AIPL Group to invest Rs 500 crore in Punjab over next 3 years
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