Peninsula Land has entered into a Memorandum of Understanding (MoU) with Aparna Constructions and Estates, for sale of its property situated at Patancheru Village and Mandal, District Sangareddy, Hyderabad. The consideration to be received from such sale is Rs 95 crore.
Peninsula Land is a holding company engaged in construction business. The company is engaged in the business of real estate development. Its segments include Realty, Renting and Others.