Signature Global Sets ₹10,000 Crore Sales Target for FY27, Plans ₹3,500 Crore Investment in Land and Construction
Signature Global Eyes ₹10,000 Crore Sales for FY27 Amid Expansion Push
Signature Global is targeting 21 per cent growth in sales bookings during FY2026-27 to ₹10,000 crore, according to an announcement by Founder and Chairman Pradeep Aggarwal. The growth projection represents a recovery from FY26 softness and reflects confidence in renewed market momentum across the Delhi-NCR region.
The ambitious pre-sales target is buttressed by significant capital deployment. The company plans to invest around ₹2,000 crore on construction activities during FY27, along with nearly ₹1,000–1,500 crore on acquiring new land parcels—totalling ₹3,500 crore of capital outlay focused on expanding its Gurugram footprint and pipeline capacity.
Revenue Recognition and Cash Collections
Beyond pre-sales, the developer expects collections to grow by 25 per cent this year, moving from ₹4,000 crore to over ₹5,000 crore in FY27. This doubling of revenue recognition reflects the company's shift toward premium and higher-priced unit mix, combined with timely execution on ongoing projects.
Signature Global's average sales realization per square foot rose to ₹15,250 in FY26, up from ₹12,457 in the previous year, signalling both price appreciation and a strategic move away from the lower-priced affordable segment toward mid-income and premium categories.
New Project Pipeline and Mixed-Use Expansion
The developer plans eye launches worth ₹15,000 crore in financial year 2026-27, with two more branded residence projects in the pipeline. This includes sales from the already branded residence project in collaboration with Tonino Lamborghini, valued at ₹4,000 crore to ₹4,500 crore, along with two other large projects in the same sector, each around 2 million square feet.
Beyond residential, Signature Global entered the commercial real estate space in FY26 through a 50:50 joint venture with RMZ Group, involving a ₹1,283 crore investment to develop a mixed-use project in Gurugram featuring office space, hotels, and retail areas.
Market Recovery and Strategic Shift
The developer saw a 20 per cent fall in sales bookings in FY26 at ₹8,500 crore, down from a record ₹10,290 crore in the preceding year, which was attributed to market softness, though Aggarwal said that the undertone in the market is much better now compared to the softness seen in the second half of last fiscal year.
Signature Global is shifting its business model from affordable housing to premium and mid-income projects in Gurugram, with this move driven by rising land and construction costs that squeeze profit margins in the affordable segment.
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 successfully transitioned to the premium housing segment, marked by the successful launch of two group housing projects with record sales value.
Signature Global holds a market share of 13% in the Delhi NCR region and 27% in the micro markets of Gurugram. Till Q1 FY24-25, Signature Global has delivered over 11 million square feet of projects and currently has ongoing projects covering 16.4 million square feet, along with a robust pipeline of 29.6 million square feet of saleable area.
Listed on both the Bombay Stock Exchange and the National Stock Exchange of India, the company maintains ISO certifications across quality management, environmental management, and occupational health standards.