TARC
TARC Limited is a publicly listed Indian luxury real estate developer designing ultra-luxury residential projects in Delhi-NCR — Tripundra, Kailasa, Ishva, and Maceo — selling units priced Rs 7-14+ crore to high-net-worth individuals and NRIs.
- Company typePublic
- Founded2020
- HeadquartersHaryana, India
- Headcount101–250
- GTM typeB2C
- OfferingServices
What TARC does
TARC Limited is a publicly listed Indian luxury real estate developer (NSE: TARC) that designs, sells, and delivers premium and ultra-luxury residential projects across the Delhi-National Capital Region. The company operates four distinct project sub-brands: TARC Tripundra (an IGBC Gold-certified ready-to-move community of 187 families near IGI Airport in South Delhi), TARC Kailasa (an ultra-luxury project on Patel Road in Kirti Nagar, Central West Delhi with a Rs 4,400 crore GDV), TARC Ishva (four-side open residences with 518 units across 6 towers in Sector 63A, Gurugram with a Rs 3,600 crore GDV), and TARC Maceo (a premium project in Sector 91, Gurugram). Underlying technical components include integrated smart-home automation with voice-activated controls, a 7D multi-layered security infrastructure (RFID-enabled gated entry, smart locks with verified guest access, CCTV-monitored lifts, 15 ft green security wall, smart card access), and IGBC-certified sustainable construction with solar power, rainwater harvesting, greywater recycling, and active air filtration in common areas.
The company monetizes inventory through direct, one-time unit sales to individual high-net-worth and ultra-high-net-worth buyers and non-resident Indians, with unit pricing ranging from Rs 7 crore at TARC Tripundra to Rs 11-14 crore at TARC Kailasa and from Rs 10.50 crore at TARC Ishva. Distribution is exclusively direct — no channel partners — via dedicated on-site sales offices at each project, the C-3 Qutub Institutional Area corporate headquarters, the corporate website (tarc.in), and a dedicated NRI support service; marketing relies on content marketing, earned media in publications like The Economic Times and Business Standard, and investor relations communications.
FY26 marked a major financial inflection: consolidated revenue jumped to Rs 671.78 crore (up from Rs 38.89 crore in FY25, roughly a 17x increase) on commencement of handovers at TARC Tripundra, and the company swung to a Rs 19.03 crore net profit from a Rs 231.29 crore loss. The combined project pipeline is approximately Rs 9,000 crore in GDV, with TARC Kailasa targeting completion in March 2030 and TARC Ishva possession in December 2029. TARC was incorporated as a separate entity following a pre-2020 demerger and received a $175 million equity investment from Bain Capital in May 2022, which was used to fully repay existing debt.
TARC firmographics
Firmographics- Name
- TARC
- Legal name
- TARC Limited
- Website
- https://tarc.in
- Company type
- Public
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- TARC Limited is a publicly listed Indian luxury real estate developer designing ultra-luxury residential projects in Delhi-NCR — Tripundra, Kailasa, Ishva, and Maceo — selling units priced Rs 7-14+ crore to high-net-worth individuals and NRIs.
- Ownership category
- akta.pro rank
Where TARC is headquartered
LocationHeadquarters
- HQ city
- Haryana
- HQ country
- India
- HQ region
- Asia
Offices6 records
Markets served
TARC business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Luxury Residential Property Sales: TARC generates revenue through the sale of ultra-luxury and luxury residential apartments in Delhi-NCR. Revenue recognition follows project completion milestones and customer handovers. The company has transitioned to profitability in FY26 with revenue of Rs 671.78 crore, driven by handovers at TARC Tripundra project. The development pipeline includes TARC Kailasa (Rs 4,400 crore GDV), TARC Ishva (Rs 3,600 crore GDV), and TARC Tripundra (Rs 1,000 crore GDV).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | TARC Tripundra - Ready to Move 3 & 4 BHK luxury apartments |
| Unit Pricing | Pay-as-you-go | TARC Kailasa - Ultra-luxury apartments on Patel Road |
| Unit Pricing | Pay-as-you-go | TARC Ishva - 4 BHK luxury residences in Sector 63A Gurugram |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
TARC product offering
Product offeringCore offering
TARC Limited develops and sells luxury and ultra-luxury residential apartment projects in Delhi-NCR, including TARC Tripundra, TARC Kailasa, TARC Ishva, and TARC Maceo, with units priced between Rs 7 crore and Rs 14+ crore targeting high-net-worth and ultra-high-net-worth buyers. The company emphasizes IGBC-certified sustainable construction, smart home automation, 7D security infrastructure, and heritage-inspired architecture differentiated around its "Inspired by India" brand positioning.
Product overview
TARC Limited is a luxury real estate developer specializing in premium residential projects across Delhi-NCR. The company operates a portfolio of four distinct luxury residential developments: TARC Ishva (ultra-luxury project in Gurugram Sector 63A), TARC Kailasa (ultra-luxury project in Central West Delhi), TARC Tripundra (ready-to-move luxury near IGI Airport), and TARC Maceo (premium project in Gurugram Sector 91). The portfolio targets the ultra-high-net-worth segment with residences priced from Rs 7 crore to Rs 14 crore, emphasizing Indian heritage-inspired architecture, sustainable practices, and differentiated luxury living experiences.
Differentiator
Problem solved
Functional benefit
Brands
- TARC Tripundra: Luxury residential project in South Delhi featuring IGBC Gold-certified sustainable design with 187 families, near IGI airport.
- TARC Kailasa
- TARC Ishva / TARC Ishvara
- TARC Maceo
Products and services
- TARC Ishva Ultra-luxury residential project in Sector 63A, Gurugram featuring four-side open residences with 3 BHK and 4 BHK apartments ranging from 3,000-4,000 sq. ft., private lift access, pillar-free corners, 85% open green area, and a 1.18 lakh sq ft clubhouse. Targeted at luxury and ultra-luxury buyers in Delhi-NCR.
- TARC Kailasa Ultra-luxury residential project on Patel Road in Kirti Nagar, Central West Delhi, comprising 110 apartments per tower priced between Rs 11-14 crore per unit. Features include sweeping balconies, private elevator lobbies, unique foyer entrances, temperature-controlled pool, spa, Turkish bath, and seven-tier security. Project GDV of Rs 4,400 crore. Targeted at ultra-luxury apartment buyers in Central West Delhi.
- TARC Tripundra Ready-to-move luxury residential project near IGI Airport, Delhi, offering 3 BHK and 4 BHK apartments starting from Rs 7 crore. Boutique IGBC Gold certified community of 187 families featuring 7D security systems, smart home technology, and amenities including spa, meditation zone, all-day diner, and sports bar. Targeted at luxury buyers seeking a close-knit community near IGI Airport.
- TARC Maceo Premium residential project in Sector 91, Gurugram offering holistic living with amenities including swimming pool, gym, squash court, sports bar, amphitheater, and reflexology area. Features sustainable practices including rainwater harvesting and solar panels. Targeted at premium residential buyers in Gurugram.
Quantifiable outcome
- Revenue growth from Rs 38.89 crore (FY25) to Rs 671.78 crore (FY26) - approximately 17x increase
- +3 more outcomes
Companies that use TARC
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
TARC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
TARC partnerships and signals
Strategic signalScale indicators13 records
Recent moves5 records
Expansion highlights5 records
TARC competitors and assessment
Company assessmentBroad incumbents
- Prestige Estates Projects: Listed Indian real estate developer with diversified residential, commercial, retail, and hospitality projects. Comparable to TARC as a listed developer with luxury and premium residential offerings, though primarily South India-focused.
- Brigade Enterprises: Listed Indian real estate developer with residential, commercial, and hospitality projects. Comparable to TARC as a listed developer, though primarily South India-focused with broader mid-market exposure.
- Mahindra Lifespace Developers: Listed Indian real estate developer focused on premium residential projects with sustainability orientation. Comparable to TARC in premium positioning and listed status, with pan-India footprint.
- DLF Limited: India's largest listed real estate developer with a diversified portfolio spanning luxury residential, commercial, and retail across multiple cities including Delhi-NCR. Relevant as the dominant incumbent whose luxury offerings (e.g., DLF Camellias, The Magnolias in Gurugram) directly compete with TARC Kailasa and Ishva.
- Godrej Properties: Large listed Indian real estate developer with a pan-India portfolio including luxury and premium residential projects. Comparable to TARC in listed real estate developer status and growth trajectory, with broader geographic diversification.
- Macrotech Developers (Lodha): Listed Indian real estate developer with a strong luxury and premium residential portfolio, particularly in Mumbai. Comparable to TARC in premium project positioning and listed entity status, though operating at much larger scale and different primary geography.
- Sobha Limited: Listed Indian real estate developer with a focus on premium residential projects and backward-integrated construction capabilities. Comparable to TARC in quality-focused luxury positioning and listed status.
Regional players
- Eldeco Group: North India-focused real estate developer with projects across Delhi-NCR and other northern cities. Operates in overlapping geographies and customer segments with TARC, providing a regional peer benchmark though typically in mid-premium rather than ultra-luxury.
- Signature Global: Listed Delhi-NCR focused real estate developer with affordable and mid-income housing focus. Operates in the same geographic market as TARC and provides a regional peer comparison for the Delhi-NCR real estate cycle, though serving a different price segment.
Direct peers
- Oberoi Realty: Mumbai-listed luxury real estate developer focused on premium and ultra-luxury residential projects. Comparable to TARC in target buyer segment (HNWIs), premium pricing, and brand-led differentiation, though geographically concentrated in Mumbai rather than Delhi-NCR.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
TARC social profiles
Digital presenceTARC compliance and trust
Trust signalCompliance2 records
TARC financial estimates
Financial estimateRevenue estimate
Valuation estimate
TARC leadership team
Management profileNumber of profiles
Profiles9 records
TARC funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TARC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TARC
What does TARC do?
TARC Limited develops and sells luxury and ultra-luxury residential apartment projects in Delhi-NCR, including TARC Tripundra, TARC Kailasa, TARC Ishva, and TARC Maceo, with units priced between Rs 7 crore and Rs 14+ crore targeting high-net-worth and ultra-high-net-worth buyers. The company emphasizes IGBC-certified sustainable construction, smart home automation, 7D security infrastructure, and heritage-inspired architecture differentiated around its "Inspired by India" brand positioning.
Is TARC a public or private company?
TARC is a public company. It is classified as public and is currently operating.
When was TARC founded?
TARC was founded in 2020. It employs 101 to 250 people.
Where is TARC based?
TARC is headquartered in Haryana, India, in the Asia region.
How does TARC make money?
One revenue line is on record: luxury Residential Property Sales.
Who are TARC's main competitors?
Broad incumbents on record are Prestige Estates Projects, Brigade Enterprises, Mahindra Lifespace Developers, DLF Limited, Godrej Properties, Macrotech Developers (Lodha) and Sobha Limited. Regional players are Eldeco Group and Signature Global. Oberoi Realty is listed as a direct peer.
Does TARC have an API?
No public API is recorded for TARC.