Signature Global Eyes Rs 125 Billion Sales in FY26
Real Estate

Signature Global Eyes Rs 125 Billion Sales in FY26

Realty firm Signature Global remains confident of achieving its Rs 125 billion pre-sales target for FY26, despite reporting a 15 per cent year-on-year decline in sales bookings for the April–June quarter.
The Gurugram-based developer, which recorded Rs 102.9 billion in bookings during FY25, was the fifth largest listed real estate company by sales bookings last year.
“We are confident of achieving the Rs 125 billion target this fiscal,” said Chairman Pradeep Kumar Aggarwal, citing a robust launch pipeline in Gurugram and strong housing demand among reputed developers.
In Q1 FY26, Signature Global sold 778 homes worth Rs 26.4 billion, down from 968 units valued at Rs 31.2 billion a year ago. Volumes also dipped by 20 per cent to 1.6 million sq ft, though average sales realisation rose to Rs 16,296 per sq ft, compared to Rs 12,457 per sq ft in FY25.
The company recently announced a Rs 8.75 billion fundraise through non-convertible debentures to refinance debt and support expansion.
For FY25, Signature Global posted a net profit of Rs 1.01 billion, a sharp rise from Rs 163.2 million in the previous year. Total income grew to Rs 26.38 billion, nearly doubling from Rs 13.24 billion in FY24.
Since inception, the company has delivered 13.5 million sq ft of housing projects, with a future pipeline of 21.6 million sq ft and 46.38 million sq ft under development, slated for completion over the next 2–3 years.

Realty firm Signature Global remains confident of achieving its Rs 125 billion pre-sales target for FY26, despite reporting a 15 per cent year-on-year decline in sales bookings for the April–June quarter.The Gurugram-based developer, which recorded Rs 102.9 billion in bookings during FY25, was the fifth largest listed real estate company by sales bookings last year.“We are confident of achieving the Rs 125 billion target this fiscal,” said Chairman Pradeep Kumar Aggarwal, citing a robust launch pipeline in Gurugram and strong housing demand among reputed developers.In Q1 FY26, Signature Global sold 778 homes worth Rs 26.4 billion, down from 968 units valued at Rs 31.2 billion a year ago. Volumes also dipped by 20 per cent to 1.6 million sq ft, though average sales realisation rose to Rs 16,296 per sq ft, compared to Rs 12,457 per sq ft in FY25.The company recently announced a Rs 8.75 billion fundraise through non-convertible debentures to refinance debt and support expansion.For FY25, Signature Global posted a net profit of Rs 1.01 billion, a sharp rise from Rs 163.2 million in the previous year. Total income grew to Rs 26.38 billion, nearly doubling from Rs 13.24 billion in FY24.Since inception, the company has delivered 13.5 million sq ft of housing projects, with a future pipeline of 21.6 million sq ft and 46.38 million sq ft under development, slated for completion over the next 2–3 years.

Next Story
Infrastructure Urban

PM GatiShakti Reviews Major Road, Rail and Metro Plans

The Network Planning Group (NPG) under the PM GatiShakti initiative has evaluated multiple infrastructure projects spanning road, rail, and metro systems. The review covered two highway projects by the Ministry of Road Transport and Highways (MoRTH), two railway proposals by the Ministry of Railways, and one metro project under the Ministry of Housing and Urban Affairs (MoHUA). According to the Ministry of Commerce and Industry, the projects were assessed for alignment with PM GatiShakti’s principles of integrated multimodal connectivity, last-mile linkage to economic and social hubs, and t..

Next Story
Infrastructure Urban

BLS International Wins MEA Contract for Visa Centres in China

BLS International Services Limited announced that it has secured a contract from the Ministry of External Affairs (MEA) to establish and operate Indian Visa Application Centres (IVACs) in China. The contract, effective from 14 October 2025, will remain valid for a period of three years. The development follows India’s decision in July 2025 to resume the issuance of tourist visas to Chinese nationals — a move aimed at improving bilateral relations that had been strained since the Galwan Valley clashes. India had suspended tourist visas for Chinese citizens in 2020 due to the COVID-19 pande..

Next Story
Infrastructure Urban

Newgen Wins Rs 466 Million US Contract From Financial Major

Newgen Software Technologies has announced a major contract win for its US subsidiary, Newgen Software Inc., securing a two-year agreement worth USD 5.29 million (around Rs 466 million) with a leading financial institution in the United States. According to the company’s regulatory filing, the deal includes annual software licensing fees, cloud hosting services, and other service-related charges. The contract was signed with a non-related international entity, and does not involve any promoter or group company interests. Newgen clarified in its statement that the transaction does not quali..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?