AIPL group to invest Rs 2,500 crore in real estate projects across Punjab

Real estate developer AIPL group will invest Rs 2,500 crore across Punjab for upcoming residential and commercial projects.

In 2009, AIPL had launched AIPL Dreamcity Amritsar, an integrated township spread over 148 acres on the Delhi-Amritsar highway. The company later developed another township in Amritsar, spread over 74.3 acres.

"We foresee immense potential for planned townships in Punjab, along with retail and leisure destinations. Encouraged by the robust growth and demand, we will soon announce multiple projects across key cities in Punjab,” said Shamsheer Singh, Director AIPL.


AIPL Group has over one million sq ft of retail footprint in Punjab.

Colliers' recent report highlights Amritsar as one of the emerging hotspots for investments in India. Infrastructure upgrades and enhanced connectivity through improved roads, flagship trains, and new airports are expected to attract organized real estate players to spiritual destinations, particularly in the hospitality and retail segments.