Real Estate Sales Drop: Signature Global Reports 20% Year-on-Year Decrease

Real Estate Sales Drop: Signature Global Reports 20% Year-on-Year Decrease.webp

New Delhi, April 8 Realty firm Signature Global Ltd reported a 5 per cent decline in pre-sales to Rs 1,540 crore in the fourth quarter of the previous fiscal year.

Its sales bookings stood at Rs 1,620 crore in the year-ago period.

During the 2025-26 fiscal year, sales bookings fell 20 per cent to Rs 8,220 crore from a record Rs 10,290 crore in the preceding year, Signature Global said in a regulatory filing.

The company develops housing projects in the Gurugram market of Delhi-NCR.

Pradeep Kumar Aggarwal, Chairman of Signature Global Ltd, said the company has taken a strategic step forward with its recent foray into commercial real estate through a joint venture with Bengaluru-based RMZ Group.

"Moving forward, we remain focused on execution excellence, prudent capital allocation, and delivering long-term value for all stakeholders, while expanding our presence across high-growth micro-markets," Aggarwal said.

Signature Global, which is one of the leading real estate developers in the country, has successfully delivered 16.5 million sq ft of real estate.
 
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commercial real estate delhi-ncr fiscal year 2025-26 gurugram market housing projects joint venture pradeep kumar aggarwal pre-sales property development property market real estate real estate developers rmz group sales bookings signature global ltd
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