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Global Industrial Park at BTR to provide common facilities for industry

Chandigarh : The industrial development, investment ecosystem and economy of the region are slated to get a major boost with Royal Estate Group (REG) planning a state-of-the-art Industrial Park on Banur Tepla Road (BTR). Expected to be spread over 250 acres of land, the first of its kind planned industrial park is based on the integrated development principle – live, work and play and will have the best-in-class infrastructure. “It will be suitable for all kinds of industries – white, orange, green, red, textiles, chemicals, pharmaceuticals, tools, and precision, assembling units, printing press, building material, warehousing solutions, cold storage, engineering and fabrication units, electrical and electronic items, food and food processing, ceramics and refractories, distillery, pesticides and many more,” said Neeraj Kansal, Managing Director, REG. For sustainable industrial growth of Punjab, the state government has designed a policy around eight core strategic pillars. These are i...

Royale Estate Group to create Global level Industrial park - Mohali Industrial Economic Zone (MIEZ)

Chandigarh : In what will give a major boost to industrial development, investment ecosystem and economy of the region, Royal Estate Group (REG) is coming up with a state-of-the-art Industrial Park, Mohali Industrial Economic Zone (MIEZ) on the Banur-Tepla Road (BTR). Expected to be spread over 250 acres of land, MIEZ is based on the integrated development principle – live, work and play and will have the best-in-class infrastructure. Directors of REG Piyush Kansal and Ashish Mittal interacted with the media here to share details of the one-of-a-kind industrial project. “We have acquired the land for the mega project and have also got a Change of Land Use (CLU) for the same. Work is progressing on a war footing and we will soon establish MIEZ which will be suitable for all kinds of industries – white, orange, green, red, textiles, chemicals, pharmaceuticals, tools and precision, assembling units, printing press, building material, warehousing solutions, cold storages, e...

An Integrated Industrial Township could be a solution to Punjab economic woes

Chandigarh : P unjab economy will get a big push through the development of an Integrated Industrial Township , providing a major impetus to planned urbanization in the region with manufacturing as the key driver. The Royale Estate Group (REG) has already created a vision document of such a township and has also announced its plans of foraying into the same. A true Integrated Industrial Township should have residential complexes alongside industrial parks to provide not just housing for workers and talents but a holistic lifestyle of live-work-play. “There are multiple benefits of an Integrated Industrial Township . It not only gives a big boost to the economy of the state but also meets emerging challenges as a futuristic smart industrial city where you have the convergence of next generation technologies across all sectors,” said Neeraj Kansal, Managing Director, REG. Piyush Kansal, another Director at REG, talking about the trend of Integrated Industrial Towns...

Royale Estate Group to foray into development of a state-of-the-art Industrial Park

  Chandigarh :  After carving a niche for itself in the region’s affordable, ethical and quality housing sector, Royale Estate Group (REG) has become a partner to ensure holistic economic development of the region. It is creating a state-of-the-art Integrated Industrial Park , the vision document cum  blueprint of which has been made in consultation with industry experts. “Our decision to foray into the Industrial sector is like giving back to society. Housing segment is more lucrative for the real estate players but not to us beyond a point. At REG, we wish to give back to society in a different and sustainable way. Our initiative for the industries will be a case in point, which will further improve the ease of doing business and generate employment opportunities,” said Piyush Kansal, a young Director at REG. The industrial park, which will be of an international level will be established soon. “There is a need to retain the migration of talent and ca...