of the Project:
Total Area: 6 acres
Development Size: 1.7 million sq ft
Projected Revenue: ₹4,000 crore
Architect: Andy Fisher Workshop, Singapore
Construction Partner: Arabian Construction Company (ACC)
The choice of ACC was based on an assessment of its high-rise construction capabilities and an exemplary record of accomplishment in India and the UAE.
Revenue Projections and Market Analysis
The crore revenue projection is based on:
Sales Volume: Projected from past performance and market demand.
Pricing Strategy: Competitive pricing appropriate for the premium segment.
Economic Indicators: Interest rates, consumer demand, and urbanization trends.
Phased Development Model: Capital efficiency and regular cash flows.
Delhi and Gurugram are still ideal markets for luxury housing due to their strong infrastructure, high-end customers, and economic growth.
Challenges and Growth Opportunities
Though the projected revenue is positive, TARC Ltd is wary of challenges such as:
Market Volatility: Price and demand fluctuations.
Regulatory Compliance: Obtaining seamless approvals and compliance with laws.
Construction Costs: Adapting to fluctuations in material prices.
However, by conducting successful market research, prudent investment, and phased construction, the company is well positioned to overcome challenges and reap maximum growth potential.
Conclusion
The expectation of ₹2,000 crore of revenue from the next phase of TARC Ishva and TARC Kailasa by the company indicates its growth trajectory. Due to strong pre-sales, strategic land acquisition, and funding, the company is well-placed to achieve its targets.
As India’s high-end residential market keeps expanding, it is TARC Ltd taking the lead with premium residential development in Delhi and Gurugram. Firm developments will be keenly observed by market players as these ventures come to life.
Source: ET Realty
