Godrej Properties shines on acquiring 50 acres of land in Sonipat
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Godrej Properties is currently trading at Rs. 1519.35, up by 33.45 points or 2.25% from its previous closing of Rs. 1485.90 on the BSE.
The scrip opened at Rs. 1500.00 and has touched a high and low of Rs. 1528.30 and Rs. 1496.00 respectively. So far 8142 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. 1528.30 and Rs. 1425.90 respectively. The current market cap of the company is Rs. 41306.25 crore.
The promoters holding in the company stood at 58.43%, while Institutions and Non-Institutions held 33.94% and 7.63% respectively.
Godrej Properties has acquired approximately 50 acres of land in Sonipat, Haryana. This project will offer approximately 1 million sq. ft. of plotted residential development, offering attractive plot sizes along with exceptional lifestyle amenities. The site is strategically located, with good connectivity to the Delhi border and national highways. In addition, the site is in close proximity to the upcoming educational and industrial hub of Sonipat and offers a well-developed social infrastructure.
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.
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