Mumbai, May 8 -- The board of directors of Delta Corp at its meeting held on 8 May 2024, approved the proposal for entering into a strategic partnership with Alpha Alternatives Fund Advisors LLP and its affiliates (including Arsenio Strategies) and any funds managed by Alpha Alternatives Fund Advisors LLP (collectively referred to as "AA Group") and Peninsula Land (PLL) to establish a real estate development platform (RE Platform).The RE Platform proposes to deploy an aggregate amount of up to Rs 765 crore in residential re-development in the Mumbai Metropolitan Region and plotted development in and around the Mumbai Metropolitan Region, Alibagh, Khopoli, Karjat, and Pune through one or more entities to be incorporated. The RE Platform wi...