Signature Global has acquired two land parcels totaling nearly 10 acres in Sohna, Gurugram, with plans to develop 5.3 lakh sq ft of housing space. This follows a strategic shift from affordable to mid-income and premium housing due to rising land costs. The company recently announced plans to invest INR 1,200-1,500 crore in land acquisition and INR 2,500 crore in construction for FY 2025-26. Signature Global posted a net profit of INR 101.2 crore in the last fiscal, with total income rising to INR 2,637.99 crore. With a strong development pipeline of over 67 million sq ft, it targets INR 12,500 crore in pre-sales this fiscal. Realty firm Signature Global has acquired two land parcels in Gurugram totalling 10 acres to build housing projects. Signature Global's subsidiary firm has executed two sale deeds to purchase the lands admeasuring approximately 9.96 acres situated at Tehsil Sohna, District Gurugram, Haryana. These lands have an overall potential sales area of approximately 0.53 million (5.3 lakh) square feet.

Last month, Signature Global chairman Pradeep Kumar Aggarwal said the company would invest around INR 1,200-1,500 crore to acquire land parcels as part of its expansion plan. Signature Global had invested INR 1,070 crore last fiscal year to purchase 48 acres of land in Gurugram, Haryana. Signature Global emerged as the fifth largest listed real estate developer last fiscal in terms of sales bookings by achieving record pre-sales of INR 10,290 crore. The Gurugram-based company aims for INR 12,500 crore worth pre-sales in the current fiscal. The company will invest INR 2,500 crore in 2025-26 fiscal on construction activities as against INR 1,900 crore in the preceding fiscal. It recently announced plans to raise INR 875 crore through issue of non-convertible debentures to refinance debt and expand business. Signature Global started its business to develop affordable housing projects but shifted its focus on mid-income, premium and luxury segments because of high land cost in Gurugram. During the last fiscal year, the company posted a net profit of INR 101.2 crore, a sharp jump from INR 16.32 crore in the preceding year. Its total income grew to INR 2,637.99 crore in the last fiscal from INR 1,324.55 crore in 2023-24. Since inception, Signature Global has delivered 13.5 million sq ft of housing projects and has a strong pipeline of about 21.6 million sq ft of saleable area in upcoming projects, along with 46.38 million sq ft of ongoing projects, targeted for completion within the next 2-3 years.