Pune News: Peninsula Land Launches Peninsula Centre, a New Retail Hub in Gahunje Region
The project has already attracted significant interest, with over 70% of its retail spaces sold at launch, according to a company statement.
Peninsula Land Limited (PLL), part of the Ashok Piramal Group, has announced the launch of Peninsula Centre, a new commercial retail project located near the Mumbai-Pune Expressway in Gahunje.
President of Business Development, Project Design, and Revenue at Peninsula Land, emphasized the company’s goal of meeting the growing commercial demand in the Gahunje-Mamurdi region. “Peninsula Centre is designed to support business growth while enhancing the quality of life for the local community. We are also planning additional retail developments to cater to the area’s evolving needs,”.
The project features 52 customisable commercial spaces, ranging from 222 to 305 square feet, spread across four floors. It offers businesses flexible spaces to tailor to their specific requirements. With its prime location just 60 feet from the main road and close to major residential developments like AddressOne and AshokVann, Peninsula Centre is poised to become a key retail destination in this rapidly expanding area.
The Gahunje-Mamurdi corridor, previously lacking organized retail options, is now experiencing significant growth due to new residential and educational developments. Peninsula Centre aims to bridge the gap by offering a modern retail environment while boosting the local economy.
The development also includes wide passageways, ample parking, and enhanced security features, ensuring a convenient experience for both retailers and customers. As demand continues to grow, Peninsula Centre is expected to establish itself as a central hub for commerce and shopping in the region.