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Godrej Properties beats 52-week high on a new project in Bengaluru

Godrej Properties share cost contacted 52-week high of Rs 1,231.60, adding 2 percent toward the beginning of the day exchange on December 8 after the land organization said it would build up a private task in Bengaluru.

The organization went into a by and large exchange to buy a very much found land bundle in Whitefield, Bengaluru.

Spread across 18 sections of land, the task would offer 0.22 million square meters (2.4 million square feet) of saleable zone of basically private lofts.

“We are happy to add this new project in Bangalore. Bangalore is a key market for us and this project fits well with our strategy of deepening our presence across the country’s leading real estate markets,” said Pirojsha Godrej, Executive Chairman, Godrej Properties

At 0918 hours, Godrej Properties was citing at Rs 1,228.80, up Rs 21, or 1.74 percent, on the BSE.

The share contacted its 52-week high of Rs 1,230.50 on December 2, 2020 and a 52-week low of Rs 505.95 on March 24, 2020. It is exchanging 0.14 percent beneath its 52-week high and 142.87 percent over its 52-week low.

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