The big announcement by Godrej developer that they have sold the entire inventory of Godrej Icon, their share’s price suddenly raised by 8% to Rs 258 on NSE in the late noon.
In a press release, Godrej Properties conveyed that they have sold out over 200 condominiums of Godrej Icon, which covers over 4, 00,000 sq.ft of land in Sector-88A -89A, Gurgaon.
This property is the product of joint venture of Oasis Build Home Ltd and Godrej Properties. It rests on 9 acres of land and includes 9 designer towers and a 32 storey Iconic Tower.
Godrej developer is right now working in 12 cities in India for the development of residential and Commercial Township which covers around 10 million square meters.
The trading volume has seen a tremendous hike with clubbed shares of 301,086 which is being exchanged on the counter on the NSE & BSE.