Godrej Properties inches up on acquiring additional one acre land parcel in Bengaluru
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Godrej Properties is currently trading at Rs. 2306.65, up by 3.25 points or 0.14% from its previous closing of Rs. 2303.40 on the BSE.
The scrip opened at Rs. 2303.20 and has touched a high and low of Rs. 2317.20 and Rs. 2273.30 respectively. So far 2684 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2331.00 on 15-Jan-2024 and a 52 week low of Rs. 1005.70 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 2331.00 and Rs. 2212.00 respectively. The current market cap of the company is Rs. 64043.65 crore.
The promoters holding in the company stood at 58.48%, while Institutions and Non-Institutions held 34.42% and 7.09% respectively.
Godrej Properties has acquired an additional around one acre of land parcel in Yeshwanthpur, Bengaluru having a developable potential of approximately 1.40 lakh square feet saleable area, through an outright purchase for the development of premium residential apartments.
The area offers well-developed commercial and social infrastructure and is in proximity to Goraguntepalya and Peenya metro stations providing access to the Central Business District, (CBD) and other parts of Bengaluru. The location also provides connectivity to the Kempegowda International Airport, Bengaluru, and other key areas of Bengaluru through Outer Ring Road - Hebbal.
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.
