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Godrej Properties Limited ( (IN:GODREJPROP) ) just unveiled an announcement.
Godrej Properties Limited has emerged as the highest bidder for a 5-acre land parcel in Neopolis, Kokapet, Hyderabad, a high-growth real estate destination. The proposed premium residential project on this land is expected to offer 2.5 million sq. ft. of saleable area with an estimated revenue potential of INR 4,150 crore. This acquisition reinforces Godrej Properties’ growing presence in Hyderabad, a rapidly expanding market for the company, and aligns with its strategic focus on high-potential regions. The development is set to benefit from the area’s robust infrastructure and demand from high-income homebuyers.
More about Godrej Properties Limited
Godrej Properties Limited, part of the Godrej Industries Group, is a leading real estate developer in India known for its focus on innovation, sustainability, and excellence. The company combines a legacy of trust with cutting-edge design and technology, and it has been recognized as India’s largest developer by residential sales value. Godrej Properties is committed to sustainable development, ensuring all its projects are third-party certified green buildings.
Average Trading Volume: 20,830
Technical Sentiment Signal: Hold
Current Market Cap: 636.6B INR
For an in-depth examination of GODREJPROP stock, go to TipRanks’ Overview page.