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Godrej Properties enters into partnership with GFM

19 Mar 2018 Evaluate

Godrej Properties (GPL) has entered into a deal with Godrej Fund Management (GFM) for a 50% stake in ‘Godrej Two’.

Godrej Properties has diluted part of its holding in the entity which is developing ‘Godrej Two’, the under construction Grade A commercial building located at The Trees in Vikhroli, Mumbai.

GPL is currently developing residential, commercial and township projects spread across approximately 14 million square meters (151 million square feet) in 12 cities.

Peers
Company Name CMP
Lodha Developers 1039.50
Prestige EstatesProj 1432.80
Dilip Buildcon 379.00
DLF 694.35
Oberoi Realty 1655.00
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