TDI Clears Rs20 Billion Debt, Now Eyes Kundli Relaunch

28 Jul 2025 CW Team

Delhi-based real estate developer TDI Infrastructure Ltd has announced that it is now completely debt-free, having repaid Rs20 billion in outstanding obligations without any restructuring, settlement, or waiver, according to a statement issued on 24 July.

The company confirmed that all External Development Charges (EDC) have also been cleared, further reinforcing its financial position. TDI attributed this achievement to a combination of internal accruals and land monetisation, which enabled it to deleverage its balance sheet.

“Becoming debt-free has been a critical milestone in our transformation journey. It reflects our long-term discipline and commitment to delivering on-ground performance while maintaining financial integrity,” said Akshay Taneja, TDI Infrastructure’s representative. He added that the company is now entering a new chapter focused on growth, operational efficiency, and scale.

TDI is now preparing to relaunch TDI City in Kundli, near Sonipat, located along the Delhi–Chandigarh NH-1. Spanning over 1,200 acres, the integrated township is among the largest in the region. Kundli’s growing prominence is driven by its connectivity to Indira Gandhi International Airport, Dwarka, Gurugram, and key routes like the UER-II and Kundli–Manesar–Palwal Expressway.

Additionally, the company plans to enter the Ludhiana market with a new township project, expanding its presence across Punjab and Haryana.

TDI has already delivered projects covering over 2,500 acres in key locations such as Kundli, Mohali, Panipat, Rajpura, Faridabad, Agra, and Moradabad. With a clean balance sheet, the firm will now prioritise project delivery, customer experience, and monetisation of commercial assets across its portfolio.

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