TARC Limited Launches TARC Ishvara in Gurugram with GDV of ₹3600 Crore
Filing Summary
TARC Limited has announced the launch of TARC Ishvara, a residential development located in Sector 63A, Gurugram. The project spans over 9 acres and includes six towers with 518 residences, expanding the development footprint to nearly 1.7 million sq. ft. The estimated Gross Development Value (GDV) is ₹3600 crore. The development features Four-side Open Residences and benefits from dual entry access. The launch follows the strategic acquisition of an adjoining land parcel and RERA approval for an additional phase. TARC continues to focus on luxury residential developments in New Delhi and Gurugram.
TARC Limited has launched TARC Ishvara, a new residential development situated in Sector 63A, Gurugram. This project marks a significant expansion following the strategic acquisition of an adjoining land parcel, increasing the total development area to over 9 acres. The development now includes six towers comprising 518 residences, with a total development footprint of nearly 1.7 million sq. ft. The project has received RERA approval for an additional phase, completing a masterplan designed as a cohesive residential ecosystem.
The estimated Gross Development Value (GDV) of TARC Ishvara is ₹3600 crore. This valuation reflects the project’s scale and the strategic acquisition that expanded the development area. The project features dual entry access via 84-metre and 24-metre-wide roads, enhancing connectivity and accessibility. The financial commitment underscores TARC’s focus on long-term value creation within the luxury residential sector.
TARC Ishvara is characterized by its Four-side Open Residences, a design approach that allows for abundant natural light, continuous cross-ventilation, and panoramic views. Each residence is designed to remain open on all four sides, ensuring enhanced privacy and a sense of expansiveness. The development integrates central greens inspired by the Brahmasthan, private elevator cores for each residence, and carefully calibrated tower placement, all contributing to a living experience defined by balance and spatial clarity.
The project is strategically located along Golf Course Extension Road, providing seamless connectivity to key commercial and business hubs, educational institutions, healthcare facilities, and lifestyle destinations. This location supports TARC’s commitment to offering luxury living environments that maintain a low-density, open setting. The launch of TARC Ishvara aligns with a broader shift in luxury housing preferences, emphasizing fundamental aspects of living such as air movement, natural light, and architectural proportion.
The launch of TARC Ishvara follows the completion of strategic land acquisition and RERA approval processes. The development is part of TARC’s broader pipeline of projects, which includes upcoming developments at a larger scale with expansive landscapes and deeper design integration. These projects aim to set new benchmarks in ultra-luxury living and reinforce TARC’s leadership in the luxury residential sector in the Capital.
TARC Limited, listed on NSE and BSE, is a prominent player in the luxury real estate development sector, focusing on New Delhi and Gurugram. The company is dedicated to delivering high-quality residential developments that redefine urban living. TARC’s strategic initiatives include leveraging prime land parcels and financial collaborations to solidify its position as a leader in the residential real estate market.