MoneyWorks4Me

Ajmera Realty & Infra’s arm sells entire stake in GG Developers WLL

12 Mar 2021 Evaluate

Ajmera Realty & Infra’s subsidiary company -- Ajmera Mayfair Global Realty W.L.L has sold its entire i.e. 50% stake in GG Developers WLL (the step down subsidiary). The Company had undertaken Golden Gate Project at Bahrain through its step down subsidiary.

Ajmera Realty & Infra India is primarily engaged in real estate development. Its real estate business caters to the mid and hi-end housing segments. It also operates in the hospitality and entertainment, which includes dome theatres, retail and malls, etc.

Peers
Company Name CMP
Lodha Developers 1167.00
Prestige EstatesProj 1484.00
Dilip Buildcon 413.50
DLF 677.90
Oberoi Realty 1860.60
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