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Signature Global Ltd reported a decline in both quarterly and annual pre-sales, reflecting a slowdown after a strong previous year. Sales bookings dropped to INR 1,540 crore in the last quarter, while annual bookings fell to INR 8,220 crore from a record high. The company continues to focus on the Gurugram residential market but has now entered the commercial real estate segment through a joint venture with RMZ Group. The move signals diversification amid changing market conditions, while the firm maintains focus on execution, capital discipline, and long-term value creation.
Signature Global Ltd reported a 5 per cent decline in its pre-sales for the fourth quarter of the previous financial year, with sales bookings standing at INR 1,540 crore compared to INR 1,620 crore in the same period last year. Advertisement
On an annual basis, the company recorded a sharper drop in performance. Sales bookings fell 20 per cent to INR 8,220 crore during the 2025-26 financial year, down from a record INR 10,290 crore in the preceding year, according to its regulatory filing. The decline comes after a strong performance in the previous fiscal, indicating moderation in demand or sales momentum.
The company primarily develops residential housing projects in Gurugram, which remains one of the key markets within the Delhi-NCR region. Over the years, Gurugram has seen consistent demand in mid-income and affordable housing segments, where Signature Global has a strong presence. However, the recent numbers suggest some cooling in booking volumes compared to the high base of the previous year.
Commenting on the company's strategy, Chairman Pradeep Kumar Aggarwal indicated that the firm has taken a strategic step forward by entering the commercial real estate segment through a joint venture with Bengaluru-based RMZ Group. He added that the company plans to remain focused on execution quality, disciplined capital allocation, and delivering long-term value to stakeholders, while also expanding its footprint in high-growth micro-markets.
This move into commercial real estate marks a shift for Signature Global, which has traditionally been focused on residential development. The partnership with RMZ Group, a well-established commercial developer, is expected to help the company diversify its portfolio and tap into demand for office and mixed-use developments.
So far, Signature Global has delivered around 16.5 million sq ft of real estate, reflecting its execution track record in the residential segment. The company has been actively expanding its presence in Gurugram and nearby areas, benefiting from infrastructure growth and strong housing demand in the region.
Source PTI
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