Signature Global to Invest Rs 3,500 Crore in Gurugram Region
Realty firm Signature Global is maintaining a positive outlook towards housing demand despite global uncertainties, its Chairman Pradeep Aggarwal stated.
Positive Outlook Despite Global Uncertainties
Despite the Gurugram housing market experiencing "little bit of softness" on demand side during the second half of the 2025-26 fiscal year, Aggarwal believes that the market will return to normalcy this fiscal year.
Targets for 2026-27 Fiscal Year
- Growth in sales bookings of 21% to Rs 10,000 crore
- Investment of around Rs 2,000 crore on construction activities
- Investment of Rs 1,000-1,500 crore on land acquisition
Land Acquisition and Construction Activities
The company invested around Rs 700 crore last fiscal year to buy land parcels and plans to invest around Rs 1,000-1,500 crore on land acquisition during FY27.
Aggarwal stated that the company is evaluating many land parcels in Gurugram district and adjoining areas and hopes to conclude a few deals soon.
Foray into Commercial Real Estate
The company has entered into commercial real estate business in partnership with Bengaluru-based RMZ group, as part of its strategy to diversify into other segments of the real estate sector.
Performance in 2025-26 Fiscal Year
- Sales bookings fell 20% to Rs 8,250 crore
- Sold 2,114 homes, almost half of the 4,130 units in the preceding year
- Average sales realisation increased to Rs 15,250 per sq ft from Rs 12,457 per sq ft
Partnership with Tonino Lamborghini
Signature Global tied up with Italian lifestyle brand Tonino Lamborghini to develop a luxury housing project in Gurugram with an investment of nearly Rs 2,900 crore.
Financial Performance
- Consolidated net profit rose to Rs 1,094.64 crore from Rs 101.2 crore
- Total income rose to Rs 2,778.85 crore from Rs 2,637.99 crore
About Signature Global
Signature Global has delivered 17.9 million sq ft of real estate since inception and is one of the leading real estate developers in the country.