PENINLANDNSEPeninsula Land Limited· ConstructionMediumPositive
Announced Wed, 1 Jul · 16:08 IST

Peninsula Land launches plotted project Alibaug ONE in Alibaug

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PENINLAND · price

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Price reaction · full curve 14 horizons · vs prior close
-3.0%1-day move
₹15.55
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.0+0.6+5.7+10.0+12.3+23.8+5.5
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AI summary

Peninsula Land, through JV entity Prairie Real Estate LLP, launched plotted development project 'Peninsula Estates, Alibaug ONE' in Sogaon, Alibaug. Spans 11 acres with 92 exclusive plots; base plots start at Rs 2.39 Cr for 2454 sq ft. JV was formed with Alpha AIF and Delta Corp in June 2024. Colliers projects 4X land value growth in Alibaug over 10 years.

Likely market impact

Positive sentiment as new premium plotted project expands JV platform; project scale relative to company revenue remains unclear.