TDI Clears Rs20 Billion Debt, Now Eyes Kundli Relaunch
ECONOMY & POLICY

TDI Clears Rs20 Billion Debt, Now Eyes Kundli Relaunch

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement