Godrej Properties to launch residential project in Mangalore
Godrej Properties announced that it is launching its residential project Godrej Avalon in Mangalore on Aug. 28, 2010.
The stock had outperformed the market over the past one month till Aug. 26, 2010, rising 17.87% compared with the Sensex`s 1.14% rise. It outperformed the market in past one quarter, gaining 44.42% as against 11.22% rise in the Sensex.
Total volume of shares traded on the bourses today was lower by 78.76% to 66,132 compared with 22-day average volume of 311,391.
On May 17, 2010, the board of directors approved final dividend of 40% or Rs 4 a share. The company has an equity capital of Rs 69.85 million. Face value of share is at Rs 10. The company has market capitalization of Rs 52.03 billion as on Aug. 26, 2010.
For those who are fascinated by height and love to be out of bounds, it would be worth exploring the opportunity to own a house in the tallest building of North India.
Standing tall at over 250 meters with 60 floors, this tallest residential building offers unprecedented levels of luxury, comforts and services. With its business centre, studio apartments, luxury apartments, penthouses, club/dance floor and open air rooftop restaurants, it is a world of experience in itself. Stylish, sophisticated and reaching for the clouds – there would not be a better place to reside!