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TARC secures early occupancy certificate for luxury project Tripundra

December 2, 2025 at 03:59 PM UTCBy FilingReader AI

TARC Limited announced on December 2, 2025, that the Municipal Corporation of Delhi (MCD) granted a completion cum occupancy certificate for its luxury residential project, 'TARC Tripundra,' to Echo Buildtech Limited, a wholly owned subsidiary. This achievement marks a significant execution milestone, secured ahead of projected timelines for the project launched in fiscal year 2023 and completed in fiscal year 2026.

The 'TARC Tripundra' project, located in South Delhi's Pushpanjali Farms, features premium 3 and 4-bedroom residences designed for wellness and luxury living. The receipt of the occupancy certificate allows TARC to commence the formal handover process, which will contribute to revenue recognition, strengthen liquidity, and expedite debt reduction.

Amar Sarin, managing director & CEO of TARC Limited, highlighted that this milestone reinforces the company's capability to deliver high-quality developments efficiently and underscores its strategy to transform land into value-accretive communities. TARC continues to advance other high-end residential projects in Delhi and Gurugram, aiming to meet evolving customer expectations.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:TARCBombay Stock Exchange

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