Godrej Properties shares to remain in focus after co acquires 53 acre land in Kolkata

Godrej Properties has acquired a 53-acre land parcel in Kolkata, aiming to develop a residential plotted project with a revenue potential of Rs 500 crore. The project, located in Joka, is expected to offer 1.3 million square feet of saleable area. Godrej Properties' shares closed higher on the BSE following the announcement.