Shares of Godrej Properties have been breaking records, with the company selling homes worth over Rs 3,150 crore.
Godrej: Well-known real estate company Godrej Properties Limited is currently in a profitable phase and its stock is also seeing good growth. In an announcement issued today, July 2, the company said it has sold 2,000 homes worth over Rs 3,150 crore in its Godrej Woodscapes project located in the Whitefield-Budikere Cross area of Bengaluru. Let us know the whole thing. According to the company statement, Godrej Properties has made its best debut in which the company achieved the highest sales value and volume till date. This is the second issue to cross Rs 3,000 crore in sales in the last three months. Thanks to the success of Godrej Woodscapes, sales in Bangalore have increased by 500 percent compared to the previous quarter, surpassing the annual sales target for South India in the first quarter itself. Established in 1990, Godrej Properties was the first real estate company to receive ISO certification. Currently, the company is developing significant projects spanning 18.58 million square meters across 12 Indian cities. Also Read: UPI transactions up 49% in June, a rise seen in the stock market today Properties During intraday trade, the stock touched a year high of 3,329.95 and closed up 4.85% at 3,315.05 at 11:25 am on the NSE. Over the past year, the company's stock has gained more than 110%, including a 39% increase in the last six months. Godrej Properties is a good choice for investors but take expert advice before investing in the market. Also Read: Stock Market Hits Record, Sensex Doesn't Cross 80,000 The post Godrej Properties shares break records, company sells over Rs 3,150 crore homes appeared first on Prabhat Khabar.