Godrej Properties firms up on launching phase 5 in its township project ‘Godrej Garden City’

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

01 Apr 2013 Evaluate

Godrej Properties is currently trading at Rs. 555.50, up by 26.20 points or 4.95% from its previous closing of Rs 529.30 on the BSE.

The scrip opened at Rs 534.05 and has touched a high and low of Rs 560.00 and Rs 534.05 respectively. So far 4137 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 689.00 on 07-Dec-2012 and a 52 week low of Rs 482.00 on 02-Aug-2012.

Last one week high and low of the scrip stood at Rs 537.60 and Rs 495.00 respectively. The current market cap of the company is Rs 4335.85 crore.

The promoters holding in the company stood at 74.99% while Institutions and Non-Institutions held 15.53% and 9.48% respectively.

Godrej Properties (GPL), the real estate development arm of the Godrej Group, has launched Phase 5 in its township project Godrej Garden City (GGC) located in Ahmedabad. This new phase will offer 2BHK and 3BHK apartments at prices starting at Rs 35 lakh. The company has also launched convenience retail in GGC.

Phase 5 has four towers, each 12 storeys tall, and will offer 2 & 3BHK apartments measuring 1150 square feet & 1550 square feet respectively. Most of these apartments will be open on 3 sides and will have garden views. These modern apartments will benefit from township amenities like extensive landscaping, storm water drainage, public transport, health-care facilities, recreation, clubhouse / community centre, convenience retail and a tree-lined, 6 lane central Boulevard.

Besides, the company has also launched ‘City Square’, a convenience retail center to cater to the daily retail needs of residents of Godrej Garden City. City Square will offer amenities like a super market, a bank branch, ATM’s, fast food joints, restaurants, clinics, salons, a pre-school, and other retail facilities. This will ensure that residents of Godrej Garden City have everything they need right at their doorstep.

GGC is located just off SG Highway in the heart of Ahmedabad. The project is within Ahmedabad Municipal Corporation (AMC) limits and is easily accessible from any part of the city. Godrej Properties is creating facilities for public transport, education, health-care, recreation, hospitality, retail and banking within the development. Important civic facilities and public utilities will be added to make Godrej Garden City fully self-sufficient.

The master plan has been created by world-renowned architects Skidmore, Owings and Merrill (SOM), who have designed numerous landmark projects across the globe such as the Burj Khalifa in Dubai, which is currently the world’s tallest building. Godrej Garden City has been recognised as 'The Best Residential Project' in Ahmedabad at the CNBC Awaaz Real Estate Awards, 2012.

Godrej Properties Share Price

2109.00 -51.85 (-2.40%)

14-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
Lodha Developers	1151.40
Dilip Buildcon	411.90
Sobha	1491.80
Oberoi Realty	1917.00
DLF	671.30
View more..

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