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.