Signature Global Discloses Plans for 'Project Dakshin' — A New Residential Launch in Sohna — During Q4 FY26 Earnings Call
Strategic Growth in South Gurugram
During its Q4 FY26 Investors/Analysts Conference Call held on May 14, 2026, Signature Global (India) Limited disclosed plans for a smaller residential launch in Sohna under the name Project Dakshin. The announcement came during the company's discussion of audited financial results for the fiscal year ended March 31, 2026.
Project Dakshin represents a distinct addition to Signature Global's Sohna pipeline and marks a shift towards strategic, smaller-footprint developments in one of the National Capital Region's fastest-expanding real estate markets.
Company Performance and Strategic Context
Signature Global reported an all-time high profit for FY26, with revenue from operations also showing significant growth. The company achieved a 30% year-on-year growth in sales from FY22 to FY26, indicating a strong upward trend in sales performance.
The company recorded INR 82.5 billion in pre-sales for the year, with average sales realization increasing significantly to INR 15,250 per sq. ft. in FY26. The company successfully launched two large high-rise projects, Cloverdale and Signature Global Sarwar, contributing to a substantial portion of their total launches.
Sohna as Emerging Anchor for Premium Residential
Sohna and South Gurugram have emerged among the fastest-growing micro markets in NCR, with improved connectivity and infrastructure expansion continuing to attract strong demand from end-user buyers, with the market strengthened by the presence of leading developers, including DLF, Signature Global, Eldeco, M3M, Ganga Realty, and Trehan Group.
A recent study ranks Gurugram as NCR's top real estate market, with Sohna projected to witness the highest 1.6x price growth by 2030, driven by major infrastructure and policy-led development. Projects such as the Delhi-Mumbai Expressway, the Sohna Elevated Road, and improved road networks connecting Sohna to Gurugram have significantly enhanced accessibility to major business hubs, including Cyber City, Golf Course Road, and other commercial centres.
Infrastructure and Connectivity Benefits
Sohna benefits from NH-248A Elevated Road, Delhi-Mumbai Expressway (direct Jewar Airport link), and KMP Expressway for seamless Gurugram-Delhi access. This growth is largely due to improved connectivity and robust infrastructure, including the six-lane, 21.65-km-long Sohna Elevated Corridor, the Delhi-Mumbai Industrial Corridor, the KMP Expressway, and a proposed metro line.
Signature Global's Sohna Footprint
Signature Global maintains a substantial presence in Sohna with multiple established projects. Signature Global's DAXIN and Signature Global Park projects are setting new benchmarks for top-notch amenities, modern offerings, and premium living experiences. The introduction of Project Dakshin reflects the company's continued confidence in the micro-market and its ability to absorb quality mid-size developments.
Sohna is rapidly transforming into one of Gurgaon's most promising real estate destinations, offering a mix of premium and affordable housing by reputed developers like Ganga Realty, Central Park, and GLS.
Market Positioning
Sohna's residential property costs average between INR 7,000-8,500 PSF, making it attractive for those in the middle-income slab. Sohna offers affordable to upper-mid segment housing and is attracting buyers with its value proposition and long-term returns, with residential prices in Sohna significantly more affordable than in other Gurugram micro-markets.
Project Dakshin's announcement signals Signature Global's strategic intent to capture this growing demand by offering a product distinct from its existing large-format township developments.