AGI Infra has received License No. JDA-2026/115 dated March 30, 2026, from the Jalandhar Development Authority for its residential project AGI Green Crest. The company received the license on April 16, 2026, marking a significant regulatory milestone for its real estate development activities in Punjab.

Project Specifications

The AGI Green Crest project has received official authorization to develop a substantial residential complex in a premium residential area in Jalandhar. The project specifications and licensing details are outlined below:

Unit Configuration

The project comprises a total of 452 residential units with a specific breakdown that caters to different housing requirements. The majority of the development consists of 445 three-bedroom units, while 7 units are designed as two-bedroom flats. The project also includes thoughtfully planned amenities and conveniences for its residents.

Regulatory Compliance

The development license represents a critical regulatory milestone disclosed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. With the license valid until March 29, 2031, the company has secured a substantial timeframe to execute the project development, construction, and delivery phases.

The approval from the Jalandhar Development Authority provides the necessary legal framework for the company to proceed with construction activities and marketing of the residential units. According to the company's disclosure, this registration will enable AGI Infra to increase its revenue and profits from the sale of flats in the project.

Business Impact

The AGI Green Crest project represents a significant addition to AGI Infra's portfolio of residential developments in Punjab. The 452-unit project, located in a premium residential area of Jalandhar, demonstrates the company's continued focus on expanding its presence in key markets across the region. The project scale and strategic location position it as a potential contributor to the company's future revenue pipeline once construction and sales activities commence.

AGI Infra has received the GMADA (Greater Mohali Area Development Authority) license for its residential project "Utopia By AGI" in New Chandigarh. The company obtained License No. LDC-101/2026 dated March 31, 2026, which was received on April 1, 2026, enabling the development of a significant housing project in the premium residential area.

Project Specifications

The Utopia By AGI housing project represents a substantial residential development with comprehensive planning and design. This maiden project in New Chandigarh demonstrates the company's expansion into the region's growing real estate landscape.

Flat Configuration and Development Scope

The project spans across 10.26 acres and is designed to accommodate 661 residential flats with a diverse mix of configurations. The development offers approximately 31.93 lakh square feet of saleable area, representing a significant addition to New Chandigarh's residential housing stock.

Strategic Location and Business Impact

New Chandigarh has emerged as a preferred destination for residential developments due to its strategic location and planned infrastructure. The Utopia By AGI project's positioning in this premium residential area aligns with the growing demand for quality housing in the region. The GMADA license ensures compliance with local development regulations and urban planning guidelines.

According to the company's disclosure, this registration will enable AGI Infra to increase its revenue and profits from the sale of flats in the project. The project also includes thoughtfully planned amenities and conveniences for residents, enhancing its market appeal.

The receipt of the GMADA license marks an important regulatory milestone for AGI Infra, enabling the company to move forward with the construction and marketing phases of its first project in New Chandigarh.