Godrej Properties has acquired 100% equity shares of Pearlshine Home Developers (PHDPL) from its existing shareholders. Pursuant to the said acquisition, PHDPL has become the wholly-owned subsidiary of the company. PHDPL will undertake the real estate development activities. The shares of the PHDPL are acquired on February 03, 2025.
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.