TARC Limited reports unprecedented 900% YoY growth with Rs 1,012cr in Q2 FY2025 presales

TARC Limited, a leading name in luxury real estate, has reported a staggering 900% year-on-year growth in its Q2 FY2025 presales, amounting to an extraordinary ₹1,012 crore. This unprecedented growth highlights TARC’s rising dominance in India’s luxury real estate market and reflects its continued ability to deliver high-end living spaces. The company revealed this massive surge in its quarterly earnings report, placing its total presales at ₹1,322 crore for H1 FY2025.

The quarter saw the successful launch of TARC Ishva, a new luxury project located on the coveted Golf Course Road in Gurugram, a location known for its premium appeal. The project has already received significant positive feedback, underscoring TARC’s strong position as a major player in the luxury real estate sector. The development represents TARC’s focus on creating elegant, sophisticated living environments for its clientele, further solidifying its status as a luxury brand.

In addition to its impressive presales, TARC Limited demonstrated robust financial management by refinancing ₹1,000 crore of debt at a favorable interest rate of 12.75%. This strategic move underlines the company’s focus on maintaining financial prudence while ensuring that it remains on course for future expansions. TARC is also planning to expand its footprint with further developments in Delhi and Gurugram, where demand for luxury real estate continues to grow.

Amar Sarin, Managing Director and CEO of TARC Limited, expressed his excitement over the company’s achievements in the past quarter. Sarin emphasized that the success of the TARC Ishva project and the strong performance of other developments like Tripundra and Kailasa are clear indicators of TARC’s steady climb as a trusted name in the luxury residential market. He also highlighted the company’s appreciation for the continued support from Bain Capital and noted that the company is eager for future collaborations with new financial partners.

Experts in the industry have pointed out that TARC’s strategic positioning in high-demand areas, along with its ability to secure prime land parcels and attract key financial partnerships, is a major factor behind its meteoric growth. With luxury real estate continuing to thrive despite broader economic challenges, TARC appears well-placed to capitalize on its growing reputation and strong financial footing.

TARC Limited is headquartered in New Delhi and is a prominent name in India’s luxury real estate market. The company focuses on crafting premium residential developments in New Delhi and Gurugram, offering living experiences that are synonymous with luxury and innovation. With its strategic land holdings and financial partnerships, TARC is poised for continued growth and leadership in the industry.