Godrej Properties rises on securing LoI to develop two group housing plots

Godrej Properties Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 533150 | NSE: GODREJPROP

13 Jul 2023 Evaluate

Godrej Properties is currently trading at Rs. 1604.90, up by 7.05 points or 0.44% from its previous closing of Rs. 1597.85 on the BSE.

The scrip opened at Rs. 1608.40 and has touched a high and low of Rs. 1618.05 and Rs. 1596.00 respectively. So far 1312 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1620.00 on 06-Jul-2023 and a 52 week low of Rs. 1005.70 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 1618.05 and Rs. 1553.65 respectively. The current market cap of the company is Rs. 44424.88 crore.

The promoters holding in the company stood at 58.48%, while Institutions and Non-Institutions held 31.78% and 9.74% respectively.

Godrej Properties has emerged as the highest bidder and has secured the Letter of Intent (LoI) to develop two group housing plots through an e-auction conducted by the Haryana Shehri Vikas Pradhikaran (HSVP). These two land parcels are strategically located in the prestigious Golf Course Road micro-market. Golf Course Road is an established micro-market renowned for its upscale residential and commercial developments, making it an attractive destination for real estate development. With its well-planned infrastructure and proximity to prominent landmarks, Golf Course Road offers residents a high-quality lifestyle and convenient connectivity.

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

1878.85 12.15 (0.65%)

07-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Lodha Developers	967.10
Dilip Buildcon	481.05
DLF	618.80
Oberoi Realty	1673.55
Ahluwalia Contract(I	852.20
View more..

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