Realty developer TARC Ltd targets Rs 2,000 revenue from next phase of two projects
TARC Ltd is expecting Rs 2,000 crore revenue from the next phase of its two projects — Ishva and Kailasa, Amar Sarin, managing director and CEO of the company told ET.
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The developer has reported pre-sales of Rs 1,165 crore, during Q3FY25 taking the pre-sale to Rs 2,487 crore in the first nine months of FY2025, nearly six-fold year-on-year increase.
“The success of TARC Ishva and TARC Kailasa is a testament to the growing demand for our thoughtfully designed luxury residences. The unveiling of last towers marks another milestone in mission towards redefining uber luxury living experiences and developing differentiated luxury homes proposition,” Sarin said.
The company has about 800,000 sq ft area for sale in the two projects.
TARC has acquired an additional land parcel in Gurugram, further strengthening its portfolio and enhancing its potential Gross Development Value.
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