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Signature Global is looking to expand its presence in the branded luxury housing segment in Gurugram amid sustained demand for premium residences. The company is in discussions with several lifestyle and hospitality brands for potential partnerships following its recent collaboration with Italian lifestyle brand Tonino Lamborghini. The developer is also pursuing land acquisitions across Delhi-NCR to support future residential launches. Despite a moderation in housing demand from the peak levels witnessed between 2022 and 2024, the company remains confident of achieving its FY27 sales bookings target of INR 10,000 crore. Signature Global has also earmarked significant investments towards construction and land acquisition as it seeks to strengthen its project pipeline in the National Capital Region.
Signature Global plans to launch additional branded luxury housing projects in Gurugram and is in advanced discussions with lifestyle and hospitality brands for new partnerships, as the developer seeks to capitalise on growing demand for premium residential developments in the National Capital Region.
Speaking on the sidelines of the Bharat Buildcon event in New Delhi on June 18, Signature Global Chairman Pradeep Aggarwal said the company had witnessed encouraging demand for branded luxury homes offered at competitive price points. He noted that the developer is evaluating multiple collaborations following its partnership with Italian lifestyle brand Tonino Lamborghini for a luxury residential project in Gurugram announced in April.
Aggarwal said discussions are currently underway with both lifestyle and hospitality brands, and the company expects to announce additional partnerships in the near future. According to him, branded residences continue to attract homebuyers seeking differentiated living experiences backed by internationally recognised brands.
Alongside its branded housing strategy, Signature Global is also exploring opportunities to acquire land parcels across Delhi-NCR to support future residential developments. The company is currently engaged in negotiations for multiple land transactions and expects to conclude some of these deals shortly.
On the sales outlook, Aggarwal stated that bookings during the current quarter are expected to remain broadly in line with previous quarters. He expressed confidence that the company would achieve its annual sales bookings guidance of INR 10,000 crore for FY27.
During FY26, Signature Global reported sales bookings of INR 8,250 crore, representing a decline of 20 per cent from the record INR 10,290 crore achieved in the previous financial year. The company sold 2,114 residential units during the fiscal year, compared with 4,130 homes in FY25.
Commenting on market conditions, Aggarwal said housing demand remains stable, although it has moderated from the exceptionally strong levels seen between 2022 and 2024. He added that a relatively lower volume of project launches during the current financial year could help maintain a healthier balance between housing demand and supply.
The company had indicated earlier that it plans to invest approximately INR 3,500 crore during FY27 towards land acquisition and construction activities, primarily in the Gurugram market. Of this, around INR 2,000 crore has been earmarked for ongoing and upcoming construction work, while INR 1,000-1,500 crore is expected to be deployed towards acquiring development land.
Financially, Signature Global reported a significant improvement in performance during FY26. The developer posted a consolidated net profit of INR 1,094.64 crore, compared with INR 101.2 crore in the previous financial year. Total income increased to INR 2,778.85 crore from INR 2,637.99 crore in FY25.
The company, which has emerged as one of the country's prominent residential developers, has delivered approximately 17.9 million sq. ft. of real estate projects since its inception and continues to focus on expanding its presence in the mid-income and premium housing segments across the Delhi-NCR market.
Source - PTI
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