Signature Global, a leading real estate firm based in Gurugram, Haryana, India, has acquired two land parcels measuring nearly 10 acres in Sohna, Gurugram. The company plans to develop mid-income and premium housing projects on the newly acquired land, with an estimated saleable area of 0.53 million sq ft. This move aligns with its broader expansion strategy, with investments projected between ₹1,200-1,500 crore for land acquisition in FY26.
On July 6, real estate firm Signature Global announced the acquisition of two land parcels in Sohna, Gurugram, Haryana, totaling approximately 10 acres, to develop new housing projects. The move comes as part of the company’s aggressive expansion strategy for FY26.
The acquisition, carried out through a subsidiary, involves land measuring around 9.96 acres with a saleable area potential of 0.53 million sq ft, according to a recent regulatory filing.
Signature Global, based in Gurugram, has grown into one of India’s leading real estate developers, particularly in the affordable and mid-income segments. The company was the fifth-largest listed real estate firm last fiscal year in terms of sales bookings, recording ₹10,290 crore in pre-sales. It now aims to achieve ₹12,500 crore in pre-sales in the current fiscal.
Speaking previously, company chairman Pradeep Kumar Aggarwal stated that ₹1,200-1,500 crore would be invested in land acquisitions this fiscal year. In FY25, Signature Global had already invested ₹1,070 crore to buy 48 acres of land in Gurugram.
“Land is an important raw material for real estate developers. We will be investing around ₹1,200-1,500 crore on land parcels this fiscal,” Aggarwal said.
In addition to land expansion, the company is ramping up construction activities, with a projected investment of ₹2,500 crore in FY26, compared to ₹1,900 crore in FY25.
Signature Global is also pursuing debt refinancing and business expansion through non-convertible debentures (NCDs) worth ₹875 crore, recently announced by the company.
Having shifted from affordable housing to mid-income and premium segments due to increasing land costs in Gurugram, Signature Global reported a net profit of ₹101.2 crore in FY25, significantly up from ₹16.32 crore in the previous year. Its total income also more than doubled to ₹2,637.99 crore from ₹1,324.55 crore.
To date, the company has delivered 13.5 million sq ft of residential space, with 46.38 million sq ft under construction and 21.6 million sq ft in the pipeline, all aimed at being completed within the next 2-3 years.
With the latest acquisition, Signature Global continues to strengthen its position in the competitive Gurugram housing market, capitalizing on growing urban demand and robust financial performance.