Peninsula Land has always understood the importance
of internal control systems, since they are critical to the
company’s growth and expansion plans. The company
has a well defined organizational structure, documented
guidelines on its policy, structured and definite authority
matrix. These ensure efficiency of operations, compliance
with internal policies and applicable regulations in markets
in which the company has got presence.
The company already has got a professionally managed
internal team in place, which carries out the internal audits
from time to time. The team reviews the practices carried
out by company in following various regulations and
while executing projects. It suggests benchmark policies
followed in the sector, to upgrade the methods followed
by company.
The company has also extended its technical expertise
which it built up in Mumbai projects, for designing and
execution of new projects to other cities and towns, to
prop up the cost efficiency and ensure timely delivery of
projects. This is likely to boost the outlook and help building
the company’s brand across southern and western parts of country.
