Signature Global lines up Rs 14,000 crore launches in FY26, open to opportunities in Noida

Chairman Pradeep Aggarwal said the company is open to venture into Noida and Greater Noida markets and it is actively seeking appropriate opportunities there

Signature Global is gearing up for one of its biggest launch cycles so far, with chairman Pradeep Aggarwal saying that the developer will roll out nearly 8 million square feet of new residential projects in Gurugram by the end of the current financial year, with a combined gross development value (GDV) estimated between Rs 13,000 crore and Rs 14,000 crore.

Aggarwal said the company will launch 3.5–4 million square feet (msf) in Sector 37D in the current quarter, with a GDV of Rs 6,000–Rs 7,000 crore. This will be followed by another project in Sector 71 slated for launch in Q4 FY26, taking the overall planned development volume for the year to 8 msf.

“We had promised to launch projects worth Rs 17,000 crore, out of which projects worth around Rs 4,000 crore have already been launched and Rs 14,000 crore projects will be launched by the end of FY26,” Aggarwal, who is also whole-time director of Signature Global, told Moneycontrol.

Aggarwal said that the company is open to venture into Noida and Greater Noida markets and it is actively seeking appropriate opportunities there.

Signature Global had posted sales bookings of Rs 10,290 crore last fiscal, making it the fifth-largest listed real estate developer by sales.

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Land position and future launch pipeline

Aggarwal said all land parcels currently held by the company are fully paid up, strengthening cash flow visibility and reducing project risk.

Also Read: Signature Global raises Rs 875 crore via NCDs to repay debt and fund mid-income housing projects

“Signature Global has the potential to launch around 25 million square feet of projects in the coming years and has a strong launch pipeline of at least 2.5 years. We keep on buying land and we will buy more land in H2 FY26,” he said, adding that the company is regularly purchasing land parcels in Gurugram while also actively evaluating opportunities in Noida and Greater Noida.

Focus on premium and mid-income housing

Most of the upcoming launches will be positioned in the premium and mid-housing categories, with ticket sizes ranging between Rs 2 crore and Rs 4 crore, reflecting rising end-user demand and price appreciation across Gurugram’s residential micro-markets.

Aggarwal also said the company intends to pass on GST benefits to homebuyers in the upcoming launches, a move that could support absorption amid elevated pricing levels.

Aggarwal said that the company has already recorded Rs 4,600 crore in pre-sales, and it expects to surpass Rs 8,000 crore in pre-sales this fiscal, driven by sustained demand in the premium and mid-income housing segments.

In Q1 FY26, Signature Global launched its premium residential project ‘Cloverdale’, which contributed to the improved sales trajectory.

In September 2023, Signature Global had launched its maiden public offer to raise Rs 730 crore. The company has posted a consolidated net loss of Rs 46.86 crore in Q2FY26.

The firm reported total income of Rs 1,270.86 crore in H1 FY26, registering an increase over Rs 1,205.40 crore in H1 FY25.