Signature Global, a prominent Gurugram-based real estate developer, emerged as the fifth-largest listed real estate company in India for FY 2024-25, based on record pre-sales of Rs. 10,290 crore.
For the current fiscal, the company has set an ambitious guidance of Rs. 12,500 crore in sales bookings. In the April-June 2025 quarter, the company witnessed a 15 percent year-on-year decline in pre-sales, totaling Rs. 2,640 crore versus Rs. 3,120 crore in the same period last year. Signature Global sold 778 residential units, down from 968 units, with overall pre-sales volumes dropping 20 percent to 16 lakh sq. ft.
Key Highlights
Despite the dip in volume, the average sales realization increased significantly to Rs. 16,296 per sq. ft. in Q1 FY26, compared to Rs. 12,457 per sq. ft. in the previous fiscal, reflecting a strategic shift towards premiumization.
The company recently announced plans to raise Rs. 875 crore via non-convertible debentures (NCDs) to refinance existing debt and support business expansion.
Signature Global reported a sharp rise in net profit to Rs. 101.2 crore in FY25 from Rs. 16.32 crore the previous year, while total income doubled to Rs. 2,637.99 crore from Rs. 1,324.55 crore in FY24.
"We are confident of achieving the target of Rs. 12,500 crore sales bookings in the current fiscal. The company has a strong launch pipeline in Gurugram for the remaining period of this fiscal year," Signature Global Chairman Pradeep Kumar Aggarwal said. Aggarwal added that the housing demand continues to be strong, especially for companies having a good track record of executing projects on time.
Also Read: Realty firm Signature Global Purchases 2 Land Parcels in Gurugram
Since inception, the developer has delivered 13.5 million sq. ft. of residential projects and has a robust pipeline: 21.6 million sq. ft. of saleable upcoming projects and 46.38 million sq. ft. of ongoing projects, set for completion within 2–3 years.
We use cookies to ensure you get the best experience on our website. Read more...
Copyright © 2025 HomesIndiaMagazine. All Rights Reserved.