News Stocks TARC Limited Receives RERA Addendum Expanding TARC ISHVA Project to 9.1405 Acres in GurugramTARC Limited Receives RERA Addendum Expanding TARC ISHVA Project to 9.1405 Acres in Gurugram
TARC Limited received an addendum to its RERA registration for the TARC ISHVA luxury housing project in Sector 63A, Gurugram, expanding the total development area from 6.95 acres to 9.1405 acres. The approval from Haryana Real Estate Regulatory Authority enables sales and marketing activities and is expected to strengthen brand value and positively impact financial performance.
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TARC Limited has received an addendum to its RERA registration for the TARC ISHVA luxury group housing project, expanding the development area in Gurugram. The company announced this regulatory approval on January 12, 2026, highlighting the significant expansion of its flagship project.
Project Expansion Details
The Haryana Real Estate Regulatory Authority, Gurugram has issued an addendum to the existing Registration Certificate No. RC/REP/HARERA/GGM/865/597/2024/92, originally dated September 4, 2024. This addendum increases the total development area for TARC ISHVA from the earlier 6.95 acres to 9.1405 acres, representing a substantial expansion of approximately 2.19 acres.
| Parameter: | Details |
|---|---|
| Project Name: | TARC ISHVA |
| Location: | Sector 63A, Gurugram |
| Previous Area: | 6.95 acres |
| Expanded Area: | 9.1405 acres |
| Registration Validity: | December 31, 2031 |
Regulatory Compliance and Impact
The approval enables TARC Limited to sell, transfer, and advertise the TARC ISHVA project in compliance with RERA regulations. According to the company's disclosure under Regulation 30 of SEBI Listing Regulations, this regulatory approval is expected to strengthen the brand value and positively impact the company's financial performance.
Business Implications
The expanded development area provides TARC Limited with increased scope for its luxury group housing project in the prime Gurugram location. The RERA registration addendum ensures regulatory compliance for the enlarged project scope, allowing the company to proceed with marketing and sales activities for the additional area.
The registration certificate remains valid until December 31, 2031, providing the company with a clear timeline for project development and completion. This regulatory milestone follows the company's earlier communication from September 4, 2024, when the original RERA registration was obtained for the project.
Historical Stock Returns for TARC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.68% | -4.04% | -17.89% | -17.44% | +7.20% | +547.66% |
