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GODREJPROP — Godrej Properties News Story

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India's Godrej Properties rises after bying 26-acre land

** Shares of Godrej Properties GODR.NS rise nearly 4% to 2,135 rupees

** GODR set for biggest jump in four months, since June 6

** Real estate developer buys 26-acre land in southern Indian city of Bengaluru

** Co says project estimated to have a revenue potential of 11 billion rupees ($124.50 million)

** GODR rated "Buy" on avg by analysts covering it; median PT at 2,672 rupees - data compiled by LSEG

** YTD, GODR down 23%

($1 = 88.3560 Indian rupees)

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))

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