Surging Ahead: Signature Global's Q1 Sales Bookings Soar to Rs 3120 Crore
Real estate major Signature Global has reported a remarkable 3.5 times jump in sales bookings to Rs 3120 crore in the April-June quarter, driven by strong demand for its housing projects.
Signature GlobalReal EstateHousing DemandPradeep Kumar AggarwalAffordable HousingReal EstateJul 07, 2024
The company's sales bookings stood at Rs 820 crore in the corresponding period of the previous year. In terms of volume, its sales bookings more than doubled to 2.03 million square feet from 0.91 million square feet a year earlier. Signature Global sold 968 units in the first quarter of this fiscal against 894 units in the corresponding period of the previous year.
Pradeep Kumar Aggarwal, Chairman of Signature Global, attributed the company's success to its focus on delivering quality projects that meet the evolving needs of homebuyers. \
Frequently Asked Questions
What is Signature Global's sales bookings target for the current fiscal?
Rs 10,000 crore
How much did Signature Global's sales bookings increase in the April-June quarter?
3.5 times
What is the total value of properties sold by Signature Global in 2023-24?
Rs 7,270 crore
How many units did Signature Global sell in the first quarter of this fiscal?
968 units
What is the total area of housing projects that Signature Global has delivered so far?
10.4 million square feet
Related News Articles
Sunteck Realty Q4 Results: Profit Soars to ₹101 Crore
Sunteck Realty reports net profit of ₹101.3 crore in Q4
Arka Launches Rs. 500 Cr Real Estate Fund with Rohan Builders as Operating Partner
Arka launches second real estate fund, partners with Rohan Builders, to invest in residential projects
India's Real Estate Market Blossoms: Average Home Price Rises 23% to ₹1.23 Crore in H1 FY25
In the post-pandemic era, India's real estate market has regained its momentum, with the average home price surging 23% to ₹1.23 crore in the first half of fiscal year 2025. Here’s why this significant increase is happening and what it means for buyers an
Which Crypto Presales Are Still Worth Considering? Rexas Finance (RXS), BlockDAG (BDAG), and Remittix (RTX)
Presales and ICOs offer unique opportunities for traders to acquire high-potential tokens at low prices. In 2024, several projects launched via presale, but only a few have gained significant attention. Here’s a look at Rexas Finance (RXS), BlockDAG (BDAG
Anand Mahindra Reflects on 2023: BE 6 and XEV 9e Launches Mark the Year
Anand Mahindra, the Chairman of Mahindra Group, reflects on the standout moments of 2023, particularly the launches of the BE 6 and XEV 9e. These innovative vehicles signify major strides in the company's commitment to sustainability and technological adv
Gujarat CM Launches GUJCON: A Boost for Affordable Housing
The Chief Minister of Gujarat launched the GUJCON property show, emphasizing the need to redefine affordable housing. The event, organized by CREDAI, aims to provide a platform for developers and buyers to connect and explore new opportunities in the real