MoneyWorks4Me

Godrej Properties increases stake in Godrej Realty to 100%

01 Apr 2021 Evaluate

Godrej Properties has increased stake in Godrej Realty to 100% from 51% by acquiring equity shares from HDFC Property Fund. After this acquisition, Godrej Realty has become Wholly-Owned Subsidiary of the company with effect from March 31, 2021.

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.

Peers
Company Name CMP
Lodha Developers 1102.35
Prestige EstatesProj 1410.40
Dilip Buildcon 402.95
DLF 646.75
Oberoi Realty 1712.80
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