Signature Global Sees Triple Surge in Housing Sales

Realty firm Signature Global reported nearly a three-fold increase in sale bookings, reaching Rs 2,780 crore in Q2 of this fiscal year. The company, with strong market presence in Gurugram, is targeting Rs 10,000 crore sales for the current fiscal year amid expanding housing demands.

Signature Global, a real estate firm prominently operating in the Gurugram market, has announced an impressive surge in its sale bookings. The company's sales reached Rs 2,780 crore in the second quarter of this fiscal year, marking a substantial increase from Rs 980 crore in the same period last year, despite the traditionally low-demand Shraddh season.

For the first half of the fiscal year 2024-25, Signature Global's sale bookings have tripled to Rs 5,900 crore, compared to Rs 1,860 crore in the previous fiscal. The firm had previously recorded Rs 7,270 crore in sale bookings during the entire 2023-24 fiscal year and is now eyeing a target of Rs 10,000 crore for the current fiscal year.

Chairman Pradeep Kumar Aggarwal attributes this success to the company's resilient business model and adaptive strategies amid market fluctuations. Signature Global focuses on premium and mid-housing projects, strategic land acquisitions, and innovative customer-centric approaches. PropEquity data shows a 22% rise in housing sales in Delhi-NCR, supporting Signature Global's growth trajectory.