TARC LIMITED — Capital/Financing Update 2022

Nov 28, 2022

November 28,2022

To, The General Manager, Deptt of Corporate Services, BSE Limited, P.J. Tower, Dalal Street, Mumbai - 400001

Equity Scrip code: 543249 Scrip Symbol: TARC Debt Scrip Code: 973928

To, The Vice President, National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (E) Mumbai - 400051

Subject: Press Release

Dear Sir,

Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,20l5, we are enclosing herewith a copy of the press release titled "TARC Limited receives Occupation Certificate for premium residential project in Gurugram, TARC Maceo".

Kindly take the same on record.

Thanking you,

Yours faithfully, For TARC Limited Amit Narayan Digitally signed by Amit Narayan Date: 2022.11.28 10:37:49 +05'30'

AmitNarayan Company Secretary A20094

Encl.: As above

TARC Limited receives Occupation Certificate for premium residential project in Gurugram, 'TARC Maceo'

• c The project offers 2, 3 and 4-BHK premium homes
• . OfIers various omenities and services, including infinity swimming pool, expansive water front and lush green dreo
• o Also includes a gigantic clubhouse; Club Tierra

New Delhi, November 28, 2O22 TARC Ltd - a leading premium real estate developer in Delhi and NCR - has secured the Occupation Certificate (OC) for its premium residential project, TARC Maceo, in the lush and sprawling Sector 91, Gurugram.

TARC Maceo offers an assortment of premium 7/3/4 BHK apartments and palatial penthouses spread across 15.75 acres. The project provides secure and tranquil living along with a thoughtful mix of amenities and services, including squash courts, swimming pool, gym, yoga and meditation room, restaurant, amphitheatre, lounge, kids'play area, lily pond and seating, skating rink, multilevel security check, pre-school, shuttle service and much more. The current booking offering is at INR 6,300 per sq. ft., an increase of over 4A%in one year.

Additionally, the property offers a unique clubhouse, Club Tierra - an experiential zone with cool comforts designed to suit homeowners' dreams and aspirations. The already operational clubhouse presents a blend of immersive experiences, carefully curated for an upscale lifestyle that complements the aesthetics and preferences of its elite residents.

Elaborating on the premium project, Amar Sarin, Managing Director & CEO - TARC Ltd said, "We are pleased to recelve the OC for our project, TARC Maceo. Besides premium homes, it offer customers elevated experiences with amenities that go beyond standard ones and into the smart world of experiential living. With more than 650 families already residing here, prospective customers will be happy to know that we have select units still available for sale at TARC [V'laceo."

With lush green natural surroundings that provide some respite from the polluted environs of the main city, TARC Maceo is the perfect setting for a new beginning. The project includes rainwater harvesting, wastewater treatment and solar panels to ensure sustainable solutions that curb carbon footprints. At TARC Maceo, the environmental impact of every element has been carefully addressed.

The Company has been delivering consistent operational performance in current financial year. TARC recently launched its luxury residential project, TARC Tripundra. Nestled amidst the scenic and posh environs of Pushpanjali Farms on the main Bijwasan Road in New Delhi. The Company has received compensation from land acquisitions by Government, INR 70 crores in Q2FY23, enhanced amount to be receive in near future.

About TARC Limited

TARC Ltd (NSE: TARC. BSE: 543249) is a leading Premium Real Estate Developer with one of the largest land banks and key land parcels at prime locations in Delhi and the National Capital Region. The leadership at TARC has spent the past four decades creating and building multiple projects across New Delhi-NCR through diverse verticals of residential, hospitality, commercial and retail with the mission of transforming urban living by curating future-ready, high-quality developments. TARC has augmented its brand equity after recent collaborations with Bain Capital, USA and Blackstone lnc.

For further information, vrslf; wwiry.TAR8.in

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