Godrej Properties is currently trading at Rs. 2929.35, up by 4.30 points or 0.15% from its previous closing of Rs. 2925.05 on the BSE.

The scrip opened at Rs. 2953.75 and has touched a high and low of Rs. 2972.30 and Rs. 2915.00 respectively. So far 1011 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3400.00 on 16-Sep-2024 and a 52 week low of Rs. 1548.00 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 3173.65 and Rs. 2871.65 respectively. The current market cap of the company is Rs. 81334.56 crore.

The promoters holding in the company stood at 58.48%, while Institutions and Non-Institutions held 35.46% and 6.07% respectively.

Godrej Properties (GPL) has emerged as the highest bidder and has secured the Letter of Intent (LoI) to develop a group housing plot at Golf Course Road in Gurugram through an e-auction conducted by the Haryana Shehri Vikas Pradhikaran (HSVP). The plot, measuring 7.5 acres is located in the prestigious Golf Course Road micro-market and will offer a development potential of over 1.7 million square feet, comprising of luxury residential apartments of varied configurations, with an estimated revenue potential in excess of Rs 5,500 crore.

In FY24, GPL acquired two prime parcels measuring 5.15 acres and 2.76 acres in the Golf Course Road micro-market from HSVP through auction and plans to launch both these projects in the current financial year. The estimated revenue potential of GPL’s developable land on Golf Course Road in Gurgaon is in excess of $1.5 billion.

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.