TARC Limited's Subsidiary Secures Completion Certificate for Luxury Residential Project in New Delhi

1 min read     Updated on 02 Dec 2025, 09:13 PM
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Reviewed by
Riya DScanX News Team
Overview

TARC Limited's subsidiary, Echo Buildtech Limited, has been granted a completion cum occupancy certificate by the Municipal Corporation of Delhi for its luxury residential project TARC Tripundra in New Delhi. The certificate, issued on December 2, 2025, signifies that the building is fit for occupation. This milestone could potentially impact TARC Limited's future financial performance and market position in the real estate sector.

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*this image is generated using AI for illustrative purposes only.

TARC Limited announced a significant milestone for its wholly-owned subsidiary, Echo Buildtech Limited. On December 2, 2025, the Municipal Corporation of Delhi (MCD) granted a completion cum occupancy certificate for the luxury residential project TARC Tripundra in New Delhi.

Project Milestone

The completion certificate is a crucial document that signifies the building is fit for occupation, marking an important step in the project's development. This achievement could potentially impact TARC Limited's future financial performance and market position in the real estate sector.

Financial Context

While this news primarily focuses on a regulatory approval, it's worth noting TARC Limited's recent financial position based on its consolidated balance sheet data:

Financial Metric FY 2025 (in ₹ crore) YoY Change
Total Assets 4,215.70 +21.64%
Current Assets 2,301.70 +35.99%
Fixed Assets 1,215.10 +9.78%
Total Equity 1,043.20 -18.17%
Current Liabilities 2,112.60 +68.58%

The company has seen significant growth in its asset base, particularly in current assets. However, there's also been a notable increase in current liabilities and a decrease in total equity, which investors may want to monitor.

Implications

The completion of TARC Tripundra could potentially contribute to the company's revenue stream in the coming quarters, depending on the project's size and the company's sales strategy. However, investors should await further details on the project's impact on TARC Limited's financial performance.

As the real estate market continues to evolve, particularly in prime locations like New Delhi, TARC Limited's progress with luxury residential projects like TARC Tripundra may be indicative of its strategic positioning in the market.

Investors and market watchers are advised to keep an eye on TARC Limited's upcoming financial reports to gauge the full impact of this development on the company's performance and market valuation.

Historical Stock Returns for TARC

1 Day5 Days1 Month6 Months1 Year5 Years
-0.07%+17.69%-3.55%-6.24%-31.53%+607.85%

TARC Limited Reports Strong H1FY26 Performance with ₹565 Crore Gross Sales

1 min read     Updated on 11 Nov 2025, 11:25 PM
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Reviewed by
Shriram SScanX News Team
Overview

TARC Limited, a luxury real estate developer, announced robust financial results for H1FY26. Gross sales reached ₹565.00 crore, with sales collections of ₹365.00 crore. The company reported a total income of ₹329.50 crore and a net profit of ₹38.40 crore. TARC's key projects, Tripundra, Kailasa, and Ishva, showed strong performance with a total GDV of ₹7,700.00 crore and ₹6,400.00 crore remaining to be collected. The company focuses on luxury residential projects in New Delhi and Gurugram markets, with projects nearing delivery or selling out phases rapidly.

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*this image is generated using AI for illustrative purposes only.

TARC Limited , a luxury real estate developer, has announced robust financial results for the first half of fiscal year 2026 (H1FY26), demonstrating significant growth and operational success.

Financial Highlights

  • Gross sales reached ₹565.00 crore in H1FY26
  • Sales collections amounted to ₹365.00 crore
  • Total income stood at ₹329.50 crore
  • Net profit reported at ₹38.40 crore
  • Total business cash inflow of ₹652.00 crore, comprising project sales collections and land receipts

Operational Performance

TARC Limited has shown strong performance across its key projects:

Project Total GDV (₹ Crore) Balance to be Collected (₹ Crore) Collections in H1FY26 (₹ Crore)
Tripundra 1,000.00 500.00 101.00
Kailasa 4,000.00 3,600.00 49.00
Ishva 2,700.00 2,300.00 215.00
Total 7,700.00 6,400.00 365.00

Project Updates

  • TARC Tripundra in New Delhi is approaching delivery
  • TARC Kailasa Phase 1 is sold out, with Phase 2 nearing launch
  • TARC Ishva in Gurugram has nearly sold out its Phase 1

Strategic Focus

TARC Limited continues to concentrate on luxury residential projects in the New Delhi and Gurugram markets. The company's fully owned land parcels provide significant development flexibility and potential for future growth.

Market Position

The company's performance indicates strong demand and buyer confidence in TARC's differentiated offerings. Improved average realization per square foot in H1FY26 reflects the brand's strength and superior product positioning in the luxury segment.

Future Outlook

With a total Gross Development Value (GDV) of ₹7,700.00 crore across three projects and ₹6,400.00 crore remaining to be collected, TARC Limited has a strong pipeline for future revenue. The company's focus on luxury residential developments in prime locations positions it well for continued growth in the real estate market.

TARC Limited's H1FY26 results demonstrate its ability to execute projects efficiently and maintain a strong sales momentum in the luxury real estate segment. The company's strategic focus on high-end residential projects in key markets appears to be yielding positive results, setting a solid foundation for future growth.

Historical Stock Returns for TARC

1 Day5 Days1 Month6 Months1 Year5 Years
-0.07%+17.69%-3.55%-6.24%-31.53%+607.85%
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