Peninsula Land has acquired two prime land parcels in Sogaon, Alibaug (11 acres) and Bhilawale, Karjat (around 29 acres), marking a significant expansion of its footprint in high potential micro-markets fuelled by increased connectivity and thereby a surge in demand for buying land within a short drive time from Mumbai.
The company had recently set up an Rs 765 crore Real Estate development platform through an equity partnership with investors, Alpha Alternatives and Delta Corp, a milestone that signalled renewed investor confidence and a robust, future-ready pipeline. The upcoming projects in Alibaug and Karjat are poised to offer buyers more than just land. Designed as premium plotted communities, they will feature modern infrastructure, curated amenities, and a secure living environment-elements rarely seen in standalone land transactions. These plots are targeted toward investors, second-home buyers, and urban families seeking a long-term lifestyle upgrade or a luxury getaway.
Peninsula Land engaged primarily in the business of real estate development and is incorporated and domiciled in India.
