Godrej Properties (GPL), the real estate arm of the Godrej Group, witnessed a rise in share price on Thursday after the company announced the launch of its ninth residential township project, Godrej Prana, in Pune. The residential project is spread across 31 acres. The first phase of the  project  comprises  of  a  total  saleable  area  of  approximately  65,000  sq.  mt.  (7 lakh sq. ft.).

This project is strategically located in Undri and offers excellent connectivity to Pune railway station, Nagar road, Pune-Kolhapur Highway, IT hubs and the city center.

Shares of Godrej Properties are trading at Rs 305, up Rs 8.35, or 2.81% at the Bombay Stock Exchange (BSE) on Thursday at 11:35 a.m.

The scrip has touched an intra-day high of Rs 311.70 and low of Rs 295.40. The total volume of shares traded at the BSE is 20,006.