Peninsula Land has entered into debt-asset swap arrangement with HDFC, against encumbrance over the Building known as Peninsula Spenta admeasuring 66,770 sq. ft. at Lower Parel, Mumbai. The consideration to be received from such sale is Rs 156.06 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.