TARC Limited, a luxury real estate developer based in Delhi, has reported a remarkable increase in presales for the third quarter of fiscal year 2025. The company achieved presales of ₹1,165 crore in Q3, marking a significant year-over-year growth of approximately 1000 per cent. Additionally, total collections for the quarter stood at ₹181 crore, showcasing strong financial performance.
For the first nine months of FY2025, TARC Limited reported presales of ₹2,487 crore, representing a substantial six-fold increase compared to the same period last year. The company’s collections for the nine-month period totaled ₹371 crore, indicating a strong demand for its luxury real estate offerings.
One of TARC Limited’s flagship projects, TARC Ishva, has demonstrated impressive presales of approximately ₹1,500 crore to date, with construction currently underway. Furthermore, the company has expanded its portfolio by acquiring a new land parcel in Gurugram, showcasing its commitment to growth and expansion.
Managing Director & CEO, Amar Sarin, attributed the company’s success to its focus on luxury developments and timely delivery. TARC Limited is poised to benefit from recently announced infrastructure projects, including strategic highway developments in Delhi by the Union Ministry of Road Transport and Highways.
The company’s stock performance has also been notable, with shares trading at ₹178.20, reflecting a slight decrease of 4.22 per cent on the NSE. Despite this, the overall growth and financial indicators point towards a positive outlook for TARC Limited in the luxury real estate market.
In conclusion, TARC Limited’s impressive performance in presales and collections for Q3 of FY2025, coupled with its strategic expansion and focus on luxury developments, position the company for continued success in the competitive real estate sector. Investors and stakeholders can look forward to further growth and innovation from TARC Limited in the coming quarters.
