Godrej Properties along with its subsidiary Godrej Projects Development (GPDPL) has entered into an agreement with Shubh Properties Co-operative U. A, and others, to transfer 49% of the equity share capital held by GPDPL in its subsidiary Godrej Redevelopers (Mumbai) for its project at Sahakar Nagar II, Chembur.
Godrej Properties is a realty firm of Godrej group, promoted by Godrej Industries and Godrej & Boyce Manufacturing Company. It is one of the leading real estate development companies in India based in Mumbai, Maharashtra.
