Signature Global Eyes Rs 125 billion Sales in FY26

14 Jul 2025 CW Team

Signature Global is confident of achieving its Rs 125 billion pre-sales target for FY26, despite a 15 per cent year-on-year dip in bookings in the April–June quarter. The company had recorded Rs 102.9 billion in pre-sales in FY25, emerging as the fifth-largest listed real estate firm by bookings.

“We are confident of achieving the target of Rs 125 billion sales bookings in the current fiscal,” said Pradeep Kumar Aggarwal, Chairman, Signature Global. He added that the company has a robust launch pipeline in Gurugram lined up for the rest of the year.

Despite strong housing demand, the company saw a 15 per cent decline in sales bookings in Q1 FY26 to Rs 26.4 billion, down from Rs 31.2 billion in the year-ago period. Units sold dropped to 778 homes, compared to 968 units in Q1 FY25. Pre-sales volume stood at 16 lakh sq ft, down 20 per cent year-on-year. However, the average realisation improved to Rs 16,296 per sq ft in Q1 FY26, compared to Rs 12,457 per sq ft for FY25.

Recently, the company announced plans to raise Rs 875 crore through non-convertible debentures to refinance debt and fund business expansion.

Signature Global posted a net profit of Rs 101.2 crore in FY25, up from Rs 16.32 crore in FY24, while total income rose to Rs 2,637.99 crore from Rs 1,324.55 crore in the previous year.

Since inception, the company has delivered 13.5 million sq ft of housing and has a strong pipeline comprising 21.6 million sq ft of upcoming projects and 46.38 million sq ft of ongoing developments scheduled for completion over the next 2–3 years.

(In photo: Pradeep Aggarwal, Founder and Chairman, Signature Global (India)

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..