AIPL Deepens Presence in Punjab; Bets Big on Ludhiana With a New Commercial Development

New Delhi, February 24, 2026: Leading real estate player AIPL has unveiled plans for a new premium commercial development in Ludhiana. The upcoming project marks a significant step in AIPL’s continued expansion across Punjab and reinforces its long-standing expertise in creating high-performing commercial ecosystems. The announcement comes at a time when Punjab’s urban centres are witnessing renewed economic momentum, infrastructure upgrades, and a steady rise in organised retail and business demand.

Punjab’s growth narrative is increasingly being shaped by cities such as Ludhiana, Amritsar, Jalandhar and Khanna, where expanding urban footprints and evolving consumption patterns are driving the need for structured, professionally managed commercial environments. As businesses look for quality infrastructure and long-term stability, demand for well-planned commercial destinations is becoming more pronounced.

AIPL has already established a strong presence in Punjab through large-scale integrated townships and commercial developments across key cities, including Ludhiana, Amritsar, Khanna and Jalandhar. The upcoming commercial project in Ludhiana builds on this regional footprint and reflects the company’s growing commitment to the state’s evolving commercial landscape.

With a 35-year legacy and a portfolio spanning Delhi-NCR, Punjab, and Rajasthan, AIPL has delivered over 10 million square feet of commercial space across office developments, high-street retail destinations, and integrated mixed-use environments. These projects are defined by strong leasing fundamentals, enduring design language, and future-ready infrastructure. The company’s commercial assets in Gurugram, in particular, have become benchmarks for Grade A development, attracting marquee brands and sustained occupier demand.

Commenting on the announcement, Shamsheer Singh, Director, AIPL, said, “Every market has an inflection point where commerce begins to demand better infrastructure, stronger design thinking, and a more curated approach to leasing. We believe Punjab is at that stage today. Our intent is not just to develop commercial real estate, but to create environments where businesses grow sustainably, and communities feel naturally drawn. With over three decades of experience across markets like Gurugram, we bring institutional discipline, long-term vision, and an understanding that successful commercial spaces must evolve with the city, not simply occupy it.”

As Punjab continues to strengthen its position as a regional economic engine, demand for structured, professionally managed commercial environments is expected to grow. AIPL’s upcoming development aims to address this opportunity by creating a destination aligned with the city’s next phase of commercial expansion.