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TDI Infratech To Invest Rs 100 Crore To Build Commercial Project In Mohali

Spread over 1.38 acres, the commercial project will be delivered by December 2022.

A labourer takes a break at the construction site of Real Estate commercial building in Lower Parel, Mumbai. (Photographer: Dhiraj Singh/Bloomberg)
A labourer takes a break at the construction site of Real Estate commercial building in Lower Parel, Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Real estate firm TDI Infratech Ltd. on Saturday said it will invest Rs 100 crore to develop a commercial project in Mohali.

Spread over 1.38 acres, the commercial project will have a total built-up area of 1.5 lakh square feet and will be delivered by December 2022, the Delhi-based company said in a statement. The project will have space for retail, food and entertainment. It is a part of TDI Smart City Mohali.

Vimal Monga, vice president of sales and leasing (commercial) at TDI Infratech, said this will be completely a lease model project.

The firm's major projects include TDI City Kundli, TDI City Panipat and TDI Smart City Mohali.