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.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..