New Delhi, Dec 04th: TARC Limited today announced that its luxury residential development, TARC Tripundra, has received the Occupation Certificate (OC) much ahead of projected timelines marking a major execution milestone for the Company.
Launched in FY2023 and being completed in FY2026, Tripundra showcases TARC’s ability to deliver high-specification, design-driven residential projects with precision, speed and disciplined financial management.
Located in the prestigious South Delhi neighbourhood of Pushpanjali Farms, near the Delhi Airport, Tripundra comprises premium 3 and 4 bedroom residences designed around wellness, hospitality and lifestyle-led living, with differentiated amenities, curated services and an elevated design ethos. Located on the Delhi–Gurugram gateway, Tripundra benefits from seamless access to both the city’s business districts and high-end leisure destinations, while retaining the privacy, exclusivity and greenery of a gated retreat.
Throughout the development cycle, TARC made significant upgrades and enhancements to the original offering, consistently improving the product experience as design intelligence, material opportunities and customer insights evolved. Early customer response has been highly positive, particularly for the quality of finishes, landscape environments, amenity programming and the overall lifestyle proposition.
With the OC now received, the Company will commence the formal handover process, representing a major revenue recognition milestone. TARC Tripundra remaining cash flows will strengthen liquidity, further expedite debt reduction and reinforce the Company’s capital-efficient operating model.
Commenting on the milestone Mr. Amar Sarin, Managing Director & CEO, TARC Limited, said: “Receiving the OC for Tripundra reinforces our ability to execute high-quality developments with speed and discipline reflects our strategy of transforming well-located land into value-accretive communities that deliver strong returns. The market is increasingly demanding design intelligence, hospitality-led living and institutional-grade delivery and Tripundra demonstrates how we are responding by lifting the benchmark for luxury residential experiences in Delhi. With a robust pipeline, marquee land bank and a strong business model, we have clear visibility on growth over the next several cycles and remain focused on disciplined execution, strengthening our balance sheet and generating sustained value for customers, partners and shareholders.”
In addition to ongoing developments, the Company is advancing rapidly with planning and design of other high-end residential projects in Delhi and Gurugram, guided by its philosophy of design-led, curated lifestyle offerings. These upcoming developments are being crafted to meet the evolving expectations of discerning customers across the capital region.