Indian Stock Market

Peninsula Land to erect township in Nashik

Mumbai-based real estate company Peninsula Land (PLL) is planning to build a township in Nashik, reports Business Standard.    
The Ashok Piramal Group company has acquired 90 acres of plot, where it plans to erect the township. 
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Further, the company also has plans develop a large commercial complex spread across 19 acres in the city. 
 
Peninsula Land has plans to develop a Biotechnology SEZ and a gems and jewellery SEZ in Goa, for which the company has already been allotted land.

Shares of the company closed down Rs 5.65, or 0.94%, at Rs 596.35. The total volume of shares traded at the BSE was 89,312. (Friday)