Peninsula Land, the listed real estate arm of the Ashok Piramal Group, has recently made a significant entry into the coastal weekend home market by acquiring 11 acres in Sogaon, Alibaug. This acquisition was the first capital deployment under their ?765 crore real estate platform—set up in partnership with Alpha Alternatives and Delta Corp—which signals strong institutional confidence in their plotted land strategy.
With an established track record spanning over two decades in developing landmark properties across Mumbai, Pune, Nashik, Goa, and Lonavala, Peninsula Land is carving a distinct identity in the premium plotted community segment. Their earlier plotted launches sold out rapidly, reinforcing demand for professionally developed weekend home destinations.
The Sogaon site, located just 13 km from the Mandwa Jetty connecting to Mumbai via ferry, benefits from Alibaug’s growing infrastructure ecosystem. Key projects like the Coastal Highway, Trans Harbour Link (Atal Setu), and the upcoming Navi Mumbai International Airport are dramatically enhancing regional connectivity, making Sogaon a viable and attractive weekend living choice.
Peninsula emphasizes a fully integrated, institutional-grade plotted model—clear titles, infrastructure provision, gated security, modern amenities, and presale monetization. This approach mitigates typical land risks like ambiguous ownership, infrastructure defects, and counterparty uncertainty. Their disciplined execution and financial prudence are further highlighted by a low leverage, asset?light strategy that relies on phased presales to fund development.
The market’s response was positive—Peninsula Land’s shares surged over 9% following the announcement—indicating strong investor endorsement of the plotted land platform and its Alibaug Karjat rollout. The plots are being marketed to a mix of urban families, second-home buyers from Mumbai and Pune, and investors seeking long-term appreciation in a well-connected coastal micro market.
Alibaug, and Sogaon in particular, is evolving from a seasonal getaway into a credible alternative for permanent or semi-permanent weekend living, propelled by infrastructure improvements and developer-led plotted projects. With competition from luxury real estate players like Emaar, Oberoi, and Taj entering the region, Peninsula’s strength lies in its corporate branding, trustworthiness, and execution capacity.
Peninsula Land’s acquisition of 11 acres in Sogaon represents a strategic foray into high-growth coastal plotted development. By combining strong connectivity, an institutional plotted model, and developer pedigree, they are well positioned to capture both lifestyle and investment demand in Alibaug’s next chapter of growth.
| Key Highlights: | |
| Situated at Bhilawale, Karjat | Developed by Peninsula Land |
| Residential Plots | World-Class Amenities & Facilities |
| High End Specifications | Marquee Plotted development with unique features and amenities |
Intercom facility
Community center
Bear Bar
Rain Water Harvesting
Parking
Gardens
Indoor Games
Out Door Games
Mini Theater
Club House
Security Guard
wifi
GYM
| Bedrooms | Sizes | Price |
|---|---|---|
| Plots | On Request | On Request |
Peninsula Sogaon is a luxury Plotted Development project offering Plots with world-class amenities and excellent connectivity.
The project offers a range of different sizes Plots.
Buyers can enjoy state-of-the-art amenities including a clubhouse, swimming pool, gymnasium, landscaped gardens, kids' play area, and 24/7 security.
Peninsula Land Limited is famous for building international icons that have reshaped India's skyline. By creating multiple iconic projects in Mumbai and focusing on growing into a pan-India business, we continue to bring real value and experience to the real estate industry. The organization, which is a member of the Ashok Piramal Group, is dedicated to making history on a global scale. Among the earliest real estate firms to debut on the stock exchange were us. This reality is the clearest proof of our commitment to fair and open business procedures and sound corporate governance.
Peninsula Land is now a fully integrated real estate firm. Our initiatives include residential complexes, world-class business buildings, and innovative retail endeavors. In Mumbai, Bengaluru, Pune, Goa, Nashik, and Lonavala, we have completed the construction of over 10.6 million square feet of real estate, with another 1 million still in the planning stages. Some of the landmarks that Peninsula has provided to Mumbai are CR2, Ashok Towers, Ashok Gardens, Crossroads, Peninsula Corporate Park, Peninsula Technopark, and Peninsula Business Park.
Our properties are not just structures built on a piece of land; they are new-age architecture excelled to perfection. We have implemented innovative ideas like "Shoppertainment" at Crossroads and Club Peninsula, which are recreational spaces at office buildings. In Mumbai, Pune, Nashik, Bengaluru, Goa, and Lonavala, we have constructed more than 10.6 million square feet of real estate, and we are currently working on more than 1 million square feet.
Sogaon, Alibaug