GMR Airports Ltd has launched GMR Aero Realty Ltd, a new subsidiary aimed at tapping into real estate ventures. Officially established on October 13 with an initial capital of Rs 1 crore, GMR Aero Realty is set to pursue various land development opportunities in the future. Currently, the subsidiary has yet to commence operations and confirms that this initiative does not involve related parties or external interests.
This is a short summary. The full article is published by ET Realty — click above to read it on their website.
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