Godrej Properties rises on launching three premium towers at township project, Godrej Infinity, in Pune

Godrej Properties is currently trading at Rs. 324.10, up by 3.50 points or 1.09% from its previous closing of Rs. 320.60 on the BSE.

The scrip opened at Rs. 321.25 and has touched a high and low of Rs. 325.00 and Rs. 320.00 respectively. So far 10386 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 374.50 on 20-Oct-2015 and a 52 week low of Rs. 237.65 on 14-May-2015.

Last one week high and low of the scrip stood at Rs. 326.00 and Rs. 315.45 respectively. The current market cap of the company is Rs. 7000.35 crore.

The promoters holding in the company stood at 74.95% while Institutions and Non-Institutions held 8.27% and 16.33% respectively.

Godrej Properties (GPL) has launched three premium towers at its township project, Godrej Infinity, in Pune. Spread across 43 acres, with a total saleable area of approximately 3 lakh sq. m. (3.2 million sq. ft.), this project is located in Keshavnagar. Godrej Infinity is a joint development project, being developed by Godrej Properties in partnership with Oxford Group and Ekta World.

Of the three newly launched towers, Signature Tower, standing at 28 storeys, offers 3 BHK luxury apartments with carpet areas ranging from 96 sq. m. to 130 sq. m. (1028 sq. ft. to 1397 sq. ft.) and an exclusive concierge for its residents. Standing at 22 storeys each, the other two towers offer 1 BHK and 2 BHK premium apartments with carpet areas ranging from 47 sq. m. to 90 sq. m. (504 sq. ft. to 970 sq. ft.). Along with top-of-the-line specifications, apartments in all three towers will come fitted with air conditioners, a modular kitchen and a home automation system. GPL is providing best-in-class services including a Sports academy, Concierge and Spa to the residents of Godrej Infinity.

Godrej infinity is strategically located and offers excellent connectivity to the airport, Pune railway station, Nagar Road, Solapur Highway (NH-9), IT hubs and the city center. The newly sanctioned bridge on Mula-Mutha river will soon connect Keshvnagar to Kharadi. It is also in close proximity to major urban areas like Koregaon Park and Kalyani Nagar.

Godrej Infinity is a township designed for a community that is global In Its outlook, Urban planning of the neighborhoods such as town squares, pedestrian plazas, and other community spaces will enhance the quality of life within the development. This state-of-the-art township will offer a holistic lifestyle to its residents with modern and user friendly amenities like a fully equipped clubhouse, swimming pool, gym, kids play area, senior citizen area, jogging track, multi-purpose court and beautifully landscaped central greens. There will also be a centrally located town square which will house convenience shopping.

Godrej Infinity has been designed to be a sustainable township where landscape will be firmly rooted in holistic design principles to develop a sense of community. Sustainable initiatives like rainwater harvesting, solar panels, recycled water for landscaping, native plant species, organic waste composter, energy efficient lighting fixtures, water efficient plumbing fixtures, electrical vehicle charging points, low VOC paints and regional materials have been incorporated to make the township eco-friendly. Godrej Infinity has received IGBI silver pre-certification.