TARC Limited, a Delhi-based luxury real estate developer, reported presales of ₹1,165 crore in the third quarter of fiscal year 2025, marking a year-over-year growth of approximately 1000 per cent. The company’s collections for Q3 stood at ₹181 crore, according to a regulatory filing on January 6.
The shares of TARC Limited were trading at ₹178.20 down by ₹7.86 or 4.22 per cent on the NSE today at 3.25 pm.
For the first nine months of FY2025, TARC’s presales reached ₹2,487 crore, representing a six-fold increase compared to the same period last year. Total collections for the nine-month period amounted to ₹371 crore.
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The company’s flagship project, TARC Ishva, has achieved presales of approximately ₹1,500 crore to date, with construction currently in progress. TARC has also expanded its portfolio by acquiring a new land parcel in Gurugram.
Managing Director & CEO Amar Sarin attributed the growth to the company’s focus on luxury developments and timely delivery. The company expects to benefit from recently announced infrastructure projects, including four strategic highway developments in Delhi by the Union Ministry of Road Transport and Highways.