Tag: TDI Infrastructure

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ED Seizes Assets Worth ₹200 Crore from Delhi’s TDI Infrastructure

NEW DELHI: The Enforcement Directorate (ED) announced on Friday that it has provisionally attached immovable assets valued at over Rs 200 crore belonging to Delhi-based real estate firm TDI Infrastructure Limited, as part of an ongoing money-laundering investigation related to alleged fraud against homebuyers. The assets in question consist of 8.3 acres of land and commercial units in Kamaspur, Sonipat, Haryana, owned by TDI Infrastructure Limited (previously known as Intime Promoters Private Limited) and its affiliated companies. The ED stated that these properties have been appraised at Rs 206.4 crore. The company was unavailable for immediate comment regarding the ED’s…

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TDI Infrastructure Repays ₹2,000 Crore, Achieves Debt-Free Status

NEW DELHI: TDI Infrastructure Ltd has successfully repaid its total debt of Rs 2,000 crore, officially becoming a debt-free entity. In a statement released on Thursday, the company confirmed that it has “cleared all outstanding obligations amounting to Rs 2,000 crore without any restructuring, settlement, or waiver.” TDI Infrastructure is now focusing on consolidating its assets and developing both residential townships and commercial properties. TDI Infrastructure’s Akshay Taneja commented, “Achieving a debt-free status has been a significant milestone in our transformation journey. It exemplifies our long-term discipline and commitment to delivering tangible results while upholding financial integrity.” The company plans…