AIPL Ambuja Housing & Urban Infrastructure Ltd, a joint venture of Ambuja Realty & Advance India Projects Limited, plans to set its foot in Punjab with its maiden project near the steel city of Mandi Gobindgarh.
Notwithstanding the current rough phase of the realty sector, AIPL Ambuja has undertaken a Rs 200-crore expansion plan for giving ultra-modern infrastructure for its residential and commercial projects. 'Dream City' and 'Celebration Bazaar' at Khanna-Mandi Gobindgarh, the agricultural and steel town, is getting international-standard living with launch of villas.
The president of the company Sanjay Sachdeva said it was a privilege to build housing and infrastructure in Punjab and they had selected the city of the Golden Temple, Amritsar and Khanna-Mandi Gobindgarh for building 'Dream City' townships. The response to these projects has been overwhelming.
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It is bound to create a benchmark in the region. Dream City with 200 residential plots and more than 25 villas & over 200 affordable independent floors has already attracted the interest of the local people. It is strategically located on National Highway 1. The modern and elegantly designed township offers a well planned, congestion free and hassle free living experience.
The Dream City project also has Celebration Bazaar with over 2.5 Lac sq feet area ready to be opened for the convenience of the occupants of the township as well for the city dwellers & highway travelers
Sivastava said, "We have set new trends and created benchmarks in the commercial segment in Delhi and NCR including Gurgaon. Our joint venture partners, Ambuja Realty have very strong development capabilities thereby earning a solid reputation in the housing segment in Eastern India. "