Peninsula Ashok Meadows

Brand Peninsula Marching steadfast, building trust one brick after another, Peninsula is known for creating projects of international repute. With development of many landmark projects, and a huge pipeline of projects, in less than a decade since our inception in 1997, we continue to bring real value and expertise to the real estate industry. We are known for our professional corporate management, international landmarks and value additions. Due to the varied nature of our projects, we possess thorough knowledge of key issues and challenges of developing properties. Peninsula's stronghold is visible in Western India - having established a solid footing in Mumbai, we are now spreading into other parts of India. Peninsula Group - creating projects of international repute Our Accomplishments Peninsula's properties are not just structures built on a piece of land; they are new-age architecture excelled to perfection. We have introduced new concepts such as "Shoppertainment" at Crossroads and recreational facilities at office complexes in the form of Club Peninsula. We have successfully developed approximately 6.4 million sq. ft. of real estate, saleable area aggregating to approximately 2.9mn sq. ft. in under development and another 24 million sq.ft will be developed in future. Our Expertise 'We are among the few to possess a skill set in developing all aspects of real estate. We are proud of our in-house expertise and capability in project management, developmental consultancy, sales, and marketing. We have invaluable expertise in marketing and selling space to top-of-the-line retailers including retail outlets, entertainment and restaurants. Our commercial and business complexes have been sought by MNCs. The residential complexes offer a superior quality of living that is appreciated by senior executives. Our Vision To become the most trusted Real Estate Developer in India with leadership in market share, research and profits by: Building distinctive sales and marketing capabilities, project management, developmental consultancy, Inculcating a high performance culture, Being the partner of choice, Future Plans At Peninsula, we seek infinite possibilities and opportunities. We look forward to becoming a major player in developing the new face of India. We currently have approximately 24 mn sq. ft. in pipeline. Our strategy is to consolidate our presence in key asset classes; Residential projects, Commercial projects, Information Technology Parks, Special Economic Zones and Townships. We further look at increasing our presence in key cities in India. Further, we are looking to leverage from our experience and maturity in the real estate development business, with Peninsula Realty Fund - a private equity venture capital fund focused on the Real Estate sector. Ashok Piramal Group has a presence in diverse business sectors, from textiles to real estate and engineering to entertainment. The key strengths of the Group come from its strong lineage and effective management that promises to deliver world-class products and services. Each company operates independently and has its own set of directors and shareholders. Every company in the Group while working towards their individual objectives, shares the Group's collective vision and philosophy. The group’s success lies in creating niche models that ensures each company features among the top 5 in the industry they operate. Morarjee Textiles is a leader in premium shirting and high fashion printed fabric in the domestic as well as global arena and boasts of all the leading apparel brands as its clients. The real estate company, Peninsula Land Ltd was the first company in Mumbai to develop a cotton textile mill land after it was opened up for development. This development changed the face of Central Mumbai and transformed it into the most preferred business district. The engineering business under PMP Auto Components Private Ltd includes auto components and cutting tools business. Two major acquisitions in Europe in the last two years in the wiping systems, have catapulted PMP Auto’s growth and today it commands a 7% of the market share in Europe in the wiping systems business. The Group is on an accelerated growth path and in keeping with its vision, promises to create maximum value for its shareholders.