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Godrej Properties soars on plan to develop new residential project in Bengaluru

01 Apr 2015 Evaluate

Godrej Properties is currently trading at Rs 257.05, up by 5.85 points or 2.33% from its previous closing of Rs 251.20 on the BSE.

The scrip opened at Rs. 250.05 and has touched a high and low of Rs 260.70 and Rs 248.00 respectively. So far 26543 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 309.00 on 19-Feb-2015 and a 52 week low of Rs. 198.25 on 31-Mar-2014.

Last one week high and low of the scrip stood at Rs 267.65 and Rs 232.10 respectively. The current market cap of the company is Rs. 5131.47 crore.

The promoters holding in the company stood at 74.92% while Institutions and Non-Institutions held 11.47% and 13.61% respectively.

Godrej Properties, the real estate development arm of the Godrej Group, has entered into a new deal to develop a residential project at Whitefield, in Bengaluru. The proposed project will offer approximately 79,000 square metres amounting 0.85 million square feet of saleable area and will be developed as a modern residential development.

Whitefield is emerging into a self-sustaining commercial and residential locality with many educational institutions, hospitals, malls and convenience stores in close proximity. The plot has high visibility and is well connected to EPIP Zone and ITPL Business Parks. As with most Godrej Properties’ projects, this project will be developed under a profit sharing model.

Godrej Properties is a realty firm of Godrej group, promoted by Godrej Industries and Godrej & Boyce Manufacturing Company. It is one of the leading real estate development companies in India based in Mumbai, Maharashtra.

Godrej Properties Share Price

1873.10 -5.75 (-0.31%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 965.60
Dilip Buildcon 478.50
DLF 608.40
Oberoi Realty 1703.85
Ahluwalia Contract(I 847.50
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