AGI Infra Limited has received official registration under the Real Estate (Regulation and Development) Act, 2016, from the Real Estate Regulatory Authority (RERA), Punjab. The registration, bearing number PBRERA-JAL33-PR1225 and dated July 11, 2025, pertains to the company’s new residential group housing project named “Prestige by AGI” located at Village Pholriwal in Jalandhar, Punjab.

The approved project will feature a total of 713 residential units, including 701 3BHK apartments and 12 2BHK flats. The registration is valid until March 27, 2030.

According to the company, this RERA approval marks a significant step forward in its expansion strategy and is expected to contribute positively to its future revenue and profitability, driven by the sale of units in this upcoming development.

AGI Infra confirmed there has been no withdrawal, suspension, or cancellation of this license, and no penalties have been imposed.

In the meantime, AGI Infra shares closed at ₹1,030.00 on Friday, slightly lower than the opening price of ₹1,033.00. During the day, the stock touched a high of ₹1,045.00, also its new 52-week high, and a low of ₹1,009.00.

TOPICS: AGI Infra