Grovy India Limited, a real estate company, is set to propose bonus issues this week, making it an attractive penny stock to consider for investors.
Real EstatePenny StockBonus IssuesGrovy India LimitedAffordable StockReal Estate PuneAug 26, 2024

Grovy India Limited's current market price is below Rs 170.
Grovy India Limited is set to discuss a proposal to issue bonus shares this week.
Grovy India Limited's PE ratio is high.
Grovy India Limited develops exceptional real estate properties that are known for their innovative designs and exceptional quality.
Grovy India Limited was established in 1985.

Mumbai-based Keystone Realtors has raised Rs 800 crore by selling shares to institutional investors

The Kerala police have handed over the missing case of Mohammad Attur, a prominent real estate businessman, to the Crime Branch to prevent a CBI investigation.

The residential property market in Noida and Greater Noida witnessed a 6% surge in registrations during the July-September quarter, with a total of 8,128 units sold, according to real estate consultant Square Yards.

Mumbai's real estate market is on track to register 1,41,302 property registrations in 2024, marking an 11% increase from the previous year. The market is showing resilience and a growing preference for premium and spacious homes.

In 2025, we can expect a significant rise in commercial real estate activity in Tier-II and Tier-III cities across India, driven by factors such as low operating costs, ample space, skilled talent, and infrastructure development.

The Maharashtra Transport Minister, Pratap Sarnaik, has called on the Confederation of Real Estate Developers’ Associations of India (CREDAI) to participate in the development of 1,360 hectares of land owned by the Maharashtra State Road Transport Corpora