Aizawl’s commercial real estate sector is gaining momentum with the proposal of a 50-acre IT park in Sairang. This ambitious project has triggered a 20% surge in commercial plot inquiries, with land prices now reaching Rs 2,500 per sq ft.

Driving Factors Behind the Surge

The IT park is expected to boost employment opportunities and attract tech firms looking to establish operations in Mizoram. With improved infrastructure and connectivity, Sairang is emerging as a strategic location for businesses seeking expansion.

Investor Confidence and Market Impact

Real estate experts believe that the IT park will strengthen Aizawl’s position as a growing business hub, encouraging long-term investments in commercial properties. The rising demand for office spaces and tech-driven facilities is likely to reshape the city’s commercial landscape.

Future Prospects

As discussions around the IT park progress, stakeholders anticipate further price appreciation and increased investor participation. The project is set to enhance Mizoram’s digital economy, fostering innovation and business growth in the region.