TARC receives funding from Bain Capital
Real Estate

TARC receives funding from Bain Capital

TARC, a real estate development business based in North India, has raised Rs 1330 crore from Bain Capital in the United States. Bain Capital Credit provided the cash in the form of secured long-term NCDs.

TARC has used a portion of the freshly injected cash to retire all of its previous debt with several domestic lenders, achieving the twin goals of lowering the cost of capital and replacing short-term debt with patient long-term capital.

These cash would be used to expand the company and maintain its recent growth rate. More precisely, it would be used immediately to develop TARC's notable New Delhi centric property parcels intended for residential development, as well as TARC's other land holdings strategically positioned in the satellite town of Gurgaon. TARC is preparing to debut its projects, which would usher in a new era of luxury living in New Delhi.
Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

TARC, a real estate development business based in North India, has raised Rs 1330 crore from Bain Capital in the United States. Bain Capital Credit provided the cash in the form of secured long-term NCDs.TARC has used a portion of the freshly injected cash to retire all of its previous debt with several domestic lenders, achieving the twin goals of lowering the cost of capital and replacing short-term debt with patient long-term capital.These cash would be used to expand the company and maintain its recent growth rate. More precisely, it would be used immediately to develop TARC's notable New Delhi centric property parcels intended for residential development, as well as TARC's other land holdings strategically positioned in the satellite town of Gurgaon. TARC is preparing to debut its projects, which would usher in a new era of luxury living in New Delhi.

Next Story
Resources

SPAN FLOORS Unveils New Coswick Oak Collection in India

SPAN FLOORS, a leading name in premium wooden flooring in India, is proud to announce the launch of three exciting additions to the Coswick collection. These include Coswick Oak Cedar in Plank format, Coswick Oak Grey Wood in Herringbone, and the popular Coswick Oak Pastel, now available in the elegant herringbone pattern. These new products elevate the brand’s portfolio by blending timeless elegance with modern craftsmanship, offering stylish solutions for various interior designs.The new Coswick collection is available for viewing and purchase at SPAN FLOORS’ flagship store in M-Block Ma..

Next Story
Resources

Ashwin Sheth Group’s #3YearsFromNow Campaign Envisions Mumbai's Future

Ashwin Sheth Group, a leading luxury real estate player, announces the launch of its campaign, #3YearsFromNow, centred around its marquee project Edmont Aurelia in Kandivali. This initiative envisions various locations in Mumbai – starting with Kandivali and evolving into a thriving hub of growth and innovation over the next three years, featuring world-class infrastructure, premier educational and governmental institutions, upscale shopping malls, bustling corporate hubs, and seamless connectivity.The #3YearsFromNow campaign is a bold statement of commitment to transforming Mumbai’s urban..

Next Story
Resources

Bonzer7 Signs Vaani Kapoor for ‘Kya Baat Hain’ Campaign

Bonzer7, a premium tiles brand by Asian Granito India Ltd (AGL), has announced Bollywood actress Vaani Kapoor as its brand ambassador. This collaboration highlights Vaani's elegance and versatility, aligning perfectly with Bonzer7's focus on luxurious, innovative products. The announcement coincides with the launch of its new campaign, ‘Kya Baat Hain,’ featuring the Bollywood star.Bonzer7 caters to modern India's aesthetic needs, offering a rich collection of stylish and budget-friendly tiles. Competing with Morbi-based brands, Bonzer7 has become a leader in trendy designs, blending afford..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000