Godrej Properties is currently trading at Rs. 2272.80, up by 39.20 points or 1.76% from its previous closing of Rs. 2233.60 on the BSE.
The scrip opened at Rs. 2234.00 and has touched a high and low of Rs. 2291.95 and Rs. 2198.00 respectively. So far 23800 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2328.95 on 27-Sep-2021 and a 52 week low of Rs. 837.50 on 16-Oct-2020.
Last one week high and low of the scrip stood at Rs. 2328.95 and Rs. 1960.00 respectively. The current market cap of the company is Rs. 62091.25 crore.
The promoters holding in the company stood at 58.43%, while Institutions and Non-Institutions held 33.21% and 8.36% respectively.
Godrej Properties has entered into an agreement to redevelop a land parcel in the upscale neighbourhood of Wadala, Mumbai. Spread across 7.5 acres, this project will offer approximately .15 million sq. mts. (approximately 1.6 million square feet) of saleable area comprising primarily of residential apartments of various configurations.
The land parcel is situated in a marquee residential location and is in very close proximity to Matunga Five Gardens. On its eastern side, the development will enjoy uninterrupted views of the eastern seaboard. With its strategic location, the project will enjoy excellent connectivity via rail, road, and monorail and will benefit from the significant social infrastructure present in the vicinity.
Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments
