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)

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

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
Infrastructure Urban

DRDO Transfers Key Defence Materials Tech to Industry

The Defence Metallurgical Research Laboratory (DMRL) of DRDO in Hyderabad has transferred three advanced indigenous materials technologies to leading Indian industry partners, marking a major step towards self-reliance in strategic defence manufacturing. The Licensing Agreement for Transfer of Technology (LAToT) documents were handed over by Dr Samir V Kamat, Secretary of Defence R&D and Chairman of DRDO, at a ceremony held at DMRL on 30 August 2025.The transferred technologies include:High-Strength Radomes: Transferred to BHEL, Jagdishpur, this technology enables the manufacture of high-p..

Next Story
Infrastructure Energy

Coal Ministry Honours Top Mines for Safety and Sustainability

The Ministry of Coal hosted the Star Rating Award Ceremony in Mumbai to recognise outstanding coal and lignite mines for their achievements in safety, environmental responsibility, scientific operations, and community welfare. Union Minister of Coal and Mines Shri G. Kishan Reddy, accompanied by Minister of State Shri Satish Chandra Dubey and Secretary Shri Vikram Dev Dutt, presented the accolades.The awards celebrate mines that have demonstrated excellence across key parameters such as safety, productivity, scientific mining, environmental stewardship, and socio-economic impact. The Minister ..

Next Story
Infrastructure Urban

Modi Highlights Decade of Bold Economic Reforms

Prime Minister Shri Narendra Modi reaffirmed the government’s steadfast commitment to economic reforms over the past decade, highlighting transformative measures that have redefined India’s fiscal structure and enhanced its global economic position.Citing major initiatives such as corporate tax cuts to encourage investment, the implementation of the Goods and Services Tax (GST) to unify the national market, and reforms in personal income tax to improve Ease of Living, Modi emphasised that the reform agenda has consistently been citizen-focused and pro-growth.He welcomed the ongoing #NextGe..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?