Mumbai-based real estate developing company Peninsula Land stated today that the company has received Rs 275 crore form Alok Realtors on account of sale of 6.41 lakh sq.ft commercial space in building located in south Mumbai.
In a statement sent to the Bombay Stock Exchange, the company said that the sale was made in Tower 'B' building situated inside the Peninsula Business Park at Lower Parel, Mumbai.
The total deal consideration is of Rs 1,100 crore. Till date the company has received a sum of Rs 465 crore against the deal.
Its stock on the BSE was trading higher by 5.53 per cent at Rs 80.15 as against its previous day close of Rs 75.95.
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