SignatureGlobal India reports pre-sales of Rs 31.2 billion in Q1 FY25
Real Estate

SignatureGlobal India reports pre-sales of Rs 31.2 billion in Q1 FY25

SignatureGlobal (India) has reported pre-sales of Rs 31.2 billion in Q1 FY25, reflecting a year-on-year growth of 255%. This achievement represents more than 30% of the FY25 pre-sales target of Rs 100 billion.

In Q1 FY25, the company?s collections grew by 102% to Rs 12.1 billion. Additionally, net debt decreased by 16%, dropping to Rs 9.8 billion at the end of Q1 FY25 from Rs 11.6 billion at the end of FY24.

Pradeep Kumar Aggarwal, Chairman and Wholetime Director commented, "This fiscal year, we have set an ambitious target of achieving Rs 100 billion in pre-sales. In the first quarter alone, we have already surpassed 30% of this target."

The average sales realisation increased to Rs 15,369 per square foot in Q1 FY25 compared to Rs 11,762 per square foot in FY24. However, this figure is expected to normalise to a lower level with the planned launches in the mid-income housing segment during the year.

(Source: ETRealty)

SignatureGlobal (India) has reported pre-sales of Rs 31.2 billion in Q1 FY25, reflecting a year-on-year growth of 255%. This achievement represents more than 30% of the FY25 pre-sales target of Rs 100 billion. In Q1 FY25, the company?s collections grew by 102% to Rs 12.1 billion. Additionally, net debt decreased by 16%, dropping to Rs 9.8 billion at the end of Q1 FY25 from Rs 11.6 billion at the end of FY24. Pradeep Kumar Aggarwal, Chairman and Wholetime Director commented, This fiscal year, we have set an ambitious target of achieving Rs 100 billion in pre-sales. In the first quarter alone, we have already surpassed 30% of this target. The average sales realisation increased to Rs 15,369 per square foot in Q1 FY25 compared to Rs 11,762 per square foot in FY24. However, this figure is expected to normalise to a lower level with the planned launches in the mid-income housing segment during the year. (Source: ETRealty)

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?