JV/AcquisitionAcquisition
Valor Estate, through its subsidiary MIG Realtors, is acquiring 100% of Radius Estates & Developers for ₹383 crore cash.
Valor Estate LimitedDBREALTY · Filed with the exchange
This strategic move aims to consolidate ownership and control over Radius Estates' real estate projects, bolstering Valor Estate's core business.
Radius Estates, a real estate development firm, reported a turnover of ₹157.55 crore in FY25. This acquisition will make Radius Estates an indirect wholly-owned subsidiary, significantly impacting Valor Estate's future consolidated financials.
The deal is slated for completion by December 2027, subject to customary conditions.
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