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GODREJPROP — Godrej Properties News Story

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India's Godrej Properties up on entering new market with land acquisition

** Godrej Properties GODR.NS closes nearly 2% higher at 2,339.2 rupees

** Mumbai-based real estate developer enters Raipur, Chhattisgarh state, with 50-acre land acquisition for premium plotted residential units

** Co says Raipur, an emerging real estate market, is seeing strong demand for residential plotted developments and strong infrastructure growth

** GODR shares down about 16% YTD

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))

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