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Puravankara completes transaction of sale of shares in Vagishwari Land Developers

11 Jun 2021

Puravankara has successfully completed the transaction of sale of shares of its 100% subsidiary- Vagishwari Land Developers and received a sum of around Rs 150 crore from the purchasers of shares namely GBTC II (Asset A) PTE and Godrej Projects Development.

Further, the company has also received the outstanding amount of around Rs 350 crore from Vagishwari Land Developers.

Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.

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