Godrej Properties Limited (GPL) shares were trading at RS 2112.55, up by 53.75 points or 2.61% from the previous close of RS 2058.80 on the BSE.

The stock opened at RS 2069.00 and touched an intraday high of RS 2114.00 and a low of RS 2069.00. A total of 4686 shares were traded during the session.

The BSE group ‘A’ stock, with a face value of RS 5, has recorded a 52-week high of RS 3257.25 on October 17, 2024, and a 52-week low of RS 1869.50 on April 7, 2025. In the past week, the stock has ranged between RS 2114.10 and RS 2008.00. The company’s current market capitalization stands at RS 62,994.29 crore.

As per shareholding data, promoters hold 46.70%, institutions hold 39.61%, and non-institutions account for 13.69% of the total shareholding.

In a significant development, Godrej Properties has acquired an approximately 26-acre prime land parcel in South Bengaluru, located near Sarjapur Road. The company plans to develop a premium residential project on this site, with an estimated revenue potential of around RS 1,100 crore.

This acquisition highlights GPL’s growing confidence in the Sarjapur Road corridor — one of Bengaluru’s most vibrant residential zones. The area’s proximity to major employment hubs such as Whitefield, Outer Ring Road, and Electronic City, along with access to top-tier schools, hospitals, and retail centers, makes it a highly sought-after location for homebuyers.

Sarjapur Road has consistently shown robust market fundamentals and strong absorption rates, indicating its sustained demand and growth potential. GPL already has a strong footprint in South Bengaluru with projects like Godrej Park Retreat and Godrej Lakeside Orchards, both witnessing impressive sales momentum.

Godrej Properties, part of the Godrej Group, is one of India’s leading real estate developers based in Mumbai, Maharashtra, with a diversified portfolio spanning residential, commercial, and township developments across key cities.