Agi Infra Limited Secures License for 'AGI Green Crest' Residential Project
Agi Infra Limited has secured a key operational license for its Group Housing Project, 'AGI Green Crest,' significantly advancing its real estate development portfolio. The company announced the receipt of the necessary approval, positioning it for increased revenue and profits from the sale of residential flats.The license for the project was issued by the Jalandhar Development Authority (JDA) under License No. JDA-2026/115, dated March 30, 2026. Agi Infra Limited confirmed that the license was received on April 16, 2026, covering the development of 'AGI Green Crest,' a residential project situated in a premium area of Jalandhar. The acquired license is valid up to March 29, 2031.
'AGI Green Crest' is designed to offer thoughtfully planned amenities and conveniences for its residents. The project comprises a total of 452 flats, including units of 3BHK and 2BHK formats.
Details regarding the project scope and key licensing information are as follows:
| Particulars | Detail |
|---|---|
| Developer | Agi Infra Limited |
| Project Name | AGI Green Crest |
| Issuing Authority | Jalandhar Development Authority (JDA) |
| License Number | JDA-2026/115 |
| License Date | March 30, 2026 |
| Receiving Date | April 16, 2026 |
| Project Location | Premium residential area in Jalandhar |
| Total Units | 452 Flats |
| 3BHK Units | 445 Units |
| 2BHK Units | 7 Units |
| License Validity | Up to 29.03.2031 |
The successful acquisition of this license is expected to boost the company's financial standing, as the registration will enable Agi Infra Limited to increase its revenue and profits through the sale of flats from the project.
AGIIL Stock Price Movement
Shares of Agi Infra Limited are edging higher to ₹370.15 as of 11:16 AM today, having gained ₹11.55, or 3.22%. The equity continues to see strong momentum in live trading, supported by a volume of 2.38 million shares.Source:
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