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AGI Infra enters into development agreement with ABS Builders

23 Aug 2021 Evaluate

AGI Infra has entered into a development agreement with ABS Builders & Promoters LLP, Chandigarh who has to develop a project in total 14.9 Acres (72,116 sq. yards). Out of the total property, about half is owned by ABS Builders & Promoters LLP and the balance by The Working Friends co-operative Housing Society.

ABS Builders & Promoters LLP has offered the rights to develop FAR measuring 625000 Sq fts in the project being developed by it at Village Sohana, District SAS Nagar (Mohali) in the State of Punjab. The Consideration of purchase of rights of developing FAR measuring 625000 Sq.ft is Rs.80 crore.

The proposed development agreement will help the company to expand its business operations outside the city of Jalandhar and entering into new geography in SAS Nagar (Mohali), Near Chandigarh.

AGI Infra Share Price

374.60 15.70 (4.37%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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