TARC Limited, a leading luxury real estate developer in Delhi-NCR, has strengthened its leadership team with the appointment of Ajay Gupta as Chief Development Officer (CDO), Ankush Kaul as Chief Business Officer (CBO), and Mridul Srivastava as Chief Human Resources Officer (CHRO). The appointments come as the company expands its luxury residential business and prepares for its next phase of growth.
The three executives bring together more than 80 years of experience across real estate, infrastructure, financial services, hospitality, technology and human resource management. Their expertise is expected to support TARC’s focus on project execution, business expansion, customer experience and organisational development.
Announcing the appointments, Amar Sarin, Managing Director and Chief Executive Officer of TARC Limited, said the company continues to invest in strong leadership to support its long-term growth plans. He said Ajay Gupta, Ankush Kaul and Mridul Srivastava bring valuable experience in project development, business growth and people management. Their leadership will help the company strengthen operations, improve customer experience and deliver high-quality luxury homes.
Ajay Gupta joins TARC with more than 37 years of experience in real estate and infrastructure development. Before joining the company, he served as President – Projects at Krisumi Corporation, where he led the development and operations of a 35-acre township with nearly 8.5 million square feet of built-up area. Earlier, he headed projects for North India at Godrej Properties, managing developments spread across Gurgaon, Sonipat, Delhi and Noida.
As Chief Development Officer, Mr Gupta will oversee design, planning, project development, procurement, quality control, safety, contracts, budgeting and cost management. His role will focus on improving project planning and ensuring timely delivery while maintaining high standards of quality.
Ankush Kaul has over 25 years of experience in sales, marketing and business development. During his career, he has worked with leading companies such as DLF, Central Park, Ambience and Tribeca. He has contributed to premium residential sales worth more than ₹15,000 crore. At TARC, he will lead sales, marketing, customer advisory and customer experience while helping shape future projects through market research and customer insights.
Mridul Srivastava brings more than 23 years of experience in human resources and organisational transformation. He has held senior positions with Shyam Group, Hero FinCorp, Religare, DLF Homes and ITC Hotels. As Chief Human Resources Officer, he will lead talent acquisition, leadership hiring, employee development, performance management and business excellence. He will also oversee the Project Management Office to strengthen operational efficiency as TARC continues to expand its business.
TARC Limited (NSE: TARC | BSE: 543249), headquartered in New Delhi, is a leading luxury real estate developer focused on creating premium residential communities in Delhi and Gurugram. The company develops high-end homes that combine contemporary design, quality construction and thoughtfully planned living spaces to meet the evolving needs of discerning homebuyers.
With a strong emphasis on excellence, innovation and customer satisfaction, TARC is committed to delivering world-class residential developments that redefine urban living. Its projects are designed to offer a blend of luxury, comfort and modern amenities while maintaining high standards of quality and execution.
Supported by a strong portfolio of prime land parcels and strategic financial partnerships, TARC continues to strengthen its presence in the luxury housing segment. The company remains focused on developing landmark residential projects that create long-term value for customers and reinforce its position as one of India’s leading premium real estate developers.
