Signature Global Plans ₹15,000 Crore Launches in FY27 Amid Market Recovery
Signature Global eyes launches worth ₹15,000 cr in FY27: Pradeep Aggarwal
Business StandardImage: Business Standard
Signature Global, a Gurugram-based real estate developer, aims to launch projects worth ₹15,000 crore in the financial year 2026-27. The company targets a 21% increase in sales bookings to ₹10,000 crore, despite a 20% decline in the previous year due to market softness.
- 01Signature Global plans launches worth ₹15,000 crore in FY27.
- 02Sales bookings are targeted to grow by 21% to ₹10,000 crore.
- 03The firm expects to generate ₹6,000 crore from new projects.
- 04Signature Global aims for a 25% increase in collections, reaching over ₹5,000 crore.
- 05The company experienced a 20% decline in sales bookings in FY26.
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Signature Global, a prominent real estate developer based in Gurugram, aims to launch projects valued at ₹15,000 crore (approximately $1.8 billion USD) in the financial year 2026-27. Chairman and Managing Director Pradeep Aggarwal announced plans to achieve a 21% increase in sales bookings, targeting ₹10,000 crore (roughly $1.2 billion USD) this fiscal year. The company anticipates that ₹6,000 crore of this will come from new projects, including a collaboration with Tonino Lamborghini, valued at ₹4,000 crore to ₹4,500 crore. Additionally, two large projects, each around 2 million square feet, are expected to contribute a combined gross development value of ₹8,000 crore to ₹9,000 crore. Despite a 20% decline in sales bookings in FY26, attributed to market softness, Aggarwal noted an improved market sentiment compared to the previous year. Signature Global's shares closed at ₹867.25 on the BSE, reflecting a 3.02% decline in intraday trading.
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The planned launches by Signature Global could stimulate the local real estate market, potentially leading to job creation and increased economic activity in Gurugram.
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