Business Standard

Godrej Properties stock jumps 6 per cent

Image

Press Trust of India New Delhi
Godrej Properties shares today rose by over 6 per cent after the company announced that it sold over 200 flats in its housing project at Gurgaon within just three weeks of the launch.

The share price of the Mumbai-based firm settled at Rs 254.15 on the BSE, up 6.23 per cent from the previous closing.

Godrej Properties, the real estate development arm of the Godrej Group, today said, "It has sold over 200 apartments, with an area over 400,000 sq ft in just three weeks at the launch of its residential project 'Godrej Icon' in Gurgaon."

The company is currently developing residential, commercial and township projects spread across 108 million sq ft in 12 cities.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 21 2015 | 10:07 PM IST

Explore News