diff --git a/CHANGELOG.md b/CHANGELOG.md
index dd2cd30..5589a66 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -8,7 +8,8 @@
 
 - Migrate IntelliJ Platform repository configuration to `settings.gradle.kts`
 - Dependencies - upgrade `org.jetbrains.intellij.platform` to `2.14.0`
-- Simplify property configuration by removing redundant `pluginGroup` reference from `build.gradle.kts` and updating `gradle.properties`.
+- Update `group` property in `gradle.properties` and remove redundant `pluginGroup` configuration from `build.gradle.kts`
+- Update `version` property in `gradle.properties` and remove redundant `pluginVersion` configuration from `build.gradle.kts`
 
 ### Removed
 
diff --git a/build.gradle.kts b/build.gradle.kts
index 373a373..a0830f0 100644
--- a/build.gradle.kts
+++ b/build.gradle.kts
@@ -10,8 +10,6 @@ plugins {
     alias(libs.plugins.kover) // Gradle Kover Plugin
 }
 
-version = providers.gradleProperty("pluginVersion").get()
-
 // Dependencies are managed with Gradle version catalog - read more: https://docs.gradle.org/current/userguide/version_catalogs.html
 dependencies {
     testImplementation(libs.junit)
diff --git a/gradle.properties b/gradle.properties
index 200d20f..5074e78 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,10 +1,11 @@
 # IntelliJ Platform Artifacts Repositories -> https://plugins.jetbrains.com/docs/intellij/intellij-artifacts.html
 
 group = org.jetbrains.plugins.template
+version = 2.4.1
+
 pluginName = IntelliJ Platform Plugin Template
 pluginRepositoryUrl = https://github.com/JetBrains/intellij-platform-plugin-template
 # SemVer format -> https://semver.org
-pluginVersion = 2.4.1
 
 # Supported build number ranges and IntelliJ Platform versions -> https://plugins.jetbrains.com/docs/intellij/build-number-ranges.html
 pluginSinceBuild = 252