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Godrej Properties enters into agreement with Shubh Properties Cooperatief

25 Jun 2014 Evaluate

Godrej Properties along with its subsidiary - Wonder City Buildcon (WCBPL) has entered into an agreement with Shubh Properties Cooperatief U.A, and others, to transfer 74.9% of the equity share capital held by the company in WCBPL for its project at Sector 79, Gurgaon.

Pursuant to the above, WCBPL has ceased to be the subsidiary of the company post transfer of equity shares by the company.

Godrej Properties is a realty firm of Godrej group, promoted by Godrej Industries and Godrej & Boyce Manufacturing Company. It is one of the leading real estate development companies in India based in Mumbai, Maharashtra.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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