Signature Global CFO Signals First-Ever Expansion Beyond Delhi-NCR with Large-Format Low-Rise Projects

Strategic Milestone: Signature Global Eyes First Foray Beyond Delhi-NCR

Gurugram-based realty major Signature Global is eyeing land parcels outside the Delhi-National Capital Region (NCR) for large-format residential projects, marking the first time the BSE-listed developer is looking to venture outside its core market since inception.

Project Parameters and Market Focus

Chief financial officer Rajat Kathuria said the firm will look at low-rise and large-format developments spread across 100 to 150 acres. Management prefers large-format, low-rise developments in the mid-income segment, rather than small parcels or ultra-luxury projects.

While the firm did not specify the geographies it is planning to foray into, Kathuria said it is considering a few opportunities and that the company will focus on mid-income developments in these new markets.

Supply Dynamics in Home Market

Kathuria noted that Signature has been consistently launching projects in tandem across categories for the last eight to nine quarters due to supply constraints in Gurugram. Gurugram market saw very little supply creation between 2014 and 2022 at an industry level, creating a vacuum. The demand for new homes is significantly high, prompting the company to believe the supply constraint can be met only by consistent supply.

FY27 Launch Target Remains Robust

Keeping its launch target at ₹15,000 crore for FY27, Signature Global already registered launches worth ₹4,400 crore in Q1 FY27.

About Signature Global

Founded in 2014 and headquartered in Gurugram, the company commenced operations in the affordable housing segment and strategically ventured into the mid-income housing market in 2017. In 2024, Signature Global entered the premium housing segment and has since significantly strengthened its position through the successful launch of five premium group housing projects between 2024 and FY26, achieving record sales value.

The company forayed into real estate development in 2013 under the "Signature Global" brand, initially building its franchise in the affordable and lower mid-segment housing space across the NCR, with primary operations anchored in Gurugram and the Sohna corridor.