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Godrej Properties has informed that ICRA has vide its letter dated October 30, 2015 upgraded GPLs long term rating for the Line of Credit from ICRA double A minus {[ICRA]AA-} to ICRA double A {[ICRA]AA} and reaffirmed the short term rating at ICRA A one plus {[ICRA]A1+} for an enhanced amount of Fund Based and Non Fund Bank Facilities of Rs 2,000 crore. In this regard, the Company has submitted a copy of press release dated November 02, 2015 titled ‘Godrej Properties receives AA rating by ICRA’.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Lodha Developers 1039.50
Prestige EstatesProj 1432.80
Dilip Buildcon 379.00
DLF 694.35
Oberoi Realty 1655.00
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