Signature Global to Invest Rs 3,500 Crore in Gurugram Region This Fiscal Year
Realty firm Signature Global will invest around Rs 3,500 crore this fiscal year on land acquisition in Gurugram region and construction activities as it maintains a positive outlook towards housing demand despite global uncertainties, its Chairman Pradeep Aggarwal said.
Positive Outlook Despite Global Uncertainties
Aggarwal noted that the Gurugram housing market did face "little bit of softness" on demand side during the second half of the 2025-26 fiscal year, after registering a sharp rally in sales as well as prices during 2022-2024 calendar years.
Growth Plans and Targets for 2026-27 Fiscal Year
- The company has set a target to achieve 21 per cent growth in sales bookings this fiscal year to Rs 10,000 crore on strong launch pipeline and residual inventories in the under-construction real estate projects.
- Signature Global will be investing around Rs 2,000 crore on construction activities this fiscal year.
- The company invested around Rs 700 crore last fiscal year to buy land parcels. "We will be investing Rs 1,000-1,500 crore on land acquisition during FY27", Aggarwal said.
Expansion into Commercial Real Estate
The chairman highlighted that 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.
Financial Highlights
- During the 2025-26 fiscal year, the company's sales bookings fell 20 per cent to Rs 8,250 crore from a record Rs 10,290 crore in the preceding year.
- The company sold 2,114 homes in the last fiscal year, almost half of the 4,130 units in the preceding year.
- The company's average sales realisation increased to Rs 15,250 per sq ft from Rs 12,457 per sq ft in FY25, driven by higher volumes in the premium segment and sales price increase across key regions.
Recent Development
In April, 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.
Consolidated Net Profit
Signature Global has reported a multi-fold jump in its consolidated net profit to Rs 1,094.64 crore last fiscal year from Rs 101.2 crore in the preceding year.
Delivered Real Estate
Signature Global, one of the leading real estate developers in the country, has delivered 17.9 million sq ft of real estate since inception.