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Peninsula Land

Est. 1997 · Mumbai, Maharashtra · Listed (NSE / BSE) · Mumbai & MMR

🗓Published·Updated·Edited by Rakesh Mahajan

★★★★★ 2.9 Proceed with caution

Company overview

Who is Peninsula Land?

Ashok Piramal group developer (Ashok Towers, Celestia Spaces) rebuilding after a leveraged downturn.

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Completed projects (not disclosed)

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Sq ft delivered (not disclosed)

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Ongoing projects (not disclosed)

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Upcoming projects (not disclosed)

Our ratings

Builder Score Card

We have published one overall judgement for Peninsula Land rather than five separate assessments. The dimensions below are derived from it, and are shown for comparison only.

Construction quality 56/100
Delivery record 54/100
Customer satisfaction 54/100
Financial strength 52/100
Trust 58/100

On-time delivery: 58% of towers delivered within 6 months of committed date.

At a glance

Peninsula Land in Numbers

Peninsula Land is a listed (NSE / BSE) developer founded in 1997, headquartered in Mumbai, Maharashtra, active mainly in Mumbai & MMR. We rate it 2.9/5 overall — high-risk — which ranks 192nd of the 212 developers we profile and ahead of 8% of them.

Benchmarking

How Peninsula Land Compares

Each rating against all 212 developers we profile and the 24 in Mumbai & MMR.

Rating Peninsula Land Mumbai & MMR average Better than
Construction quality 2.8/5 3.5/5 8% of developers
Delivery record 2.7/5 3.3/5 11% of developers
Customer satisfaction 2.7/5 3.3/5 9% of developers
Financial strength 2.6/5 3.3/5 9% of developers
Trust 2.9/5 3.5/5 8% of developers

Where a builder has not been separately assessed on a dimension, the figure shown is derived from its overall rating. It is a like-for-like comparison, not five independent judgements.

Buyer guidance

Should You Buy a Peninsula Land Project?

Peninsula Land carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, check its debt and cash flow, or credit ratings and company filings if it is privately held, confirm the project's escrow account and RERA progress, and avoid large upfront payments.

Check before you book

  1. RERA registration and quarterly progress for the exact project and tower you are buying.
  2. Its latest annual report — debt, cash flow and pre-sales — since Peninsula Land is listed.
  3. That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
  4. Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.

The bottom line

Our Verdict

Recovering story; price in the balance-sheet history when comparing to peers.

Portfolio

Notable Projects

Key Peninsula Land projects as the builder publishes them. None has a PropertyNivesh research page yet.

Peninsula Salsette 27 Celestia Spaces Ashok Towers Peninsula Heights

Questions

Peninsula Land: FAQs

Is Peninsula Land a good builder? +

We rate Peninsula Land 2.9/5 overall — high-risk. Recovering story; price in the balance-sheet history when comparing to peers.

Is Peninsula Land a listed company? +

Yes. Peninsula Land is listed on the NSE / BSE, so it publishes audited financial results.

Does Peninsula Land deliver on time? +

Peninsula Land has delivered 58% of its towers within six months of the committed date, and we rate its delivery record 2.7/5.

How many projects has Peninsula Land completed? +

Peninsula Land has not published a completed-project count that we could verify.

Compare Peninsula Land against another builder →