Types of Projects by Peninsula in Mumbai Real Estate

Peninsula Land Limited, part of the renowned Ashok Piramal Group, is a leading real estate developer in Mumbai. Known for transforming mill lands into premium urban spaces, Peninsula offers a diversified portfolio across residential, commercial, retail, and joint venture projects. Here's a closer look at the types of projects they undertake in Mumbai:

1. Premium Residential Projects

  • Salsette27, Byculla: IGBC Platinum-certified project offering 2 & 3 BHK homes with lush landscapes and water features.
  • Celestia Spaces, Sewri: Premium 2 & 3 BHK apartments with modern amenities and scenic views.
  • Palm Beach, Worli: Boutique sea-facing development with only 13 ultra-luxury 3 BHK residences.

2. Commercial & Office Spaces

  • Peninsula Corporate Park, Lower Parel: A landmark commercial development with multiple office towers, club facilities, and premium infrastructure.
  • Peninsula Business Park, Lower Parel: A sophisticated office complex with large floor plates and cutting-edge design.

3. Retail & Mixed-Use Developments

The company has also contributed to the retail segment through innovative mixed-use projects:

  • Crossroads Mall and Bayside Mall: Among the earliest modern malls in Mumbai, enhancing urban shopping experiences in prime city locations.

4. Land Acquisitions & Joint Ventures

Adopting an asset-light strategy, Peninsula actively engages in land acquisitions and partnerships:

  • Recently acquired 40 acres in Alibaug and Karjat to develop future residential communities.
  • Focused on joint development agreements to optimize land use and reduce capital risk.

About Peninsula Land Limited

Peninsula Land Ltd, headquartered in Lower Parel, Mumbai, is the real estate development arm of the Ashok Piramal Group. Established in 1997, it was among the first real estate companies to be publicly listed on both the BSE and NSE. Peninsula develops across residential, commercial, retail, and mixed‑use segments. While Mumbai is its primary hub, the company has expanded into Bengaluru, Pune, Goa, Nashik, Hyderabad, Lonavala, and more—with ~6.4 M sq ft delivered and ~18.6 M sq ft in the pipeline. Peninsula acquires highly liquid land, monetizes rapidly via pre-sales, and maintains a lean capital structure. Balanced presence across sectors and geographies—including entry into vacation homes and affordable housing. Renowned for professional management, transparency, and corporate integrity. Offers facility management, concierge, and interior design, fostering long-term customer relationships.