Godrej Properties shines on unveiling Godrej Serenity at Chembur

27 Jun 2012

Godrej Properties is currently trading at Rs. 544.75, up by 1.55 points or 0.29% from its previous closing of Rs. 543.20 on the BSE.

The scrip opened at Rs. 549.40 and has touched a high and low of Rs. 550.45 and Rs. 543.50 respectively. So far 1236 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 845.00 on 12-Jul-2011 and a 52 week low of Rs. 537.95 on 19-Jun-2012.

Last one week high and low of the scrip stood at Rs. 572.25 and Rs. 541.50 respectively. The current market cap of the company is Rs. 4253.87 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 16.24% and 8.76% respectively. 

Godrej Properties, the real estate development arm of the Godrej Group has launched a premium residential project -- Godrej Serenity -- at Chembur in Mumbai. The project will be a 17 storey tower which includes spacious 3 and 4 BHK luxury apartments and 2 exclusive Duplex penthouses.

The project will benefit from the massive social, educational and entertainment infrastructure in the area and will offer modern lifestyle amenities like a club house which will comprise a swimming pool, a steam room, a sitting room, a pool table and a party floor.

Recently, the company announced that it is planning to launch fifth phase of Godrej Garden City (GGC) township project with 1.8 million sq ft of land around 1,200 to 1,500 units. Till now, the company launched four million square feet (3,300 units) in the township, out of which 90% (2,900 units) had been sold.

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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