Frontlines India

Chandigarh : AIPL Group, a leading real estate development entity, is all set to invest Rs 500 crore in  Punjab  over the next three years as a part of its expansion plan in the residential and retail sectors. Giving his views on AIPL's mega expansion plans for Punjab, Pankaj Pal, Group Executive Director, AIPL said, "The investment, will be a befitting testimonial of the post-pandemic green shoots in the realty sector for the region, and will spur the growth of the real estate industry in Punjab and help AIPL to further consolidate itself as a key realty player in the state." An ace housing and commercial infra developer, AIPL Group has so far delivered four projects in Punjab – two residential and two commercial –, and two ongoing projects. Dreamcity Amritsar, a residential project developed and delivered, is spread across 148 acres of land, and Dreamcity, Gobindgarh-Khanna, is spread across 88 acres. At present, over 550 happy families are residing in its propertie...

  Chandigarh : Only 8 minutes drive from Aerocity and strategically located on NH 205A, the Banur–Tepla road is all set to give a fillip to business growth and the economy with leading real estate groups of the region planning to set up Industrial Parks on the stretch. A not very known industrial stretch a few years back the Banur-Tepla road is now a hub of warehousing facilities with over 40 warehousing and logistics entities based here and over a dozen under construction. Not only warehousing, the 'Industrial spot' located on the Banur-Tepla road has become a hot economic hub. Neeraj Kansal, Managing Director, Royale Estate Group (REG), emphasized on the need of offering a 360 degree solution for all industrial needs of  the region. He said a vision document is being created by the Royale Estate Group with many industry stalwarts involved in the planning . A plan  based on the integrated development principle – live, work and play to  have the best-in-cl...