India's Godrej Properties rises on 5.4 billion rupee acquisition of land parcel

Godrej Properties

21/08/2025 08:13

** India's Godrej Properties GODR.NS rises as much as 2.45% to 2091.9 rupees

** Co emerges as highest bidder for 7.8 acres land parcel in the city of Hyderabad, valued at 5.48 billion rupees

** Co sees estimated revenue potential of 38 billion rupees ($436.91 million), utilizing the land parcel to build premium residential apartments

** Stock last up 1.5%

** GODR down ~25.6% YTD

($1 = 86.9750 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))