New Launch
Utopia by AGI in New Chandigarh: RERA-Registered 3, 4 and 5 BHK High-Rise Launch
AGI Infra Limited has received RERA registration for Utopia by AGI, a single 31-floor residential tower with 661 flats in New Chandigarh, Mohali district. As of 3 November 2026, the project is listed as a New Launch, with registration valid until 30 March 2031.
| Developer | AGI Infra Limited, headquartered in Jalandhar, Punjab |
|---|---|
| Project | Utopia by AGI, residential high-rise |
| Location | New Chandigarh, Mohali district, Punjab |
| Land area | 10.26 acres |
| Tower and units | One tower, Ground plus 31 floors, 661 flats |
| Configurations | 3 BHK (220 units), 4 BHK (252 units), 5 BHK (189 units) |
| RERA registration | PBRERA-SAS80-PR1452-102026, registered 30 October 2026, valid to 30 March 2031 |
| Development licence | GMADA licence LDC-101/2026, dated 31 March 2026, received 1 April 2026 |
| Expected completion | 2031 to 2032 |
| Status as of 3 November 2026 | New Launch |
Where the project stands
Utopia by AGI has moved from licensing into regulatory registration. The Greater Mohali Area Development Authority issued a development licence in the spring of 2026, and the Punjab Real Estate Regulatory Authority (PBRERA) registered the project on 30 October 2026. Registration allows the developer to market and take bookings under the state's rules.
As of 3 November 2026, no booking-open date or launch event has been announced by the developer. The project has not yet reached completion, and the construction timeline runs to 2031 and 2032.
Scale and unit mix
The project sits on 10.26 acres and will have one high-rise tower of ground plus 31 floors. The developer's figures show 661 residential flats with a total saleable area of approximately 31,93,697 sq ft.
| Configuration | Units |
|---|---|
| 3 BHK | 220 |
| 4 BHK | 252 |
| 5 BHK | 189 |
| Total | 661 |
Approvals and regulatory basis
The project is registered with PBRERA under number PBRERA-SAS80-PR1452-102026. The registration date is 30 October 2026 and it runs to 30 March 2031. The developer disclosed the approval to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The GMADA licence, numbered LDC-101/2026, is dated 31 March 2026 and was received on 1 April 2026. The project is developed under the Iconic Building Policy of Punjab, which provides state-level incentives for high-rise construction.
About the developer
AGI Infra Limited is a Punjab-based real estate and construction company headquartered in Jalandhar. The company's name was changed to its present form in 2011, and its shares are listed on the BSE (539042) and the NSE (AGIIL).
As of 31 March 2026, the company reported more than 21 years of experience, over 10,000 families housed and 26 projects across Punjab. Of these, 10 are completed, with a total saleable area of 95,18,616 sq ft, and 12 are ongoing, with 1,68,26,201 sq ft. Its cities of operation include Jalandhar, Ludhiana, Mohali, Chandigarh and New Chandigarh. Utopia by AGI is the company's first project in New Chandigarh, extending its presence beyond Jalandhar.
The company has received Forbes Asia recognition and the Atul Achieve Award 2023, according to its website. On 25 September 2026, its board approved a qualified institutional placement of up to ₹275 crore, with the shareholder voting window running from 6 October to 4 November 2026.
Location and connectivity
New Chandigarh is a planned township in Mohali district, developed by the Greater Mohali Area Development Authority as a greenfield urban extension. The town is linked to Chandigarh through Dakshin Marg and Madhya Marg.
Several infrastructure projects affect the area's access:
- Chandigarh-Ambala greenfield corridor: A ₹3,167 crore expressway that passes near IT City, New Chandigarh, Kharar and Kurali. A report from about August 2025 said the Package-2 stretch from IT City Chowk to Kurali was 95% complete and due to open the following month. Its full completion year has not been announced.
- Chandigarh Metro Corridor 1: A proposed line from Paroul in New Chandigarh to Sector 28 in Panchkula, about 32 km long, with the detailed project report still being finalised. Phase 1 is reported to be built and operated progressively between 2027 and 2034.
- Zirakpur bypass and Mohali IT City to Kurali expressway: The Prime Minister has laid the foundation for ₹4,600 crore of road and healthcare projects in Chandigarh, including the upcoming Zirakpur bypass.
Mohali IT City is drawing real estate development and investment into New Chandigarh, Kharar and Kurali.
Frequently asked questions
Is Utopia by AGI registered under RERA?
Yes. It is registered with the Punjab Real Estate Regulatory Authority under number PBRERA-SAS80-PR1452-102026. The registration date is 30 October 2026, and it is valid until 30 March 2031.
How many units does Utopia by AGI have and what sizes are offered?
The project has 661 flats across 3 BHK, 4 BHK and 5 BHK configurations, with 220, 252 and 189 units respectively. The developer's figures give a total saleable area of approximately 31,93,697 sq ft.
When is Utopia by AGI expected to be completed?
The expected completion window is 2031 to 2032. As of 3 November 2026, the developer has not announced a booking-open date or launch event.
Where is the project located?
The project is in New Chandigarh, Mohali district, Punjab, on a 10.26-acre site. The town is linked to Chandigarh by Dakshin Marg and Madhya Marg.
Who is building Utopia by AGI?
AGI Infra Limited, a Jalandhar-headquartered developer listed on the BSE and NSE, is the developer. Utopia by AGI is its first project in New Chandigarh.