Peninsula Land receives Rs 275 crore from Alok Realtors

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Peninsula Land, part of Ashok Piramal Group has received Rs. 275 crore from Alok Realtors Private Limited on November 19, 2009 for sale of 6.41 lakh sq. ft at Peninsula Business Park, Tower ‘B’, Lower Parel in Mumbai.

Of the total deal consideration of Rs 1,100 crore, the company has received a sum of Rs 465 crore till date.

Peninsula Business Park consists of two towers of 20 floors each and an exclusive 2-storey building.

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