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Godrej Properties rises on plan to develop a golf centric township in Greater Noida

07 Jun 2016 Evaluate

Godrej Properties is currently trading at Rs. 338.85, up by 7.80 points or 2.36% from its previous closing of Rs. 331.05 on the BSE.

The scrip opened at Rs. 334.00 and has touched a high and low of Rs. 342.80 and Rs. 332.50 respectively. So far 24647 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. 238.80 on 16-Jun-2015.

Last one week high and low of the scrip stood at Rs. 336.00 and Rs. 327.75 respectively. The current market cap of the company is Rs. 7370.15 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 entered into the Greater Noida real estate market with its plan to develop a golf centric township in Sector 27, Greater Noida. Spread over 100 acres, this low density project will offer approximately 370,000 square meters (4 million sq. ft.) of saleable area and will be developed as a modem golf township comprising of a 9-hole golf course and villas amongst other lifestyle amenities.

Situated close to Pad Chowk with easy access to Noida-Greater Noida Expressway, this strategically located land parcel is one of the last land parcels available within the established locations of Greater Noida. It is in close proximity to the proposed metro station and knowledge parks.

This is the company’s first project in Greater Noida and seventh within the National Capital Region (NCR). Within five years of entering the NCR market, Godrej Properties has established itself as one of the market leaders in Gurgaon and hopes to replicate this success in other parts of NCR. The company announced its entry into the Noida real estate market in January.

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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