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GODREJPROP — Godrej Properties News Story

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India's Godrej Properties rises after project wins regulatory approval

** Shares of Godrej Properties GODR.NS rise 2% to 2,332 rupees

** Co secures regulatory approval for its upcoming residential development, Godrej Trilogy, in Mumbai

** Project is estimated to have a gross revenue potential of about 100 billion rupees ($1.14 billion), co says

** GODR rated "Buy" on avg by 20 analysts covering it; median PT at 2,672 rupees - data compiled by LSEG

** YTD, GODR pares losses to 16%

($1 = 87.8950 Indian rupees)

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))

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