Godrej Properties Jumps 1% on Rs 2,000 Cr Worli Sales

Shares of Godrej Properties Ltd rose 1% to touch a day’s high of Rs 1,542.90 on 2nd February. This happened after the company said it had sold homes worth over Rs 2,000 crore in the first phase of its Godrej Trilogy project in Worli, South Mumbai.

The Godrej Trilogy project comprises three towers. In the first phase, homes on select floors in two towers—Seaturf and Seafront—were launched. There was an open inventory of around Rs 3,500 crore, the company said.

Spread across 2.63 acres, the project offers three- and four-bedroom apartments, with three homes per floor. It features a five-level clubhouse with amenities such as a private spa, fitness centres, and a racquet club.

Godrej Trilogy also enjoys strong connectivity. It offers two-minute access to the Mumbai Coastal Road and proximity to the Bandra-Worli Sea Link and Metro Line 3.

Separately, Godrej Properties said last week that it has acquired an 8.5-acre land parcel in Mahalunge, Pune. This has an estimated revenue potential of Rs 2,000 crore.

At 1:03 PM, shares of Godrej Properties were trading 0.92% higher at Rs 1,530.70 on NSE.

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