Taneja Developers and Infrastructure Ltd (TDI), one of the fastest growing real estate/ infrastructure Company in India belonging to TDI Group, plans to pump Rs 300 crore in developing two township projects over the next 4-5 years.

The company plans to launch two residential townships in Indore and Meerut spread over 150 acres each, in the next six months.

The company has earmarked investment worth Rs 150 crore in each township, toward the construction. The company would fund the project in the form of mix of debt and equity.

TDI officials said in a statement that once all regulatory issues are solved, it will start construction.

In a separate release, the company today launched a new scheme of construction solutions for the plots in its township in Kundli, TDI City.

Under the newly revealed ‘build and earn’ scheme, the company would offer one-stop-solution for overall constructions of the plots and also offer a rebate of up to 25% to the possessor.