Godrej Properties rises on launching new project ‘Godrej Prime’ in Mumbai

29 May 2015

Godrej Properties is currently trading at Rs. 266.00, up by 2.35 points or 0.89% from its previous closing of Rs. 263.65 on the BSE.

The scrip opened at Rs. 263.00 and has touched a high and low of Rs. 268.25 and Rs. 261.50 respectively. So far 6808 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. 215.15 on 10-Jul-2014.

Last one week high and low of the scrip stood at Rs. 273.50 and Rs. 250.90 respectively. The current market cap of the company is Rs. 5311.89 crore.

The promoters holding in the company stood at 74.91% while Institutions and Non-Institutions held 11.22% and 13.86% respectively.

Godrej Properties (GPL), the real estate development arm of the Godrej Group, has launched its residential project, Godrej Prime, in Chembur, Mumbai. The project is strategically located in Chembur and is just a stone’s throw away from Tilak Nagar railway station.

Spread over 3.5 acres, the project will consist of a total saleable area of approximately 70,000 square meters (750,000 square feet). Customers can choose from 2BHK, 2.5BHK, 3BHK and 3.5BHK apartments ranging from 59 square meter to 100 square meter (633 square feet to 1076 square feet).

Godrej Prime will offer a range of recreational amenities including club house, mini theatre, modern gymnasium, library lounge, multi-purpose hall and indoor game room. The rooftop will offer kid’s play area, seating alcove, jogging track and a senior citizen area.

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.


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