Godrej Properties shares jump over 2% as co launches QIP to raise Rs 6,000 crore

Godrej Properties launched a qualified institutional placement to raise funds. The company aims to secure Rs 6,000 crore. It also acquired land in Kolkata. The land will be used for a residential project. The project has a potential revenue of Rs 500 crore. Godrej Properties saw strong sales bookings growth this year.