TARC Launches 'Ishvara' at TARC Ishva, Boosting GDV to ₹3,600 Crore
TARC Limited launched 'Ishvara' at TARC Ishva in Gurugram, expanding the project to over 9 acres with 528 residences. The Gross Development Value (GDV) is now estimated at ₹3,600 crore. The development features six towers and dual entry access. This launch completes a masterplan and signals upcoming larger-scale developments.
The launch of a new phase and increased GDV is a significant development for the company, impacting its project portfolio and future revenue potential. However, it is a specific project launch and not a company-wide financial result, hence MEDIUM impact.
The launch of a new phase ('Ishvara') with an expanded development area and increased Gross Development Value (GDV) indicates positive business momentum and project expansion.
TARC Limited has announced the launch of 'Ishvara' at TARC Ishva in Sector 634, Gurugram, following RERA approval for an additional phase. This launch completes a masterplan envisioned as a residential ecosystem. The development has been expanded through a strategic acquisition of an adjoining land parcel, increasing the total development area to over 9 acres. The project now comprises six towers with 528 residences, bringing the overall development footprint to nearly 1.7 million sq. ft. The Gross Development Value (GDV) is now estimated at ₹3,600 crore. The development will feature dual entry access via 84-metre and 24-metre-wide roads.
Ishvara emphasizes TARC Ishva's core philosophy of Four-side Open Residences, designed for natural light, cross-ventilation, panoramic views, and privacy. The design integrates principles of the Golden Ratio and Indian spatial planning, including central greens inspired by the Brahmasthan, calibrated tower placement, private elevator cores for each residence, and thoughtful arrival sequences.
Mr. Amar Sarin, Managing Director & CEO, TARC Limited, stated that "Ishvara is not simply another development, it is the completion of a vision." He highlighted the strong customer response and the growing preference for thoughtfully designed, open living environments. The launch of Ishvara is seen as a reflection of a broader shift in luxury housing preferences towards fundamental aspects of living.
This launch is part of a broader development pipeline with upcoming projects envisioned at a larger scale. TARC Limited, headquartered in New Delhi, focuses on luxury residential developments in New Delhi and Gurugram, aiming to redefine urban living.
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TARC Limited filed this with the NSE as a statutory disclosure, categorised under product launches. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by TARC Limited. Read the original for the full detail.