Signature Global (India) Limited, a prominent real estate developer in India, announced its best-ever operational performance for the nine months ending December 31, 2024.
The company reported pre-sales of ₹8,670 crore during 9M FY25, reflecting a remarkable 178% year-on-year growth. With this achievement, Signature Global has already fulfilled 87% of its FY25 sales guidance of ₹10,000 crore. A major contribution came from the launch of key projects, including the mid-income housing project ‘Daxin Vistas’ in Sohna, premium group housing projects like ‘Titanium SPR’ and ‘Twin Tower DXP’ in Gurugram, and the strategically located ‘City of Colors’ on NH-48.
Key highlights of 9M FY25 performance:
- Pre-sales: ₹8,670 crore, up 178% YoY
- Collections: ₹3,210 crore, a 54% YoY increase, with Q3 FY25 collections hitting ₹1,080 crore
- Net debt: Reduced significantly to ₹720 crore, down from ₹1,160 crore at the end of FY24
Commenting on the achievement, Mr. Pradeep Kumar Aggarwal, Chairman and Whole-Time Director of Signature Global, said, “This record-breaking performance underscores our commitment to delivering value-driven housing solutions. The trust of our customers and the dedication of our team have been pivotal in achieving these milestones. We remain focused on aligning with market trends to continue creating value for our stakeholders.”
Signature Global, known for its expertise in affordable and premium housing, has also demonstrated strong operational efficiency. The company delivered 12 million sq. ft. of housing area and has an impressive pipeline of 34.9 million sq. ft. in upcoming projects, alongside 15.8 million sq. ft. of ongoing developments.
With prominent investors like Nomura, HDFC, IFC, and Kotak, Signature Global continues to set benchmarks in the real estate sector. The company is on track to achieve its FY25 sales target of ₹10,000 crore and aims to further expand its presence in the premium and mid-income housing segments.
