Valor Estate’s wholly owned subsidiary -- Nine Paradise Erectors (NPEPL) has acquired additional 30% equity shares in Horizontal Ventures (HVPL) held by BD and P Hotels (India), another subsidiary of the Company. Thus, post-acquisition of shares by NPEPL, the total equity shareholding of NPEPL in HVPL has increased to 92.85%.
Valor Estate (formerly known as D B Realty) is primarily in the business of real estate construction, development and other related activities. The company is focused on residential, commercial, retail and other projects, such as mass housing and cluster redevelopment.