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Home > Forum > Mumbai > Real estate News > Kotak Mahindra Bank has bought share worth Rs 91.61 crore in Godrej Properties

Kotak Mahindra Bank has bought share worth Rs 91.61 crore in Godrej Properties

Q: The bank acquired 2746043 shares in the real estate development arm of the Godrej group for Rs 90.61 crore.

godrej properties
kotak mahindra bank
residential projects by god
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Replies (2)
1
@Bablu,
Earlier this month, it had sold 300 flats worth over Rs 700 crore in just a week at its project in Vikhroli, Mumbai, even as the housing segment is facing huge demand slowdown.
Aneek Das


2
Yes, and the shares were bought at an average price of Rs. 330/shares. It is heard that the company is developing residential, commercial and township projects spread across 110.30 million sq-ft in 12 cities across the country.
bablu pathak


3

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