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Godrej Properties inches up on acquiring 60-acres land parcel in Chennai

13 Jan 2023 Evaluate

Godrej Properties is currently trading at Rs. 1241.15, up by 3.80 points or 0.31% from its previous closing of Rs. 1237.35 on the BSE.

The scrip opened at Rs. 1238.05 and has touched a high and low of Rs. 1250.00 and Rs. 1232.50 respectively. So far 3465 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2012.70 on 18-Jan-2022 and a 52 week low of Rs. 1130.20 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 1250.00 and Rs. 1200.05 respectively. The current market cap of the company is Rs. 34400.92 crore.

The promoters holding in the company stood at 58.48%, while Institutions and Non-Institutions held 32.04% and 9.48% respectively.

Godrej Properties has purchased 60 acres on an outright basis in the fast-developing micro market of Oragadam Junction, Chennai. Spread across  60 acres, the proposed project is estimated to have a developable potential of approximately 1.6 million square of saleable area, comprising primarily of residential plotted development.

The site is strategically located in between Grand South Trunk road (GST road) and NH-4, just off Oragadam Junction (on the 6-lane SH-48) offering access to other parts of the city via Chennai Bypass Road, Chennai Tiruvallur High Road and Red Hills Road.

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.

Godrej Properties Share Price

1758.65 11.15 (0.64%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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