New Delhi, April 04, 2026: Royale Estate Group has announced the possession ceremony of the Mohali Industrial Economic Zone (MIEZ), North India’s first integrated industrial township. Spread across 150 acres, the development has been delivered within a timeline of 22 months, setting a new benchmark for execution speed and planning precision in the industrial real estate segment.
MIEZ has been envisioned as a future-ready ecosystem that blends industrial infrastructure with long-term urban planning. The development features over 7 lakh sq. ft. of concrete roads, designed to national expressway standards, alongside robust infrastructure including power supply, water drainage systems, street lighting, and integrated security.
The township stands out for its readiness, with all key approvals in place, including an approved electricity grid. Backed by 100% registered land and a completely debt-free structure, the project reflects Royale Estate’s focus on building secure and transparent developments.
The Group further plans to strengthen the township ecosystem with upcoming developments, including a 25-acre five-star luxury resort and a 100-acre residential township, creating a more holistic live-work environment.
Piyush Kansal, Executive Director, Royale Estate, said, “Today, it is not just the handover of a development, but the union of vision, execution, and long-term intent. Through MIEZ, our focus was to create an ecosystem that is not only infrastructure-ready but also future-ready. Delivering a 150-acre integrated township in 22 months reflects the discipline and commitment of our team, but more importantly, it reflects the trust our customers have placed in us. Industrial development today is no longer about land parcels alone; it is about enabling growth, efficiency, and sustainability. With this development, we are laying the foundation for a new way of industrial living, where businesses can scale with confidence in a secure, well-planned environment.”
With 50% open and green spaces, wide internal roads ranging from 60 to 100 feet, and a fully operational layout, MIEZ is positioned as a ready industrial destination catering to green, yellow, and orange category industries. Plot sizes ranging from 500 square yards to 5 acres offer flexibility for diverse enterprises.
Strategically located just 20 minutes from Airport Chowk, with direct frontage along NH-205A and the Bharat Mala corridor running along the rear edge, the project aligns well with key infrastructure networks driving industrial movement and logistics. This connectivity is further complemented by strong on-ground momentum, as the region already witnesses significant development activity and a growing presence of end-users beginning to invest and establish operations in the area. Over the past two years, the micro-market has recorded close to a twofold increase in activity, reinforcing its emergence as a high-growth industrial cluster and strengthening its appeal for both operational and long-term investment. With possession now underway, MIEZ is set to accelerate industrial activity in the region while redefining how integrated industrial ecosystems are built and experienced in India.
Corporate Comm India (CCI Newswire)
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