TARC Limited, a leading name in the real estate industry, proudly announces its exceptional operational performance for the fiscal year 2023-24. The company has achieved remarkable milestones, showcasing unprecedented growth and surpassing all expectations.
In FY2023-24, TARC Limited achieved its highest-ever presales, totaling an impressive Rs 1,612 crore. This figure represents a remarkable 200% growth compared to the previous fiscal year, underlining the company's strong market presence and customer trust. Additionally, TARC Limited achieved its highest annual collection to date, reaching ?415 crore.
The fourth quarter of FY2023-24 witnessed exceptional sales, with TARC Limited recording sales amounting to Rs1,281 crore. This staggering growth of over 600% on a year-on-year basis can be attributed largely to the success of the recently launched project, TARC Kailasa, located in New Delhi.
TARC Tripundra: The project is nearing completion, with finishing works in progress. TARC Limited anticipates delivering the project well ahead of the committed handover date.
TARC Kailasa: Construction work for this prestigious project has commenced, with Arabian Construction Company (ACC) appointed as the EPC contractor.
TARC 63A: The project is set for launch, with the sample apartment, experience center, and sales gallery ready at the site. TARC Limited is optimistic about the project's success, given its prime location and current market dynamics.
Amar Sarin, CEO & MD of TARC Limited, expressed his delight at the company's performance, highlighting FY2023-24 as a significant milestone. He emphasized TARC Kailasa's role in strengthening the company's brand positioning and expressed confidence in surpassing the presales forecast of Rs 5,000 crore for FY2024-25. Sarin extended gratitude to the company's discerning patrons for their unwavering support and trust in TARC Limited.
TARC Limited remains committed to excellence, innovation, and delivering value to its customers. With a dedicated team and a clear vision, the company looks forward to continued success in the years to come.
