Signature Global Sales Fall 27% Despite Festive Housing Demand

Signature Global, a leading Gurugram-based real estate developer, reported a 27 percent decline in sales bookings at Rs. 2,020 crore during the October–December quarter, despite traditionally strong festive season housing demand. In comparison, the company had achieved Rs. 2,770 crore in sales bookings in the same quarter last year.

According to a regulatory filing, Signature Global sold 408 residential units in the December quarter, sharply lower than 1,518 units sold a year ago. In terms of area sold, bookings dropped to 1.44 million sq ft from 2.49 million sq ft year-on-year. Typically, Q3 real estate sales see a boost due to festive buying, though the company did not officially cite reasons for the slowdown.

Key Highlights

• Signature Global Q3 sales bookings drop 27 percent to Rs. 2,020 crore
• Festive season fails to boost Gurugram housing demand
• Rs. 12,500 crore FY26 sales target hinges on strong Q4 performance

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One contributing factor could be the delayed launch of a large housing project on Dwarka Expressway, which was introduced only towards the end of the quarter. For the first nine months of FY26, Signature Global sales bookings declined 23 percent to Rs. 6,680 crore, compared to Rs. 8,670 crore in the previous year. During this period, the company sold 1,746 units, down from 3,539 units year-ago period.

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Chairman Pradeep Kumar Aggarwal stated that demand across focused micro-markets remains steady. He highlighted encouraging response to the wellness-centric premium project Sarvam at DXP Estate, Dwarka Expressway. The company achieved Rs. 10,290 crore in sales last fiscal and aims for Rs. 12,500 crore sales bookings in FY26, requiring nearly Rs. 6,000 crore in the current quarter. However, Gurugram real estate demand has recently softened due to sharp post-COVID price increases.