Godrej Properties enters into private equity agreement with SUN-Apollo India Real Estate Fund, LLC acting through its affiliates/companies (SUN-Apollo).
The real estate developer sells 49% equity stake in a subsidiary developing its project at Sector 104 in Gurgaon.
Godrej Properties Ltd. (GPL), the real estate development arm of the Godrej Group, today announced an agreement with SUN-Apollo. Through this agreement, GPL has sold 49% equity stake in its subsidiary, Godrej Premium Builders Private Limited (GPBPL). SUN-Apollo has invested Rs. 45 […]