Project Launch Overview
Peninsula Land Limited, a subsidiary of the Ashok Piramal Group, announced the launch of Peninsula Estates, Alibaug ONE. The development is situated on an 11‑acre parcel within the rapidly evolving Alibaug Crescent corridor, positioned just a 20‑minute drive from the Mandwa Jetty. A total of 92 exclusive plots will be offered inside a gated, secure environment.
Plot Details and Pricing
Each plot is configured with a base area of 2,454 sq ft. Pricing starts at Rs 2.39 crore per plot, providing an entry point for buyers seeking luxury co‑primary residences in a high‑growth location.
Market Outlook and Growth Projection
According to a study by Colliers International (India) Property Services Private Limited, land values in prime Alibaug are expected to grow four‑fold over the next ten years. This appreciation is attributed to extensive ongoing and upcoming infrastructural projects that are transforming the corridor.
Legal and Development Guarantees
Peninsula Estates pledges 100 % clear and marketable titles, with ownership details transparently reflected on the statutory 7/12 extract. The project benefits from fully approved master planning, organized infrastructure, and dedicated green spaces designed for privacy and comfort. Integrated lifestyle amenities will support wellness, recreation, social gatherings, and relaxation, elevating the offering beyond a mere investment.
Regulatory Registration
The project is registered under the Real Estate (Regulation and Development) Act, 2016 (RERA) with Registration No. PP1270002600860.
Leadership Commentary
Mr. Rajeev Piramal, Executive Vice Chairman and Managing Director of Peninsula Land, stated: “Land is uniquely positioned as more than just a highly resilient investment asset; it is the ultimate anchor of generational wealth. In times of global volatility, discerning buyers are seeking safe havens that offer both stability and exponential growth. With Peninsula Estates, Alibaug ONE, we are presenting a rare opportunity to buy into a prime corridor right at the cusp of its massive infrastructural and lifestyle transformation. By stripping away the traditional complexities of land buying, we are delivering a ‘gold standard’ asset—one backed by uncompromising legal clarity, premium master‑planned infrastructure, and the credibility of a trusted brand.”
About Peninsula Land
Peninsula Land Limited is known for landmark developments such as Peninsula Business Park, Ashok Towers, Peninsula AshokVann, and Ashok Gardens. The company focuses on high‑quality projects across key asset classes and continues to expand its footprint in India’s leading cities.