Godrej Properties soars on unveiling two township projects in Ahmedabad

16 Dec 2011 Evaluate

Godrej Properties is currently trading at Rs 676.45, up by 26.65 points or 4.10% from its previous closing of Rs 649.80 on the BSE.

The scrip opened at Rs 650.00 and has touched a high and low of Rs 688.75 and Rs 650.00 respectively. So far 591295 shares were traded on the counter.

The BSE group 'A' 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 545.05 on 02-Feb-2011.

Last one week high and low of the scrip stood at Rs 690.00 and Rs 638.45 respectively. The current market cap of the company is Rs 4538.85 crore.

The promoters holding in the company stood at 83.79% while Institutions and Non-Institutions held 7.38% and 8.83% respectively. 

Godrej Properties, the real estate development arm of the Godrej Group, has launched two new towers in their township project Godrej Garden City (GGC) in Ahmedabad. These towers, standing 12 storey tall, will offer luxurious 3 BHK apartments each measuring 2,253 sq. ft. These modern apartments have been designed to offer a 270-degree view to their occupants.

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 plans to create facilities for 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.

Godrej Garden City initiative seeks to reduce the net greenhouse gas emissions from the project to zero by incorporating a cutting-edge sustainable development philosophy in all aspects of the development.

Godrej Properties is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, its business focuses on residential, commercial and township developments. It is a fully integrated real estate development company involved in all activities associated with the development of residential and commercial real estate.

Godrej Properties Share Price

2963.95 184.75 (6.65%)
03-Jun-2024 13:57 View Price Chart
Peers
Company Name CMP
Dilip Buildcon 432.10
Macrotech Developers 1420.35
NBCC (India) 151.95
Prestige EstatesProj 1743.45
DLF 853.55
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.