TARC Limited announces launch of ultra-luxury, high-rise residential project 'TARC Kailasa' in Central Delhi

TARC Limited, a Delhi-based luxury real estate company that is listed on NSE & BSE, announced the launch of its latest project in New Delhi called 'TARC Kailasa'. As per the company, the ultra-luxury, high-rise residential project will be centrally located on main Patel Road in Central Delhi. 

TARC Kailasa, a 1.7 million square feet project, will be spread over a 6 acre land parcel, and comprise of 5 high-rise towers that are designed by Singapore-based architectural firm Andy Fisher Workshop. 

The company informed in its official release that it has chosen Arabian Construction Company as its construction contractor considering their expertise in high-rise construction and the large number of projects that they have delivered across India and the United Arab Emirates (UAE).

Talking about the project, Amar Sarin, MD and CEO of TARC Limited, said, "Be it the expansive spread, the high ceilings, the 3 side open design for light and ventilation, very high end specifications, private lift lobbies and the all weather pools, KAILASA has been designed to provide the solace and tranquil we all long for. The 170,000 square feet entertainment areas, the 7-tier security, the concierge services and the large apartment formats at KAILASA have something and more for each member of your family."

He shared that the TARC Kailasa project has as a revenue potential of over Rs 4,000 crore, and the company has garnered a tremendous response on its launch.

Commenting on the growth and transformation of the residential real estate sector, Sarin shared that he has very positive views and belief on the growth trajectory that India is witnessing and the greater growth opportunities going forward under the leadership of Prime Minister Narendra Modi.

TARC Kailasa: Project Details 

No of Units- 418
Towers - 5
Storeys - 35 
Potential revenue - Over Rs 4,000 crore

3 BHK- 40% units
4 BHK- 60% units

Project development cost - Rs 1,200 Crores

Unit Sizes - 
i) 3440 sq ft;
ii) 4246 sq ft
       
Approximate price of units - 
3BHK- Rs 9 Crores (BSP)
4BHK- Rs 12 Crores (BSP)