Realty firm TARC Ltd expects Rs 4,500 crore in revenue from its ultra-luxury housing project ‘TARC Kailasa’ in Kirti Nagar, Delhi. With apartments priced between Rs 11–14 crore, the project reflects strong demand in the premium segment amid limited supply, reinforcing TARC’s focus on high-end real estate.
TARC Ltd has announced ambitious revenue projections of Rs 4,500 crore from its ongoing luxury housing project in Delhi. The development, named ‘TARC Kailasa,’ is spread over six acres in Kirti Nagar and is positioned as one of the most premium residential offerings in the capital.
The company has launched a new tower comprising 110 ultra-luxury apartments, each priced between Rs 11–14 crore. Construction is underway, with completion expected by March 2030. TARC’s focus on the high-end housing segment comes at a time when demand for premium residences in Delhi is rising, driven by affluent buyers seeking exclusivity and modern amenities.
Key Highlights
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TARC expects Rs 4,500 crore revenue from ‘TARC Kailasa’ project
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Located on six acres in Kirti Nagar, Delhi
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New tower includes 110 apartments priced Rs 11–14 crore each
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Completion expected by March 2030
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Strong demand amid limited supply in luxury housing segment
Industry Significance
Analysts note that TARC’s revenue expectations highlight the resilience of India’s luxury housing market. With limited supply in prime Delhi locations, projects like Kailasa are expected to attract high-net-worth individuals and investors, reinforcing TARC’s strategic focus on premium real estate development.
Sources: Business Standard, The Economic Times, ScanX News