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TARC Ltd expects Rs 4,500 cr revenue from luxury housing...

Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo NEW DELHI, Mar 2: Listed realty firm TARC Ltd is expecting a total revenue of around Rs 4,500 crore from its ongoing ultra-luxury housing project in the national capital amid strong demand and limited supply, a top company official said. Delhi-based TARC Ltd had in 2024 launched a super luxury residential project ‘TARC Kailasa’, spread over 6 acre land, at Kirti Nagar in the national capital. “We have sold around 275 units across four towers and are now launching a fifth tower comprising 110 units for sale,” TARC MD and CEO Amar Sarin said.

TARC Ltd expects Rs 4,500 cr revenue  from luxury housing...

Credit: Dailyexcelsior

Key Highlights

  • The company will sell apartments in the price range of Rs 11-14 crore per unit in the newly launched tower.
  • Sarin said the company would develop 17 lakh square feet area in this project.
  • Asked about the project cost, Sarin said the total investment would be around Rs 1,500 crore, excluding land cost.
  • “The construction work is undergoing.
  • We have already invested around Rs 250 crore on this project,” he added.
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Sources

  1. TARC Ltd expects Rs 4,500 cr revenue from luxury housing...

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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