CMD: Signature Global to launch housing projects

16 Jul 2024 CW Team

Signature Global Chairman Pradeep Kumar Aggarwal announced that the realty firm would be launching multiple housing projects with a revenue potential of around Rs 13,000 crore by March next year. Aggarwal stated that the company had already launched one housing project valued at approximately Rs 30 billion in the first quarter of the fiscal year 2024-25, and they have a robust pipeline for launches in the remaining quarters. He mentioned plans to launch additional housing projects in Gurugram, Manesar, and the Sohna belt, foreseeing significant revenue potential from these upcoming projects. Signature Global, headquartered in Gurugram and listed on the stock exchanges since last year, is recognized as one of the leading real estate developers in the country. When asked about project execution, Aggarwal emphasized the company's focus on timely project delivery, stating that they plan to invest approximately Rs 25 billion in construction activities during the fiscal year. Regarding sales performance, Aggarwal expressed confidence in achieving the sales bookings guidance of Rs 100 billion for 2024-25, marking substantial growth from Rs 72 billion in the previous year. He noted that Signature Global had already achieved Rs 31 billion in sales bookings during the April-June quarter, marking a significant increase compared to Rs 8.2 billion in the corresponding period of the previous year.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..