MICL, which previously held the role of Development Manager for the project, has now transferred the development rights, jointly held with Shreepati Group, to Godrej Properties Godrej Properties shares will be in focus after the company announced a 2.5-acre luxury housing project in Marine Lines, South Mumbai, with estimated revenue potential of around Rs 6,000 crore Key points and original sources are listed below.

• MICL, which previously held the role of Development Manager for the project, has now transferred the development rights, jointly held with Shreepati Group, to Godrej PropertiesS1

• Godrej Properties shares will be in focus after the company announced a 2.5-acre luxury housing project in Marine Lines, South Mumbai, with estimated revenue potential of around Rs 6,000 croreS2