Pune, October 21, 2024: Peninsula Land Limited (PLL), part of the Ashok Piramal Group, is proud to announce the recent successful launch of Peninsula Centre, the latest addition to company’s mixed used landscape in Pune. Strategically located near the Mumbai-Pune Expressway in Gahunje, this commercial retail project has already garnered significant traction, with over 70% of the inventory sold at launch.
As one of the first organised commercial retail space in the Gahunje-Mamurdi area, Peninsula Centre is set to become a vital part of the local community. Positioned just 60 feet from the main road and near key residential projects like AddressOne and AshokVann, the development provides unmatched convenience for both business owners and consumers. The project brings modern commercial retail spaces to a location previously unexplored by organised retail options.
Spread across G+3 floors, Peninsula Centre houses 52 thoughtfully designed commercial retail spaces ranging from 222 to 305 square feet, offering businesses customisable spaces to cater to their needs. Wide passageways, ample parking, and strong security measures ensure a seamless experience for customers and business operators alike. This forward-thinking development was met with strong demand, as reflected by the 70% sell out at the project’s initial offering.
Peninsula Centre is ideally positioned to serve the growing Gahunje-Mamurdi corridor, an area experiencing rapid growth due to nearby residential and educational developments. By offering a centralised location for commercial retail, the project is poised to boost local commerce while providing a modern shopping experience for the surrounding population.
“With an established and growing residential community in the area, there is a clear need for retail commercial spaces to serve its residents. Peninsula Centre is being developed to fulfil this requirement, fostering both business growth and enhancing the quality of life for the community. Looking ahead, we have plans for further retail commercial developments to meet the evolving needs of the area.” said Siddharth Setia, President – Business Development, Project Design and Revenue, Peninsula Land Limited.
Corporate Comm India (CCI Newswire)
