Signature Global Aims for ₹10,000 Crore Pre-Sales Target in FY25
Gurugram-based real estate developer Signature Global India is targeting ₹10,000 crore in pre-sales for the fiscal year 2024-25, driven by its 17 million square feet of developable area.
Real EstateSignature GlobalPre SalesFy25GurugramReal Estate NewsJul 01, 2024
With a developable area of 17 million square feet, Signature Global has already launched 2.1 million square feet, with plans to launch an additional 3.5 million square feet in Sector 71 this year. The company has a strong track record of sales, with a compound annual growth rate (CAGR) of over 60% over the past 4-5 years.
The recent launch of the Titanium SPR project in Gurugram has contributed significantly to this goal, with 85% of the total units sold, generating ₹2,700 crore in pre-sales. The project has an average realization of ₹16,000 per square foot, and buyers typically make a token payment of around ₹10 lakh, followed by installments linked to construction milestones.
The company has also acquired 3.8 acres of land at Gurugram, Dwarka Expressway, with a developable area of six lakh square feet. Signature Global's market capitalization is around ₹19,946.20 crore, with its shares gaining close to 210% in the past year.
Frequently Asked Questions
What is Signature Global's pre-sales target for FY25?
₹10,000 crore
How much developable area does Signature Global have?
17 million square feet
What is the average realization of the Titanium SPR project?
₹16,000 per square foot
What is Signature Global's market capitalization?
around ₹19,946.20 crore
How much have Signature Global's shares gained in the past year?
close to 210%
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