Peninsula Land Limited, an integral part of the Ashok Piramal Group, operates as a prominent real estate developer throughout India. The company crafts diverse properties, including residential complexes under the 'Ashok' brand, commercial office spaces and IT parks designated as 'Peninsula', and retail destinations like 'Crossroads' and 'CR2'. Its activities also extend to real estate leasing, contributing to its revenue streams. Established in 1871 and based in Mumbai, the firm boasts a significant legacy in urban transformation, notably converting former textile mill lands into modern landmarks. More recently, Peninsula Land has formed a joint venture platform to acquire new land parcels for plotted developments, expanding its footprint in key growth areas like Alibaug and Karjat, while also pursuing Special Economic Zone projects in Goa.