Peninsula Land's JV Faces NCLT Insolvency Process Over ₹266 Crore Loan Default Jul 17, 2025
More news about Peninsula Land
10Jul 25
Peninsula Land Expands Portfolio with Land Acquisitions, Secures 7.65 Billion Rupees Real Estate Platform
Peninsula Land has acquired land parcels in Alibaug and Karjat, expanding its presence in key areas near Mumbai. The company's partners have committed 2.16 billion rupees towards projects. Peninsula Land has also established a 7.65 billion rupees real estate development platform, positioning itself for significant growth and larger projects in the Mumbai Metropolitan Region.
09Jul 25
Peninsula Land Expands Portfolio with Land Acquisitions and ₹2.16 Billion Investment
Peninsula Land has acquired land parcels in Alibaug and Karjat, expanding its real estate portfolio. The company's partners have invested ₹2.16 billion in real estate platform projects. Additionally, Peninsula Land has established a ₹7.65 billion real estate development platform, signaling ambitious growth plans in the sector.
02Jun 25
Peninsula Land Expands Portfolio with Strategic Investment in Terranest Agri-infratech LLP
Peninsula Land has made a strategic investment in Terranest Agri-infratech LLP. This move aligns with the company's renewed focus on plotted developments in the Mumbai Metropolitan Region (MMR) and society redevelopment projects in Mumbai. The investment aims to strengthen Peninsula Land's position in these key real estate verticals, leveraging synergies to expand its footprint in the sector.
30May 25
Peninsula Land Expands Portfolio with Strategic Investment in Terranest Agri-Infratech LLP
Peninsula Land has made a strategic investment in Terranest Agri-Infratech LLP, aligning with its focus on key real estate verticals in the Mumbai Metropolitan Region (MMR). The company is targeting plotted developments in MMR and society redevelopment projects within Mumbai city limits. This move aims to capitalize on the growing demand for open plots and urban renewal opportunities, potentially unlocking value in prime locations.
29May 25
Peninsula Land Reports Significant Drop in Q4 EBITDA and Revenue
Peninsula Land's Q4 results show significant financial challenges. The company's EBITDA fell to ₹18.00 million from ₹315.00 million year-over-year, with EBITDA margin dropping to 2.83% from 27.89%. Net loss increased to ₹252.00 million from ₹245.00 million in the same quarter last year. Revenue declined to ₹627.00 million from ₹1,100.00 million year-over-year.
21Mar 25
Peninsula Land Files FIR Against KBK Group, Alleging INR 200 Crore Fraud
Peninsula Land Limited has filed an FIR with Mumbai Police's Economic Offences Wing against its joint venture partners, the KBK Group, alleging fraud of approximately ₹200 crores. The complaint accuses several KBK Group members of cheating, forgery, and fraudulent misappropriation of funds within their joint venture entity. Peninsula Land expects to recover a significant portion of the claimed amount through legal proceedings.
20Mar 25
Peninsula Land Files FIR Against KBK Group, Alleging ₹200 Crore Fraud
Peninsula Land Limited has filed an FIR with Mumbai Police's Economic Offences Wing against KBK Group, alleging fraud, cheating, and misappropriation of funds in a joint venture. The complaint names several KBK Group members and estimates the financial impact at approximately ₹200 crores. Peninsula Land expects to recover a substantial portion of this amount through legal proceedings. The company has disclosed this information to stock exchanges in compliance with SEBI regulations.