Stake in Wonder Space Properties Raised to 96% By Godrej Properties

Wonder space properties are engaged in the construction and development of land in Delhi NCR Region. After the acquisition, it has become a subsidiary of Godrej Properties.

It has increased its equity stakes in Wonder space properties Cooperation U.A. Godrej also announced entering into a joint venture with a well-known developer a 4.25 acres sea-facing property in the prime suburban location of “West Bandra” in Mumbai.

It will be developed as a luxury residential project. This project will offer one lack of Sq. meters of saleable area.

There is another residential project at “Vashi” in “Navi Mumbai”. It will be developed across five areas of land and will offer 4700sq. m. of saleable which will be compressed of modern residential apartments of various configurations.

So, Godrej Properties is strategically deepening its presence in key markets across Indian Metropolitan cities.