Signature Global Reports 3.4x Surge in Q4 Sales Bookings to Rs 4,140 Crore Driven by Luxury Housing Demand
Signature Global, a prominent realty firm known for its luxury projects in Gurugram, witnessed a remarkable surge in sales bookings, reaching Rs 4,140 crore in the fourth quarter of the last fiscal year. The robust demand for luxury homes fueled this exponential growth, reflecting the company's strategic positioning and execution capabilities in the competitive real estate market.
During the January-March quarter of 2023-24, Signature Global's sales bookings soared to Rs 4,140 crore, marking a significant increase from Rs 1,220 crore in the year-ago period. This growth is further underscored by the sale of 1,484 units during the quarter, along with a substantial increase in the sold square footage area, indicating strong market demand and customer trust in the company's offerings.
In addition to the exceptional quarterly performance, Signature Global reported record sales bookings for the full financial year 2023-24, surpassing Rs 7,270 crore compared to the previous year. This achievement reinforces the company's commitment to delivering excellence and meeting customer expectations in the luxury housing segment. With a robust pipeline of projects and a focus on expanding its footprint, Signature Global is poised for continued growth and success in the real estate sector.
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