TARC revises sales potential of Gurugram project with acquisition of adjoining land

In a significant milestone, TARC Limited has elevated the Gross Development Value of its Gurugram project to Rs 3,600 crore. This comes after the impressive addition of a new tower and the procurement of close to two acres of land. The project now...

New Delhi: TARC Limited has increased the Gross Development Value (GDV) of its project in Gurugram to Rs 3,600 crore, from Rs 2,500 crore with the addition of one tower.

TARC Ishvara, located in Sector 63A, Gurugram, enabled by the acquisition of an adjoining land parcel of close to 2 acre.

With this launch, following the RERA approval for the additional phase, the development adds about 400,000 sq ft.



Also Read: TARC Ltd expects Rs 4,500 cr revenue from luxury housing project in Delhi


The acquisition helped the builder inexpanding the total development area to over 9 acres. The development now comprises six towers with 518 residences, increasing the overall development footprint to nearly 1.7 million sq. ft. Additionally, the development will benefit from dual entry access via 84-metre and 24-metre-wide roads, enhancing connectivity and ease of access.
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“The strong customer response reinforces the growing preference for thoughtfully designed, open living environments. With Ishvara, we are not only expanding the scale of the development, but elevating its original design intent,” said Amar Sarin, Managing Director & CEO, TARC Limited.

Located along Golf Course Extension Road, TARC Ishva offers seamless connectivity to key commercial and business hubs, leading educational institutions, premium healthcare facilities and high-end hospitality and lifestyle destinations, while maintaining a low-density, open living environment.


Also Read: Delivery of Tripundra project to strengthen liquidity for realty developer TARC

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Earlier, TARC Limited, had launched new tower at TARC Kailasa, its flagship ultra-luxury high-rise residential development on Patel Road, West Delhi.

TARC Kailasa offers expansive 3.5 and 4.5 Bed Large Format Residences. The development enjoys strong connectivity to Delhi’s key commercial and lifestyle destinations, positioning it among the most sought-after iconic address in Delhi NCR.
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