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TARC Standalone September 2023 Net Sales at Rs 21.52 crore, up 70.44% Y-o-Y

TARC will hold a meeting of the Board of Directors of the Company on 19 September 2023.

TARC to hold board meeting

TARC announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2023.

TARC to convene AGM

TARC announced that Acuite Ratings & Research has reaffirmed its credit ratings as under:Non convertible debentures (NCDs) (Rs 1330 crore) ACUITE BB+ Stable (reaffirmed and outlook revised from Negative) Proposed NCDs (Rs 70 crore) Provisional ACUITE BB+ Stable (reaffirmed and outlook revised from Negative) 

TARC receives affirmation in ratings for NCDs 

TARC announced fully sold-out status and successfully completion of its premium residential project, TARC Maceo, situated in Sector 91 of Gurugram, post the receipt of Occupational Certificate in November 2022.Sharing an update, Amar Sarin, Managing Director and CEO, TARC said, We are overwhelmed with the response thot TARC Maceo has received. We have specifically focused on delivering a luxurious living experience to the resident of TARC Maceo, as reflected in a price escalation of 45% reaching up to Rs 6,500 per sq ft. This is one of the highest price points in the micro market. The TARC brand is highly accepted by customers in the premium and luxury space of New Delhi and Gurugram due to its unique positioning

TARC completely sells-out its premium residential project - TARC Maceo in Gurugram 

TARC Consolidated December 2022 Net Sales at Rs 94.21 crore, up 77.35% Y-o-Y

TARC has clocked sales worth Rs 350 crore for its recently launched luxury residential project TARC Tripundra in Delhi. The project has sales potential of around Rs 900 crore with approximately 5 lakh sq ft saleable area. 

TARC clocks Rs 350 cr sales for its luxury residential project TARC Tripundra 

Located in the surroundings of Pushpanjali Farms on New Delhis Bijwasan Road, TARC Tripundra has easy access to the lndira Gandhi lnternational Airport, Cyber City and Aerocity. The gated community project with various luxurious amenities has sales potential of around Rs 900 crore, with approximately 5 lakh square feet of saleable area.Amar Sarin, MD & CEO, TARC, said, The promising growth of Delhi has transformed it into a buzzing metropolis, offering multiple opportunities in an ever-evolving real estate sector. Given the stiff economic headwinds the world is experiencing, we are pleased that our launch elicited on extremely positive response from homebuyers and we have closed 2022 on o high note with our sale price appreciating by almost 25%.”TARC engaged in a premium real estate developer with one of the largest land banks and key land parcels at prime locations in Delhi and the National Capital Region covering residential, hospitality, commercial, retail, warehousing, lT, institutional and mixed-use developments. TARC has augmented its brand equity after recent collaborations with Bain Capital, USA and Blackstone lnc.The companys consolidated net profit jumped 54.15% to Rs 8.17 crore on a 73.92% rise in sales to Rs 41.67 crore in Q2 FY23 over Q2 FY22.

TARC soars after recording sales worth Rs 350 crore for its New Delhi-based residential project 

TARC Consolidated September 2022 Net Sales at Rs 41.67 crore, down 73.92% Y-o-Y

TARC Consolidated June 2022 Net Sales at Rs 67.91 crore, up 158.73% Y-o-Y

TARC Ltd. engages in the management of real estate assets. Its projects include malls, hotels, information technology parks, and residential and industrial properties. The company was founded on september 1st, 2016 and is headquartered in Katwaria Sarai, India.

Watchers	25
52-Wk Low	33.55
52-Wk High	119.80

Volume (M)	584,498.00
52-Wk High	119.80
52-Wk Low	33.55

TARC.NSE TARC Ltd.

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