Signature Global Plots Rs 13,000 Crore Housing Expansion

Realty firm Signature Global is set to launch multiple housing projects with a combined revenue potential of approximately Rs 13,000 crore by March 2025. The company aims to expand its business and meet rising demand, unveiling one major housing project worth around Rs 3,000 crore in the first quarter of 2024-25. This initial project marks the beginning of a robust launch pipeline planned for the next three quarters.

Signature Global will invest around Rs 2,500 crore in construction activities this financial year, emphasizing the timely delivery of its projects. The company is committed to meeting its ambitious sales booking guidance of Rs 10,000 crore for 2024-25, a significant increase from the Rs 7,270 crore achieved in the previous year.

In a promising start, Signature Global has already achieved Rs 3,120 crore in sales bookings during the April-June quarter. This strong performance underlines the firm’s potential to meet its targets and continue its growth trajectory.

The planned housing projects are expected to attract substantial interest from homebuyers, given the company’s track record and market presence. Signature Global’s strategic investments and timely project launches are set to solidify its position in the real estate market.

As the company moves forward, its focus on quality construction and timely delivery will be crucial in achieving its ambitious revenue and sales goals.

News by Rahul Yelligetti