"The real estate development arm of the Godrej Group today launched its flagship project, The Trees that has an area of 34 acres," the Mumbai-based real estate developer says in its filing.
Shares of Godrej Properties gained 4.6 percent intraday Thursday on launching residential real estate project in Mumbai.
"The real estate development arm of the Godrej Group today launched its flagship project - The Trees that has an area of 34 acres," the Mumbai-based real estate developer says in its filing.
The first phase of residences in project contains a total of 374 apartments with a saleable area of approximately 46,000 square metres (5 lakh square feet), it adds.
The project consists of 1 BHK, 2 BHK, 2.5 BHK, 3 BHK, and 3.5 BHK apartments with carpet areas ranging from 45 square metres to 124 square metres (480 square feet to 1,334 square feet) and Penthouses with carpet areas ranging from 190 square metres to 229 square metres (2,043 square feet to 2,465 square feet).
At 14:27 hours IST, the scrip of Godrej Properties was quoting at Rs 325.00, up Rs 9.50, or 3.01 percent on the BSE.
Posted by Sunil Shankar Matkar
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