Tag: TDI Infratech

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TDI Infratech, DC Group to invest ₹750 crore in Ludhiana project

NEW DELHI: Realty company TDI Infratech announced a partnership with DC Group to develop a 150-acre township in Ludhiana, with an investment of ₹750 crore. The upcoming township will feature luxury housing, residential plots, and low-rise independent floors, catering to both end-users and long-term investors. The total developable area will exceed 6 million square feet. As per their statement, “TDI Infratech, in collaboration with DC Group, has announced its venture into Ludhiana through the establishment of an integrated township spanning approximately 150 acres.” Akshay Taneja, Managing Director of TDI Infratech, emphasized that Ludhiana stands out as a high-potential market with…

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Prestige Group Scraps Lutyens’ Plan, Sells Bungalow

Representative Image NEW DELHI: The Prestige Group from Bengaluru, which purchased a bungalow from TDI Infratech on Kasturba Gandhi Marg in Delhi for the development of a luxury boutique project, has withdrawn from the deal due to approval delays. The firm has sold the property for approximately ₹450 crore, after acquiring it two years ago for about ₹300 crore. TDI retained ownership of the Lutyens Delhi property intended for redevelopment. Initially set as a joint development agreement, Prestige eventually acquired the asset entirely. The property covers 5,100 square yards, with a projected revenue potential of ₹700 crore. Sources indicate that…