Godrej Properties has increased its equity stake in Wonder Space Properties from 25.1% to 96.03% by acquiring equity shares from Shubh Properties Cooperatief U.A. Wonder Space Properties is engaged in construction and development of land situated in NCR.
Consequent to the above acquisition, Wonder Space Properties has become Subsidiary of the Company with effect from April 04, 2019.
Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.