Corporate Actions
TARC unveils Rs 3,600 cr housing project in Gurugram

19-Mar-26   15:28 Hrs IST
The launch follows RERA approval for an additional phase, marking the completion of the project's master plan as an integrated residential ecosystem focused on space, design and architectural excellence.

The launch of Ishvara has been enabled by the strategic acquisition of an adjoining land parcel, taking the total development area to over 9 acres. The project will comprise six towers with 518 residences, with a total development potential of nearly 1.7 million square feet.

Additionally, the development will benefit from dual access via 84-metre and 24-metre-wide roads, enhancing connectivity and ease of access.

Amar Sarin, managing director & CEO, TARC, said: lshvara is not simply another development, it is the completion of a vision. The strong customer response reinforces the growing preference for thoughtfully designed, open living environments. With lshvara, we are not only expanding the scale of the development, but elevating its originil design intent.

TARC is focused on developing luxury residential projects in New Delhi and Gurugram. The company's consolidated net loss narrowed to Rs 21.02 crore in Q3 FY26 compared with net loss of Rs 28.67 crore in Q3 FY25. Revenue from operations zoomed 310.81% YoY to Rs 38.37 crore in Q3 FY26.

The counter fell 1.56% to Rs 123.20 on the BSE.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.