Announced Wed, 1 Jul · 06:08 IST
Godrej Properties wins Noida land bid, over INR 2,000 crore revenue potential
Compliance View source PDF
GODREJPROP · price
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Price reaction · full curve 14 horizons · vs prior close
+4.9%1-day move
₹1867.70
prior close
₹1884.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.3-0.2-0.2+4.9+6.6+9.6+9.4+5.8+14.3+11.2———
Up moveDown movePending
AI summary
Godrej Properties emerged as the highest bidder for a 4.95-acre residential land parcel in Sector 151, Noida, for INR 331.75 crore. The company plans a premium residential project with estimated revenue potential exceeding INR 2,000 crore. The plot has strong connectivity to the Noida-Greater Noida Expressway and Jewar Airport. This follows another recent 23.2-acre acquisition in Greater Noida with INR 7,000 plus crore revenue potential.
Likely market impact
Expands NCR portfolio and adds over INR 2,000 crore to revenue pipeline, positive signal for future growth.