Signature Global Boosts Land Acquisitions with Rs 1,200-1,500 Crore Investment in FY27

New Delhi: Signature Global, a listed realty developer, has earmarked Rs 1,200-1,500 crore for land acquisitions in the current fiscal year. This is double the amount spent in FY26, as the slowdown in the real estate market has made land prices more attractive. The company aims to acquire large land parcels for integrated township projects and is also exploring opportunities in Delhi.

The company spent around Rs 600-700 crore on land purchases in FY26, which was below its target of Rs 1,000 crore due to high land prices following a sharp rise in housing sales. However, the market has since slowed down, making landowners more reasonable in their pricing.

“Last year, landowners were asking for exorbitant prices as Gurgaon had seen decent appreciation in property prices the year before. But the market has slowed down since then, and the same landowners are becoming more reasonable now, which will help us with a few acquisitions this year,” explained Pradeep Kumar Aggarwal, chairman of Signature Global.

Signature Global has significantly reduced its net debt to less than a fourth at Rs 200 crore in FY26 from Rs 880 crore in FY25. Profit after tax rose to Rs 1,090 crore in FY26 from Rs 101 crore the year before, and revenue increased to Rs 2,600 crore from Rs 2,500 crore.

The company’s focus remains on acquiring large land parcels for integrated township projects similar to those in Sohna and Manesar. With the TOD (transit-oriented development) policy in place, Signature Global plans to venture into the national capital.

As of March 31, the company held Rs 2,770 crore in cash and cash equivalents, providing liquidity to support its future growth plans. Collections totalled Rs 4,010 crore last fiscal year. Pre-sales during FY26 were Rs 8,250 crore, with average sales realisation improving to Rs 15,250 per sq ft from Rs 12,457 in FY25, driven by higher sales in premium markets and price increases across key regions.

“We have reported decent growth and the balance sheet is strong now. The RMZ deal has helped us maintain cash flow,” Aggarwal noted.

Looking ahead, Signature Global expects pre-sales of Rs 10,000 crore in FY27. The company plans to launch projects worth Rs 15,000 crore in FY27 and aims to sell 40% of them, achieving Rs 6,000 crore in pre-sales. The remaining Rs 4,000 crore is expected to come from already launched inventory.

Recently, Signature Global signed a pact with Italian lifestyle brand Tonino Lamborghini to develop a premium residential project in Sector 71, Gurugram. This marks Tonino Lamborghini’s entry into India’s residential real estate market. Spread across 12.40 acres, the development will feature 812 premium residences in 3, 4, and 4.5 BHK configurations.

The developer is expected to undertake more branded residential projects. “We have changed our strategy and will focus more on branded residences. Talks are already at an advanced stage,” Aggarwal concluded.