MoneyWorks4Me

RDB Realty & Infrastructure acquires 99% stake in RDB Chennai Realtors LLP

15 Dec 2021 Evaluate

RDB Realty & Infrastructure has invested Rs 9,90,000, being 99% of total capital contribution in RDB Chennai Realtors LLP. In view of the above, RDB Chennai Realtors LLP becomes a subsidiary of the company. The said contribution has been made by the company to expand its business market.

The company is one of the leading real estate companies in Eastern India. Starting from developing homes for the middle and lower income groups, the company nowadays is developing large townships, retail and office spaces.

Peers
Company Name CMP
Lodha Developers 1104.75
Prestige EstatesProj 1494.10
Dilip Buildcon 398.95
DLF 662.60
Oberoi Realty 1775.00
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