Signature Global, the Gurugram-based real estate developer, is on track to meet its ambitious sales target of ₹10,000 crore for the current financial year. The company recorded impressive pre-sales of ₹3,120 crore and collections amounting to ₹1,210 crore in the first quarter.
CEO Rajat Kathuria highlighted that the company’s sales are evenly distributed between the premium and mid-income segments, with pricing ranging from ₹11,500 to ₹16,000 per square foot. The average realization is expected to be around ₹13,000-13,500 per square foot.
A notable achievement this year is the launch of a major mid-income project in the Sohna market, covering nearly 130 acres. Signature Global sold 968 units, totaling 2.03 million square feet in the quarter.
Kathuria emphasized that the market remains end-user driven, with the company taking measures to prevent speculative buying by restricting allocations. Signature Global’s overall debt stands at ₹980 crore, and its market capitalization has surged to ₹20,288.34 crore, with shares rising 215% over the past year.
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