Today: Jul 11, 2025

Peninsula Land acquires land parcels in Alibaug and Karjat, Real Estate News, ET RealEstate

1 min read
12 hours ago


<p>Representative image created by AI</p>
Representative image created by AI

NEW DELHI: Peninsula Land, part of the Ashok Piramal Group, has acquired two land parcels in Sogaon, Alibaug (11 acres) and Bhilawale, Karjat (~29 acres).

Rajeev Piramal, chief executive officer and MD of the company said, “This marks the first deployment of capital from our real estate platform and represents a focused commitment to growing our plotted development business.”

The company had recently set up an INR 765 crore real estate development platform through an equity partnership with investors, Alpha Alternatives and Delta Corp.

  • Published On Jul 10, 2025 at 03:28 PM IST

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