Mumbai, July 10 -- With a legacy of over two decades in delivering several landmark projects,Peninsula Land Limited, part of the Ashok Piramal Group, is now charting a new phase of growth, anchored by a strong commitment to plotted developments. The company has recently acquired two prime land parcels inSogaon, Alibaug (11 acres)andBhilawale, Karjat (~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 anINR 765 croreReal Estate development platform through anequity partnershipwith investors, Alpha Alternatives and Delta Corp, a milestone that signal...