TARC Limited Appoints Arabian Construction Company for upcoming luxury residential projects

About Approval

TARC Limited, a leading real estate developer in New Delhi, has announced the appointment of Arabian Construction Company (ACC) as the principal contractor for their two upcoming luxury residential projects – TARC Kailasa and TARC 63A Gurugram. This collaboration promises to redefine luxury living in Delhi and Gurugram.

TARC Limited, known for its commitment to creating world-class living spaces, has joined forces with the expertise of ACC, a UAE-based construction powerhouse with a 50-year legacy. ACC is renowned for delivering iconic skyscrapers across the UAE and India, adhering to the highest standards of safety, sustainability, and professionalism. This strategic partnership ensures that TARC’s upcoming developments will be architectural marvels, crafted with meticulous attention to detail.

TARC Kailasa, a sprawling 2.8 million square feet development in Central West Delhi, boasts five magnificent 40-story towers. TARC 63A Gurugram, an upcoming project, promises over 1.8 million square feet of luxury living spread across five 45-story towers. With TARC Limited’s vision and Arabian Construction Company’s proven track record, these upcoming projects are poised to become landmarks in their respective cities.

Share Price Movement

TARC Ltd. (TARC) currently trading at Rs 193.05, up 0.94% from the previous day’s closing price of Rs 191.25. The stock has a high of Rs 197.00 and a low of Rs 182.55. Looking at the bigger picture, TARC Ltd. is currently trading well within its 52-week range, which sits between a high of Rs 238.45 and a low of Rs 70.56. The stock has upper and lower price bands, set at Rs 200.80 and Rs 181.70 respectively (a 5% fluctuation range from the current price).

About Company

TARC Limited stands at the forefront of luxury real estate development, headquartered in New Delhi. Committed to being inspired by India and crafting unparalleled living experiences, TARC is dedicated to delivering exceptional quality to its discerning clientele. Presently, the Company is focused on the development of luxurious residential developments in New Delhi and Gurugram. With an unwavering commitment to redefining urban living, TARC has established itself as a beacon of luxury and sophistication in the industry. Our brand is synonymous with Super Luxury offerings that epitomize excellence at every turn. Driven by a vision to revolutionize the landscape of urban living, TARC is steadfast in its mission to curate forward-thinking, top-tier developments that embody the pinnacle of quality and innovation. Backed by a robust portfolio of prime land parcels and strategic financial collaboration with Bain Capital, TARC is poised to further solidify its position as a leader in the real estate sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.