Realty developer Signature Global reports 47.4% increase in sales booking in Q3FY24
Signature Global has reported 47.4% increase in sales booking in Q3FY24 on back of strong demand.
The company’s pre-sales has grown to Rs 1,262 crore in the third quarter and collections for the third quarter grew 45.9% to Rs 769 crore.
For the first nine month of FY24, pre-sales bookings grew 41.4% to Rs 3,124 crore, according to the regulatory filing by the company.
The company has acquired two land parcels in Sector 71 and sector 37D and it plans to launch before March 2024.
Signature Global holds a market share of 19% in Delhi NCR in affordable and mid-housing segment.
Backed by equity investors like HDFC and IFC, Signature Global has delivered over 6 million square feet and has ongoing projects in 17.21 million square feet area along with a robust forthcoming pipeline of 21.29 million square feet of saleable area.
