Godrej Properties starts work at Vikhroli land; stock down

MUMBAI: Godrej Properties has started development of 35 acres of land at Vikhroli suburb of Mumbai and will spend up to Rs 1500 crore. The development will be undertaken in three phases over 5-6 years and is expected to provide 2.8 million square feet of saleable area.

The stock was at Rs 565, down 0.29 per cent on the NSE. It touched a high of Rs 594.45 and low of Rs 531.65 in trade so far on low volume.