TDI Infrastructure clears Rs 2,000 crore debt; plans projects in Haryana and Punjab

Delhi-based real estate developer, TDI Infrastructure Limited, has announced that it has become "debt-free" after having cleared all outstanding obligations amounting to Rs 2,000 crore without any restructuring, settlement, or waiver, the company said in a statement on July 24.

TDI said that its External Development Charges (EDC) dues stand fully paid, further strengthening its financial and operational standing. The company said that internal accruals and land monetization enabled the company to clean balance sheet by clearing the debt.

“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. We are now entering a new chapter focused on growth, efficiency, and scale,” TDI Infrastructure’s Akshay Taneja said in the statement.

As part of its upcoming plans, TDI Infrastructure is preparing for a relaunch of TDI City in Kundli near Sonipat on Delhi-Chandigarh national highway (NH-1). Spanning over 1,200 acres, the township remains one of the region’s most expansive integrated residential hubs.