Godrej Properties (GPL) clocked Q4FY23 gross sales bookings of Rs40.5bn vs. I-sec estimate of Rs40.0bn led by 12 new launches across MMR, Pune and Bengaluru. The company clocked record FY23 sales bookings of Rs122.3bn (up 56% YoY) and with a strong pipeline of ~20msf of launches in FY24, the company has given FY24 sales booking guidance of Rs140bn (I-sec estimate of Rs147bn).