Message from MD''s Desk
In a short span of time your company has grown manifold in a name to be reckoned with in Northern India. AGI Infra Ltd has also got huge response besides locals from Indian Diaspora settled in various countries looking for a secured & comfortable living in green environment of of our housing projects at Jalandhar. This has been possible through our focus on cost effectiveness prompt customer service & delivery of promised ingredients of luxury living. Different categories of ready to move in flats of different sizes catering to the rich & middle class alike have been offered spanning from 2 BHK, 3 BHK, 4 BHK, 5 BHK & and pent house categories. AGI has become a premium brand & enjoys utmost confidence of all our stake holders'' viz home buyers, vendors & investors.
We always have ensured that all statutory & environmental clearances are obtained before launching new projects, thus enjoying support of all government departments & trust of house seekers. The company will always remain committed to environment safety and will take all necessary & ethical steps to protect the environment surrounding of all our projects. Company has always tried to put maximum under corporate social responsibility. Most of our buildings are green buildings certified by Indian Green Building Council.
In the light of Prime Minister''s Mission of Housing for all, the company is coming up with the new projects focusing on affordable housing in the coming years, which has tremendous scope in our country. First of such project AGI Smart Homes having over 1000 flats stands launched and construction is in full swing, we are targeting to hand over this project before due date. Another project AGI Sky Garden in this segment has also been launched and construction is in full swing having 1294 at GT Road Jalandhar.
In premium segment we have launched 4BHK under the name and style of AGI Palace, construction is in full swing and about 450 units of 3,4,5 BHK Jalandhar Heights -II Extn. stands also approved and construction will be started soon.
We are in the process of launching 100 acres Mega Township Project in the name and style of URBANA by AGI, having plots and villas.
We are also going to take big lead in the city in commercial projects, one such project is near completion, it will have world class retail outlets, brands like Marks & Spencer, ICONIC stands signed and we are also in the process of signing few other brands and this building will be operative in this year. Second Mega Commercial Project at GT Road is under planning, a five star hotel Holiday Inn , Eight Screen cinemas PVR stands also signed and negotiating with many other brands to sign for this site. This project will also be launched soon.
We are hoping with the ongoing projects and projects in hand, we will take the company to the next level very soon. In this year we could able to register a profit growth 140% and are hoping with performance of the company, the wealth of the shareholders will also increase and as you all know We have also moved to main BSE board.
I thank all the AGI team members, investors, bankers and auditors for their continuous contribution, involvement & support in the present and upcoming projects of the company. We all are prepared to meet new opportunities & challenges and AGI will scale up new heights with every coming day. Yours truly,