April 13, 2025 |
Signature Global Reports 42% Year-On-Year Growth in Pre-Sales in Fy25
Realty developer Signature Global has reported it’s highest-ever annual pre-sales of Rs 10,290 crore in FY25, registering a robust 42% year-on-year growth, and surpassing its pre-sales guidance.
The company also achieved record annual collections of Rs 4,380 crore, marking a 41% YoY increase, driven by strong customer confidence, timely execution, and successful new launches in Gurugram and adjoining markets.
Company’s pre-sale came from the launch of five new projects including ‘Daxin Vistas,’ a mid-income housing project in Sohna; ‘Titanium SPR’ and ‘Twin Tower DXP,’ premium group housing projects in Gurugram; and ‘City of Colors,’ a plotted development project, having a combined gross development value (GDV) of approximately Rs 13,810 crore.
The company’s average sales realization also improved to Rs 12,457 per sq. ft. in FY25 from Rs 11,762 in FY24.
Despite significant investments in land acquisitions—totalling 47.71acres with a development potential of 7.97 million sq. ft.—Signature Global reduced its net debt to Rs 880 crore by the end of FY25, down from Rs 1,160 crore in FY24.
Some of the launches initially planned for March 2025 have been realigned to the current quarter due to minor delays in approvals. Consequently, a portion of the related pre-sales and collections is now expected to reflect in this quarter.
“Our ability to anticipate market trends, launch timely projects in high-potential micro-markets, and consistently deliver value across the premium and mid-income segments has been central to this growth. As India’s real estate sector continues to gain momentum and contribute to the nation’s development, we remain grounded in our purpose—to create quality homes, foster sustainable communities, and build for the future with integrity and responsibility,” said Pradeep Kumar Aggarwal, Chairman and Whole- Time Director.
Source : ET
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