Godrej Properties Limited has acquired 100% equity shares of Pearlshine Home Developers Private Limited (PHDPL) for a total consideration of Rs. 1,000. PHDPL, incorporated in October 2023, is focused on real estate development. This acquisition allows Godrej Properties to expand its portfolio in the real estate sector, enabling potential synergies and market growth. With PHDPL now a wholly-owned subsidiary, the company aims to leverage this acquisition to enhance its operational capabilities, although PHDPL reported no turnover prior to the acquisition.