AGI Infra Pipeline Reaches 61.73 Lakh Sq Ft by 2032

AGI Infra Limited listed 61.73 lakh square feet of upcoming saleable area across four 100%-owned projects as of September 30, 2026, with estimated completions from June 2031 to June 2032. The pipeline includes 2,182 planned flats and a 24-floor commercial project, while the company also reported 152.25 acres of Punjab land reserves.

What projects make up AGI Infra's upcoming pipeline?

AGI Infra's upcoming pipeline comprises four projects with 61.73 lakh square feet of saleable area, all recorded as 100% owned as of September 30, 2026. Gateway By AGI in Ludhiana is the largest project, with 40 lakh square feet and 1,200 flats, followed by the 11 lakh-square-foot Commercial Project in Jalandhar.

AGI Infra identifies 2,182 flats across Gateway By AGI, AGI Urban Crest and AGI Heart Land. The Jalandhar Commercial Project is instead described as a 24-floor development, so its 11 lakh square feet is included in total area but not in the 2,182-flat count.

When are AGI Infra's upcoming projects expected to finish?

AGI Infra expects the Commercial Project to finish in June 2031, while AGI Urban Crest and AGI Heart Land are targeted for March 2032 and Gateway By AGI for June 2032. The disclosed schedule therefore spans 15 months from the first planned delivery to the last.

The Commercial Project is the only upcoming scheme due in 2031 and accounts for 11 lakh square feet. The three projects due in 2032 together represent 50.73 lakh square feet, with Gateway By AGI alone contributing 40 lakh square feet and 1,200 planned flats.

AGI Infra separately listed 13 ongoing projects with 195.43 lakh square feet of saleable area as of September 30, 2026. Their stated completion dates range from March 2027 for AGI Sky Garden-III and AGI Smart Homes-II to March 2031 for AGI Greencrest, Utopia by AGI and AGI Gateway, placing the upcoming portfolio after much of the ongoing delivery programme.

How does AGI Infra's upcoming area compare with its ongoing projects?

AGI Infra's 61.73 lakh-square-foot upcoming portfolio is smaller than its 195.43 lakh-square-foot ongoing portfolio, but it extends the disclosed project timetable into 2032. The presentation records the upcoming category at 0% completion, with zero area sold and 61.73 lakh square feet unsold as of September 30, 2026.

The ongoing category had 70.70 lakh square feet sold from 195.43 lakh square feet of saleable area, compared with 99.03 lakh square feet sold from 102.20 lakh square feet in completed projects. This comparison shows that completed projects were largely sold, while ongoing projects had 124.48 lakh square feet of unsold area and upcoming projects had no sales disclosed.

All four upcoming projects are shown as wholly owned, unlike AGI Cambium, an ongoing Ludhiana project in which AGI Infra reports a 60% stake. AGI Cambium has 12.18 lakh square feet of saleable area, 99,525 square feet sold and an estimated completion date of March 2029.

Where are AGI Infra's land reserves located?

AGI Infra reported 152.25 acres of land reserves, covering 66.42 lakh square feet across 10 Punjab locations as of September 30, 2026. Every entry in the land-reserve table is shown with a 100% company stake, and the largest individual parcel is 27 acres at Village Pholriwal in Jalandhar.

Jalandhar accounts for five disclosed reserve locations and 83 acres: Village Kadianwali with 23 acres, Village Chitewani with 6 acres, Village Pholriwal with 27 acres, Village Barring and Dhannowali with 5 acres, and Village Jagral and Chananpur with 22 acres. These entries represent more than half of the 152.25-acre total.

The remaining reserves include 24 acres at Village Khazurla in Kapurthala, 18 acres at Akalgarh and Lalton Kalan, and 17 acres at Village Palheri and Bhagat Majra in New Chandigarh. Ludhiana has 10.25 acres across Village Dagad and Sunet with 6 acres and Village Salem Tabri and Bhora with 4.25 acres.

What does AGI Infra disclose about purchased FAR?

AGI Infra says it has purchased floor area ratio, or FAR, for 6.25 lakh square feet in addition to its 152.25-acre land-reserve disclosure. FAR is distinct from physical plot area, and the presentation does not provide a location, project allocation, purchase date or timeline for the purchased development rights.

The 6.25 lakh square feet of FAR should not be added to the 66.42 lakh square feet of plot area in the reserve table because the presentation labels one as purchased FAR and the other as land area. The company also does not assign any of the 10 land-reserve locations to Gateway By AGI, the Commercial Project, AGI Urban Crest or AGI Heart Land.

AGI Infra's four upcoming projects are each reported at 100% ownership, matching the ownership shown for the listed land parcels. However, the disclosure does not state whether the 61.73 lakh square feet of upcoming saleable area will be developed on the reported 152.25 acres or use the separately purchased FAR.

Conclusion

AGI Infra has disclosed a 61.73 lakh-square-foot, wholly owned future pipeline led by the 40 lakh-square-foot Gateway By AGI in Ludhiana, alongside 152.25 acres of land reserves across 10 Punjab locations. The upcoming portfolio is separate from 195.43 lakh square feet of ongoing projects and has no area sold or construction completion reported as of September 30, 2026.

The next stated milestones are the Commercial Project's June 2031 completion target and the March to June 2032 targets for the other 50.73 lakh square feet of upcoming area. Investors can watch for future disclosures linking individual land parcels or the additional 6.25 lakh square feet of purchased FAR to specific projects.