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Signature Global to Launch Rs 6000 Crore Residential Projects in Gurugram

Signature Global to Launch Rs 6000 Crore Residential Projects in Gurugram

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Signature Global India Ltd., one of the country’s fastest-growing real estate developers, has announced its plans to launch residential projects worth approximately ₹6,000 crore in Gurugram during the current quarter. The new launches will cover around 3.5 to 4 million square feet of saleable area and will focus primarily on the mid-premium housing segment, with apartments priced between ₹2 crore and ₹4 crore. This move comes amid strong buyer interest in this price bracket, which the company believes holds maximum demand in today’s market.

In the financial year 2024–25, Signature Global emerged as the fifth-largest listed real estate developer in India, trailing only behind Godrej Properties, DLF, Lodha, and Prestige Estates. The company recorded its highest-ever annual pre-sales of ₹10,290 crore, reflecting its rapid growth and increasing market share. However, in the first quarter of FY26, Signature Global saw a 15% year-on-year decline in sales bookings, amounting to ₹2,640 crore compared to ₹3,120 crore in the same quarter last year.

The number of homes sold during April to June 2025 fell to 778 units from 968 units the previous year, translating into a 20% decline in volume to 1.6 million square feet. Despite the dip in sales volume, the company achieved a notable 30% increase in its average realization, with the revenue per square foot rising to ₹16,296 compared to ₹12,457 in the previous fiscal year. This increase reflects both rising property values and a focus on better-located, higher-margin projects.

Signature Global’s financial performance in FY25 was particularly strong. The company posted a net profit of ₹101.2 crore, up significantly from ₹16.3 crore in the previous fiscal year. Total revenue also surged to ₹2,638 crore from ₹1,325 crore. With 14.6 million square feet already delivered and an additional 10.4 million square feet under construction, Signature Global is positioning itself for continued growth in the coming years.

To support its expansion plans and refinance existing debt, Signature Global is set to raise ₹875 crore through the issuance of non-convertible debentures (NCDs). This infusion of capital will strengthen the company’s balance sheet and enhance its ability to execute large-scale residential developments across the Gurugram market.

Chairman Pradeep Kumar Aggarwal expressed confidence in the Gurugram housing market, stating that there is no bubble and dismissing concerns about a potential correction in home prices. He emphasized that the demand remains robust in the ₹2–4 crore segment and that Signature Global is well-positioned to meet this growing need. The company has set an ambitious pre-sales target of ₹12,500 crore for FY26, signaling its confidence in market momentum despite the relatively slow start in the first quarter.

Signature Global’s new launches are expected to further cement its reputation as a reliable developer in Gurugram’s competitive real estate market. With a strategic focus on high-demand mid-premium homes, strong financials, and a growing customer base, the company is poised to continue its upward trajectory in the coming fiscal year.

Also read, Sattva Group to Invest Rs 1500 Crore in Vizag to Develop 30-Acre Integrated Campus

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