Godrej Properties announced key updates for Q4 and FY23 as under:

- GPL¡¦s highest ever quarterly and annual sales - Q4 FY23 bookings to Rs 4,051 crore and FY 23 booking value grew by 56% to Rs 12,232 crore. Sales volumes for the quarter grew by 19% QoQ in area terms from 4.42 million sq. ft. to 5.25 million sq. ft. Sales volumes for the full financial year grew by 40% in area terms from 10.84 million sq. ft. to 15.21 million sq. ft. „h

- GPL¡¦s Cash Collections for FY23 grew 41% to INR 8,991 Crore. Q4 FY23 collections stood at Rs 3,822 crore representing QoQ growth of 127% and YoY growth of 52%. „h

- GPL¡¦s highest ever quarterly and annual project deliveries - Delivered projects aggregating over 10 million sq. ft. across 5 cities in FY23 including 7.6 million sq. ft. in Q4. „h

- GPL¡¦s best ever year for business development- Added 18 new projects in FY23 with a total estimated saleable area of nearly 29 million sq. ft. and total estimated booking value of ~Rs 32,000 crore (i.e. more than double the BD guidance of Rs 15,000 crore of estimated booking value for FY23). This included 5 new projects with an expected booking value of Rs 5,750 crore in Q4.