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Godrej Properties is currently trading at Rs. 1583.45, up by 13.20 points or 0.84% from its previous closing of Rs. 1570.25 on the BSE.

The scrip opened at Rs. 1600.00 and has touched a high and low of Rs. 1602.60 and Rs. 1577.00 respectively. So far 3840 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2598.00 on 14-Oct-2021 and a 52 week low of Rs. 1200.10 on 06-May-2021.

Last one week high and low of the scrip stood at Rs. 1602.60 and Rs. 1504.75 respectively. The current market cap of the company is Rs. 43651.08 crore.

The promoters holding in the company stood at 58.43%, while Institutions and Non-Institutions held 32.94% and 8.63% respectively.

Godrej Properties has acquired 58 acres of land in Nagpur. The development on this land will comprise primarily of plotted residential units and will offer an estimated saleable area of 1.5 million sq. ft. The project has good connectivity to Nagpur Airport and the Nagpur - Hyderabad highway with well-established social infrastructure in the vicinity.

Nagpur has many prominent infrastructure projects like the Metro Rail project, IT and manufacturing facilities in MIHAN SEZ and Airport Cargo Hub, along with the upcoming Samruddhi Mahamarg which will further boost national connectivity and the related demand for quality residential units.

Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.