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Godrej Properties Limited ( (IN:GODREJPROP) ) has shared an announcement.
Godrej Properties Limited has announced the acquisition of a 26-acre land parcel near Sarjapur Road in Bengaluru, intending to develop a premium residential project with an estimated revenue potential of INR 1,100 crore. This acquisition reinforces the company’s confidence in the Sarjapur Road corridor, a vibrant residential destination with strong market fundamentals and connectivity to key employment hubs. The move is expected to strengthen Godrej Properties’ presence in Bengaluru’s dynamic real estate market, building on the success of previous developments in the area.
More about Godrej Properties Limited
Godrej Properties Limited is a leading real estate developer in India, part of the Godrej Industries Group. The company is known for its focus on innovation, sustainability, and excellence, combining a 128-year legacy with modern design and technology. It has been recognized globally for its sustainability practices and is committed to developing third-party certified green buildings.
Average Trading Volume: 30,659
Technical Sentiment Signal: Hold
Current Market Cap: 630.2B INR
For detailed information about GODREJPROP stock, go to TipRanks’ Stock Analysis page.