*Signature Global to Invest ₹4,000 Crore in Gurugram Projects*
Big Investment in Premium Housing
Real estate giant Signature Global is investing ₹4,000 crore to develop two luxury housing projects in Gurugram. These projects will cover 40 lakh sq ft, targeting the ₹2-5 crore price range, where demand is high but supply is low.
Sales & Financial Growth
The company sold properties worth ₹8,670 crore in April-December FY25, a 178% jump from ₹3,120 crore last year. Their pre-sales price also increased to ₹12,565/sq ft from ₹11,762/sq ft in FY24.
Ambitious Targets & Debt Reduction
Signature Global aims for ₹10,000 crore in sales this fiscal and plans to achieve zero net debt in FY26. Their debt is already down to ₹740 crore from ₹1,020 crore last quarter.
Future Expansion
The company has 120 lakh sq ft delivered, 158 lakh sq ft ongoing, and a 350 lakh sq ft pipeline. They are aggressively buying land to fuel growth.