Lodha Developers has acquired remaining 20% stake in Bellissimo Infratech (Formerly known as Solidrise Realty) (BIPL), thereby making it a wholly owned subsidiary of the company. The acquisition is in pursuance to its growth strategy for Pune. The cost of acquisition is Rs 73.52 crore. This transaction to be completed by September 1, 2026.
Earlier, the company had entered into a share purchase agreement to acquire 80% stake in Solidrise Realty (SRPL) on February 14, 2026, pursuant to which SRPL will become a subsidiary of the Company.
Lodha Developers (formerly known as Macrotech Developers) is one of the leading real estate firms in the country.
