31 Jan 2026

Godrej Properties Trades Higher on BSE; Acquires 8.5-Acre Land Parcel in Pune

Godrej Properties is trading at RS. 1572.60 on the BSE, up RS. 7.20 or 0.46% from its previous close of RS. 1565.40.

The stock opened at RS. 1565.50 and moved between a high of RS. 1587.90 and a low of RS. 1550.40 during the session. A total of 24,070 shares have been traded so far.

The BSE Group ‘A’ stock, with a face value of RS. 5, touched a 52-week high of RS. 2522.55 on 05-Feb-2025 and a 52-week low of RS. 1476.20 on 27-Jan-2026. Over the past week, the scrip recorded a high of RS. 1587.90 and a low of RS. 1476.20. The company’s current market capitalization stands at RS. 47,420.42 crore.

Promoters hold 47.17% stake in the company, while Institutional investors own 38.91% and Non-Institutional investors hold 13.91%.

On the business front, Godrej Properties has acquired an 8.5-acre land parcel through outright purchase in the fast-growing Mahalunge micro-market of Pune. The proposed project will mainly consist of group housing and is expected to offer a developable potential of around 2.1 million square feet, with an estimated revenue potential of approximately RS. 2,000 crore.

The land is strategically located in the Mahalunge-Maan-Nande belt, part of the Mahalunge-Hinjewadi micro-market, and lies close to the upcoming Pune Inner Ring Road along the rapidly developing Hinjewadi-Balewadi corridor. The area has strong social infrastructure, including leading educational institutions such as Delhi Public School, Mahindra International School, and Symbiosis Centre for Management, along with easy access to Baner-Balewadi and Hinjewadi—key IT and BFSI hubs of Pune.

Godrej Properties, a real estate arm of the Godrej Group, is among India’s leading real estate developers, headquartered in Mumbai, Maharashtra. The company primarily focuses on residential, commercial, and township developments across the country.