Peninsula Land, Delta Corp, AA Group Launch Rs. 7.65 Bn Realty Platform

10 May 2024 CW Team

Peninsula Land Limited, Delta Corp, and the AA Group have joined forces to establish a real estate platform with an investment of Rs. 7.65 billion. This collaborative venture signifies a strategic move aimed at leveraging the strengths and expertise of each partner to capitalise on growth opportunities in the real estate sector.

The newly formed realty platform will focus on developing residential, commercial, and mixed-use projects across India. With a combined investment of Rs. 765 crore, the partners aim to capitalise on emerging market trends and deliver value-driven real estate solutions to customers.

Peninsula Land, known for its premium residential and commercial developments, brings its extensive experience and track record of delivering quality projects to the partnership. Delta Corp, a leading real estate and hospitality company, adds its expertise in developing innovative and sustainable properties to the mix.

The AA Group, with its diverse portfolio of businesses including real estate, infrastructure, and hospitality, further strengthens the partnership with its strategic insights and operational capabilities. Together, the three partners aim to create a robust real estate platform that delivers superior value to stakeholders.

The launch of this realty platform underscores the partners' shared commitment to driving innovation, sustainability, and customer-centricity in the real estate sector. By pooling their resources and expertise, Peninsula Land, Delta Corp, and the AA Group aim to establish a leading presence in India's dynamic real estate market and contribute to its growth and development.

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