Signature Global, a prominent real estate firm, is gearing up for a major housing launch in Gurugram. Chairman Pradeep Kumar Aggarwal announced that the company will roll out residential projects worth around ₹6,000 crore between July and September 2025. This bold strategy aims to meet robust demand from both end-users and investors even as broader market conditions fluctuate.
During the June quarter, the company unveiled a housing project in Gurugram with a sales revenue potential of approximately ₹3,500 crore, and is now planning to launch 3.5 to 4 million square feet of residential space in the current quarter, with an estimated ₹6,000 crore in sales potential. Aggarwal noted that buyer interest is especially strong in the ₹2–4 crore price bracket, highlighting solid traction for branded mid- to premium-segment housing.
Despite reporting a 15% drop in pre-sales bookings in April–June (₹2,640 crore vs. ₹3,120 crore a year ago), and a 20% decline in sales volume (16 lakh sq ft from 20 lakh sq ft), Signature Global remains optimistic. The company also achieved a significant uplift in average realization—from ₹12,457 to ₹16,296 per sq ft—indicating rising appreciation for its branded offerings.
Financially too, the firm is showing strength. In fiscal 2024–25, Signature Global posted a net profit of ₹101.2 crore, up sharply from ₹16.3 crore the previous year, while revenues rose to ₹2,637.99 crore from ₹1,324.55 crore. The company has delivered 14.6 million sq ft to date and has 10.4 million sq ft currently under construction, underscoring its strong execution capability and growth pipeline.
To support its expansion and manage financial obligations, Signature Global intends to raise approximately ₹875 crore through non-convertible debentures (NCDs) by August, which will support both debt refinancing and growth capital. The chairman reaffirmed confidence in achieving the fiscal year target of ₹12,500 crore in sales bookings, buoyed by the upcoming launches and overall demand momentum.
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