Godrej Properties enters Kurukshetra with acquisition of 62 acres land

The Mumbai-based developer Godrej Properties Ltd. (GPL), (BSE scrip id: GODREJPROP), one of India's leading real estate developers, today announced that it has acquired approximately 62 acres of land in Kurukshetra, Haryana. This project will offer approximately 1.4 million sq. ft. of plotted residential development, offering attractive plot sizes along with exceptional lifestyle amenities. The site is strategically located with access from National Highway 44. Kurukshetra is a self-sufficient city with good infrastructure consisting of schools, colleges, hospitals and has significant historical and religious importance.

Gaurav Pandey, MD & CEO Designate, Godrej Properties, said, "We are pleased to announce our entry into Kurukshetra. Haryana has been a key market for us and we look forward to further strengthen our presence in Haryana with this project. We will aim to build an outstanding residential community that creates long term value for its residents."

Shares of Godrej Properties Limited was last trading in BSE at Rs. 1172.90 as compared to the previous close of Rs. 1227.90. The total number of shares traded during the day was 46109 in over 5466 trades.

The stock hit an intraday high of Rs. 1220.00 and intraday low of 1167.00. The net turnover during the day was Rs. 55110730.00.

Source : Equity Bulls

Keywords

GodrejProperties INE484J01027 62Acres Kurukshetra PlotDevelopment Residential