Godrej Properties has further increased its stake in equity share capital of Godrej Home Constructions (formerly known as Godrej Home Constructions) (GHCL) from 74% to 100%. Pursuant to the said acquisition, GHCL has become a wholly owned subsidiary of the company with effect from June 02, 2023.
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.