PTI : Realty agency Signature World is assured of reaching its goal to promote properties price Rs 12,500 crore this fiscal, regardless of a 15 per cent fall in bookings within the June quarter, a prime firm official mentioned.
Signature World emerged because the fifth largest listed actual property agency throughout 2024-25 fiscal by way of gross sales bookings by reaching file pre-sales of Rs 10,290 crore.
The Gurugram-based firm has given a steerage of clocking Rs 12,500 crore price pre-sales or gross sales bookings within the present fiscal.
“We’re assured of reaching the goal of Rs 12,500 crore gross sales bookings within the present fiscal,” Signature World Chairman Pradeep Kumar Aggarwal mentioned.
He mentioned the corporate has a powerful launch pipeline in Gurugram for the remaining interval of this fiscal 12 months.
Aggarwal famous that the housing demand continues to be sturdy particularly for the businesses having observe file of executing initiatives on time.
Throughout April-June quarter, the corporate reported a 15 per cent decline in gross sales bookings to Rs 2,640 crore from Rs 3,120 crore within the year-ago interval.
The corporate offered 778 properties in April-June 2025, as towards 968 items within the year-ago interval. When it comes to volumes, the pre-sales dipped 20 per cent to 16 lakh sq. toes.
Through the June quarter, the common gross sales realization stood at Rs 16,296 per sq ft, as towards Rs 12,457 per sq ft in the complete final fiscal.
Lately, Signature World introduced plans to boost Rs 875 crore by means of concern of non-convertible debentures to refinance debt and broaden enterprise.
Signature World posted a web revenue of Rs 101.2 crore final fiscal, a pointy bounce from Rs 16.32 crore within the previous 12 months. Its complete revenue grew to Rs 2,637.99 crore within the final fiscal, from Rs 1,324.55 crore in 2023-24.
Since inception, Signature World has delivered 13.5 million sq ft of housing initiatives and has a powerful pipeline of about 21.6 million sq ft of saleable space in upcoming initiatives, together with 46.38 million sq ft of ongoing initiatives, focused for completion throughout the subsequent 2-3 years.
Disclaimer:- This story has not been edited by SugerMint employees and supplied by the company. SugerMint is not going to be accountable in any means for the content material of this story.
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