Signature Global on track to achieve Rs 10,000 crore sales target for FY25
Signature Global, which has reported pre-sales of Rs 5,900 crore in H1FY25, is on track to achieve the guidance of Rs 10,000 crore for the full year as residential real estate continues to do well.
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In a conversation with ET’s Faizan Haidar, Pradeep Kumar Aggarwal, Chairman and Whole- Time Director of the company talked about company’s growth post listing and how the developers plans to sustain the momentum. Edited excerpts:
Q: You have completed one year of listing, how has been the journey so far?
A: The first half of this financial year was best ever in the history of Signature Global. Collections are also good so does the revenue recognition. In H2, we are expecting more growth. Some of the launches in mid-income, especially the one in Sohna region has received good response. The township has home, mall and office and will be one of the best integrated township.
The buyer having Rs 2 crore was not able to buy in Gurgaon and we solved this problem through this township. We will sell it in phases and in the next 3-4 months we will completely sell the builder floors in the project.
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