Signature Global Reports 28% Drop in Pre-Sales, Focuses on Sustainable Growth

Real estate developer Signature Global (India) Limited has reported a 28% drop in pre-sales for Q2 FY26, but remains optimistic about future growth, particularly with the acquisition of land in Sohna.

Real EstatePresalesNet DebtLand AcquisitionSustainable GrowthReal Estate NewsOct 13, 2025

Signature Global Reports 28% Drop in Pre-Sales, Focuses on Sustainable Growth
Real Estate News:Mumbai: Real estate developer Signature Global (India) Limited has reported a 28% drop in pre-sales in the September quarter of the current financial year (Q2 FY26). The company reported pre-sales of Rs 20.1 billion, which is 28% lower than the same period in the previous fiscal and down 24% compared to the previous quarter, according to its stock exchange filing.

The total area sold also declined, falling 44% year-on-year (YoY) and 17% quarter-on-quarter (QoQ) to 1.34 million sq. ft, the company informed in its 'Key Operational Updates for Q2 FY26’. Despite the decline in sales volume, collections improved slightly. The company collected Rs 9.4 billion during the quarter, up 2% from the previous financial year and 1% from the last quarter.

The average sales realisation increased to Rs 15,000 per sq. ft., up from Rs 12,457 per sq. ft. in FY25. Signature Global’s net debt rose marginally to Rs 9.7 billion, mainly due to its acquisition of 33.47 acres of land in Sohna. The newly acquired land has the potential to develop 1.76 million sq. ft., strengthening the company’s future development pipeline.

Pradeep Kumar Aggarwal, Chairman and Whole-Time Director of Signature Global, said the company’s performance in the first half of FY26 shows the continued strength of its brand and focus on sustainable growth. He added that steady demand in the company’s core micro markets helped maintain healthy pre-sales and strong collections.

Aggarwal also highlighted that the modest rise in net debt was due to the Sohna land acquisition, which offers strong growth potential. “We have maintained healthy pre-sales and strong collections, supported by steady demand in our core micro markets,” he said. “Net debt registered a modest rise on account of the land acquisition in Sohna, a promising market with strong growth potential, which further strengthens our development pipeline.”

He said that with a solid launch plan and disciplined financial strategy, Signature Global is confident of maintaining growth in the coming quarters and achieving its annual targets for pre-sales, collections, and net debt.

Signature Global is a leading real estate developer in India, known for its focus on sustainable and strategic growth. The company has a strong presence in key markets and continues to invest in promising areas to ensure long-term success and value for its stakeholders.

Frequently Asked Questions

What is the percentage drop in pre-sales for Signature Global in Q2 FY26?

Signature Global reported a 28% drop in pre-sales in Q2 FY26 compared to the same period in the previous fiscal.

Why did the net debt of Signature Global increase?

The net debt of Signature Global increased marginally due to the acquisition of 33.47 acres of land in Sohna, which has strong growth potential.

What is the average sales realisation per sq. ft. for Signature Global in FY26?

The average sales realisation for Signature Global in FY26 increased to Rs 15,000 per sq. ft., up from Rs 12,457 per sq. ft. in FY25.

What areas does Signature Global focus on for its development pipeline?

Signature Global focuses on key markets and promising areas like Sohna, which has the potential to develop 1.76 million sq. ft.

What are the targets for Signature Global in the coming quarters?

Signature Global aims to maintain growth in the coming quarters and achieve its annual targets for pre-sales, collections, and net debt with a solid launch plan and disciplined financial strategy.

Related News Articles

Prestige Estates Projects Sees 13% Dip in Q1 Profit to Rs 232.6 Cr
Real Estate

Prestige Estates Projects Sees 13% Dip in Q1 Profit to Rs 232.6 Cr

Prestige Estates Projects, a leading real estate company, reported a 13% decline in its net income to Rs 232.6 crore in the quarter ended June 2024, owing to increased expenses.

August 2, 2024
Read Article
Amitabh Bachchan and Son Abhishek Purchase Luxurious Properties in Mulund Worth ₹24.95 Crore
Real Estate Maharashtra

Amitabh Bachchan and Son Abhishek Purchase Luxurious Properties in Mulund Worth ₹24.95 Crore

Father-son duo Abhishek and Amitabh Bachchan have bought properties in Mulund West, Mumbai, worth Rs 24.95 crore. The luxurious property is within a high-end project and boasts modern amenities and sophisticated design.

October 25, 2024
Read Article
Karnataka RERA Finds Krishna E Campus Private Limited Liable for Delayed Possession
Real Estate

Karnataka RERA Finds Krishna E Campus Private Limited Liable for Delayed Possession

The Karnataka Real Estate Regulatory Authority (RERA) bench, comprising GR Reddy (Member), has issued a directive against Krishna E Campus Private Limited (KECPL) for failing to deliver possession of the flats on the promised timeline.

October 31, 2024
Read Article
The Nuclear Family: Housing India's Millennials in Pune
Real Estate Pune

The Nuclear Family: Housing India's Millennials in Pune

Real Estate - The Nuclear Family: Housing India's Millennials. Pune, 25th November 2024: Young, dual-income nuclear families and single professionals are reshaping the real estate market in Pune. Here’s a detailed look at the trends and opportunities.

November 25, 2024
Read Article
Mumbai Police Tightens Security with Preventive Measures Against Potential Threats
Real Estate Mumbai

Mumbai Police Tightens Security with Preventive Measures Against Potential Threats

The Mumbai Police have issued a preventive order to address potential security threats by requiring property owners and real estate dealers to submit tenant details on the citizen portal.

March 29, 2025
Read Article
Gauri Khan Sells Mumbai Flat for ₹11.61 Crore, Reaps 37% Profit in Just 19 Months
real estate news

Gauri Khan Sells Mumbai Flat for ₹11.61 Crore, Reaps 37% Profit in Just 19 Months

Gauri Khan, the renowned Indian interior designer and wife of Bollywood superstar Shah Rukh Khan, has sold her Mumbai flat for a staggering ₹11.61 crore, marking a 37% profit in just 19 months. This impressive sale highlights the robust real estate market in the bustling metropolis.

April 2, 2025
Read Article