Category Archives: Business

Listed Developers Strengthen their Hold on India’s Residential Real Estate

A significant chunk of home buyers seems to be reposing their faith on developers who have constantly demonstrated their ability to complete projects on time without compromising on quality standards, particularly on listed entities.

A peep into the annual performance of some of the reputed listed Indian real estate companies well and truly establishes this phenomenon. For the fiscal year 2024-2025, Godrej Properties has reported a robust 31% year-on-year surge in sales at ₹29,444 crore. Another Mumbai headquartered real estate firm Macrotech Developer is not far behind. For the year ended March 31, 2025, Macrotech reported strong sales bookings of ₹17,630 crore, reflecting a healthy 21% annual growth.

The trend is just not limited to Mumbai-based developers but is rather widespread. Delhi-headquartered DLF Limited too has reported a healthy sales number in the first three quarters of FY25. It surpassed its initial sales guidance of ₹17,000 crore within the first nine months, highlighting sustained buyer confidence in their offerings.

Similarly, Signature Global (India) Ltd. achieved pre-sales of ₹10,290 crore, marking a substantial 42% increase from the preceding fiscal year.

Commenting upon the performance reported by his company, Mr. Ravi Aggarwal, Co-founder & Managing Director, Signature Global (India) Ltd., said, “The year 2024-25 was a phenomenal one for us. We easily achieved the guidance by clocking a pre-sales to the tune of Rs 10,290 crore. We received phenomenal response for all our offerings from various stakeholders and with interest rates inching downwards, we are confident about the continuation of the sales momentum.”

“In FY26, we plan to launch projects worth Rs 17,000 crore and are targeting pre-sales of Rs 12,500 crore. While most new launches in the region are priced at Rs 8-10 crore, Signature Global remains committed to providing homes to the maximum number of people, and as such, we will continue to focus on launching homes at prime locations in Gurugram in the price range of Rs 2-5 crore,” said Ravi Aggarwal

Mr. Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation, said, “The surge in demand for premium properties, especially from HNIs and NRIs, is a clear testament to the strong shift in market sentiment towards quality living experiences. Developers who recognise this trend are consistently aligning their offerings with the aspirations of discerning buyers who seek world-class design, timely delivery, and a lifestyle that is truly unmatched.”

With most of the reputed listed entities having reported decent numbers, it reflects increasing preference of homebuyers for trusted brands that assure quality construction, timely delivery, and adherence to regulatory norms.

An ICRA research report too suggests the same. As larger and more reputable companies gain a larger market share, their performance is expected to outpace the overall industry growth, the report has mentioned.

While domestic demand continues to remain robust, Non-Resident Indians (NRIs) are also emerging as a significant buyer segment—attracted not only by the investment potential of Indian real estate but also by a deep emotional connection to their roots.

As part of their long-term wealth preservation strategies, NRIs are actively acquiring premium and high-value properties in major Indian metropolitan areas and even in holiday destinations. NRIs are increasingly turning to India’s luxury real estate sector as a safer and more rewarding investment avenue, a recent GRI Club report has stated.

“Share of NRI investment in newly launched projects in major metros continues to rise substantially and with India remaining an attractive destination, the NRIs are expected to continue their trust on the vibrant Indian real estate,” says Aggarwal.

Cities like Mumbai along with Gurugram, Hyderabad, and Bangalore are expected to attract the majority of NRI investments. While Gurugram, in particular, has emerged as a prime destination for premium and luxury real estate, some micro-market such Southern Peripheral Road, Dwarka Expressway, and Sohna are expected to outperform other areas due to their superior connectivity and rapid urban infrastructure development.

Reach 3Roads Adds Homegrown Fashion Brand SAKU to Its Expanding Retail Portfolio

Reach 3Roads, Gurugram, announced the addition of SAKU, a homegrown fashion brand, to its curated collection of high-end retailers. This expansion marks the opening of SAKU’s second retail store in Gurugram, a significant step towards its nationwide expansion.

Reach 3Roads hosts a variety of stores and brands, offering a diverse high-street shopping experience with categories spanning fashion, lifestyle, dining, and daily essentials. Adding to this vibrant mix, SAKU’s new retail store features a curated collection from its in-house brands: Stoik for men, Pinkfur for women, and Picaasu for children. The store is thoughtfully designed to reflect the brand’s philosophy of “Nothing but Fine Living”. As part of its launch, the store also debuts The Neela Collection, a seasonal womenswear capsule that offers a poetic take on the color blue through clean silhouettes and subtle detailing.

Beyond apparel, the store offers personalized styling services, a relaxing lounge area, and dedicated play zones for children—ensuring a holistic shopping experience for the entire family.

Ms Nandini Taneja, Regional Director – Leasing, Reach Group, said: “We are delighted to welcome SAKU to Reach 3Roads. Their design philosophy and family-centric retail experience align perfectly with our vision of making Reach 3Roads a destination where top brands meet community comfort. We are confident that SAKU will find a strong and loyal customer base here.”

Ms Anjali Mehra, Founder – SAKU, added: “This store at Reach 3Roads represents our commitment to creating elevated yet accessible fashion experiences. The open-air setting, brand mix, and community vibe make it the perfect location for us to grow our presence in Gurugram. We’re excited to welcome new customers and be part of this thriving retail destination.”

Located in Sector 70, Reach 3Roads offers a seamless blend of retail, wellness, dining, and entertainment experiences. The open-air premise has become a renowned destination for leading brands like Samsung, Zudio, Misbu, Starbucks, and Croma, among others. With this new addition, Reach 3Roads continues to provide shoppers access to premium brands in a vibrant, community-first setting.

Raffles Jaipur Named Among Travel + Leisure’s Best New Hotel Openings in Asia-Pacific

India, May 2025 – A shimmering new chapter in India’s luxury hospitality has captured international attention. Travel + Leisure, one of the world’s most trusted voices in travel, has named Raffles Jaipur in its “New, Now List: The Best Hotel Openings in Asia-Pacific”—a curated roundup of the region’s most exceptional hotel debuts, design marvels, and transformative stays from the past year.

 Set on the serene outskirts of Jaipur, Raffles Jaipur opened its doors in 2024 with a clear ambition: to craft an experience that channels the elegance of India’s regal past into a refined, contemporary retreat. Inspired by the architectural elegance of a zenana, the traditional queen’s quarters, the hotel melds ornate craftsmanship with contemporary flair. From hand-painted frescoes and marble-clad corridors, every detail reflects a harmonious blend of tradition and modernity.

 Travel + Leisure lauded Raffles Jaipur as a lavish yet soulful palace, highlighting its intimate scale paired with world-class service. But what sets Raffles Jaipur apart is not just its aesthetic, it’s the atmosphere. With live classical ragas echoing through the central atrium and the legendary Raffles butler service attending to every detail with quiet precision, the hotel offers more than luxury — it offers a story. Guests can linger over a the signature Jaipur Sling at the Writers Bar, or unwind at Sehara, the rooftop poolside bar and restaurant offering sweeping views and a menu of exquisite Italian and Mediterranean cuisine. or unwind at the Raffles Spa, a tranquil sanctuary where holistic rituals and locally inspired treatments invite deep restoration and indulgence.

 Raffles Jaipur is also home to Arkaa, a progressive North Indian restaurant with a focus on ethno-botanical dishes that celebrate regional ingredients and heirloom recipes in contemporary form. For tea connoisseurs, Safir offers a tranquil experience specializing in fine teas and curated tea rituals, complemented by a luxurious champagne lounge that elevates every moment. Wellness at Raffles goes beyond traditional treatments with a spa that features not only serene treatment rooms but also a mineral pool and traditional hammam, inviting guests to fully immerse in restorative indulgence.

 “To be recognised by Travel + Leisure on such a prestigious platform is a proud moment not only for Raffles Jaipur, but for every member of our team,” said Binny Sebastian, General Manager. “This property was created to be more than just a hotel—it is a journey through heritage, design, and emotion. This recognition from such a globally influential publication is a significant moment for our entire team.”

 The New, Now List captures a moment in time when hotels are no longer just places to stay, they are places that transform how we experience a destination. Raffles Jaipur, with its commitment to artful living and cultural resonance, is proud to be counted among those rewriting the rules of hospitality.

PPS Motors Launches Luxury Kodiaq in Hyderabad

Hyderabad, 19 May 2025 – Škoda Auto India, marking 25 years in India and 130 years globally is continuing celebrations with the launch of the all-new generation of its luxury 4×4, the Kodiaq at PPS Motors Škoda Showroom at Kondapur Hyderabad. The year 2025 opened the doors to the New Era for Škoda Auto in India with the launch of its first ever sub-4m SUV, the Kylaq. The landmark year also sees the brand continue on its premium portfolio with the launch of the latest Kodiaq luxury 4×4 in India. Into its second generation in India and internationally, the brand-new Kodiaq arrives in India with its signature blend of luxury, refinement, off-road ability, on-road dynamics and seven-seat versitility.

Petr Janeba, Brand Director, Škoda Auto India shares, “In March, we recorded our biggest ever monthly sales in India, driven by the Kylaq launch, and supported by the Kushaq and Slavia. This is one of many new records we aim to set this year. In line with our product offensive strategy, the launch of the all-new Kodiaq showcases the other end of our product spectrum with Škoda’s luxury and technology prowess. The Kodiaq has now grown to be an important legacy name for us like the Octavia and Superb. The Kodiaq offers the ultimate luxury and handling for city roads and also packs in versatile all-terrain capabilities.”

Speaking on the occasion, Mr. Rajiv Sanghvi, Managing Director, PPS Motors, said, We are excited to introduce the all-new Škoda Kodiaq, one of the most eagerly awaited premium SUVs from Škoda. Engineered to deliver an exceptional driving experience, the new Kodiaq seamlessly blends cutting-edge technology, premium features, and a bold, dynamic design. With this launch, we are confident of further strengthening PPS Škoda’s position in the premium SUV segment. We are truly encouraged by the enthusiastic response the new Kodiaq has received and would like to express our sincere gratitude to our customers for their continued trust and overwhelming response

At the heart of the Kodiaq

Škoda Auto’s premier 4×4 is powered by a 2.0 TSI engine making 150kW and 320Nm of torque. This power and torque is distributed to both axles through a seven-speed dual clutch DSG automatic. It is based on the MQB37 platform and is available in the Sportline and Selection L&K variants with both offering seven seats. Assembled in India at the brand’s facility in Chhatrapati Sambhaji Nagar, the Kodiaq has been rated to provide fuel efficiency of 14.86 km/l by ARAI.

Measuring up the Kodiaq

The all-new generation of the Kodiaq is 59mm longer than its previous generation. It has a length of 4,758mm and height of 1,679mm. It is 1,864mm wide and has a wheelbase of 2,791mm. Fully laden, the all-new Kodiaq stands 155mm off the ground. The three-row luxury 4×4, like before, offers a lot of luggage capacity in its versatile interior. With all three seats up, the Kodiaq offers 281 litres of luggage space. With the third-row seats folded to the floor, this luxury SUV can carry 786 litres of luggage, and with both the rear rows down, the Kodiaq affords a cavernous carrying capacity of 1,976 litres.

Inside out

The new Škoda Kodiaq continues its tradition of refined luxury with two distinct interior themes, an all-black sporty décor for the Sportline variant and premium Cognac leather upholstery in the Selection L&K trim. Elevating the cabin’s technology and convenience, it now features a 32.77-cm infotainment system, along with multi-function Smart Dials equipped with tactile rotary knobs and screens allowing seamless control over HVAC, seat ventilation, audio settings and drive modes. Ergonomic enhancements include a newly positioned gear-selector behind the steering wheel for improved accessibility and a tablet holder for rear-seat passengers, adding to their convenience.

The luxury quotient is further amplified with Ergo front seats that offer advanced pneumatic massage function, ensuring superior comfort and spine support. The inclusion of acoustic package with acoustic front – side windows helps in reducing exterior noise, creating a serene and premium driving experience. Safety and comfort are paramount, with 9 airbags, a sliding panoramic sunroof, and a 725W Canton sound system with 13 speakers and a sub-woofer for an immersive audio experience. Additionally, rolling sunblinds in the rear windows further enhance privacy and passenger comfort.

Bold Exterior

The Škoda Kodiaq stands out with its all-new design and premium styling elements. The LED Beam Crystallinium headlamps now feature a Welcome Effect, adding a touch of sophistication upon unlocking this luxury 4×4. The Selection L&K trim exudes elegance with Dark Chrome accents, while the Sportline variant embraces a sportier persona with Glossy Black highlights. Enhancing its road presence, the Kodiaq sports a front grille with an integrated horizontal light strip, creating a striking visual identity, while a red strip connecting the tail lamps further accentuates the SUV’s width, ensuring a distinctive and commanding presence on the road.

The all-new Kodiaq is available in six colour options: Moon White, Magic Black, Graphite Grey, Velvet Red, Race Blue. The Selection L&K gets an exclusive Bronx Gold and the Sportline gets an exclusive Steel Grey.

Driving luxury from ownership to maintenance

Škoda Auto India will also be offering some delectable ownership and maintenance solutions for Kodiaq owners. This Škoda flagship will offer a standard warranty of 5-year/125,000 kms – whichever earlier. There is also a 10-year complimentary Road-Side Assistance on offer with this luxury 4×4. Bringing service costs down further is Škoda Supercare, a standard maintenance package, which is available at no cost to the customer for the first year.

The Kodiaq so far

The Kodiaq made its India debut in 2017 as a seven-seat luxury 4×4, a tradition it continues to this day. This premium family car was the one that began Škoda Auto’s legacy of naming ICE SUVs beginning with the letter ‘K’ and ending with a ‘Q’. Škoda Auto India has furthered this tradition with the India-specific Kushaq and Kylaq SUVs. The Kodiaq derives its name from the Kodiak archipelago in Alaska, USA and the Kodiak bear that calls the region home denoting the beauty and ruggedness of the geography and its prime predator.

The Hinduja Family Retains Spot on UK’s Rich List 2025 for the Fourth Successive Year

Chennai/Chandigarh, May 19, 2025: The Hinduja family led by Mr. Gopichand Hinduja, Chairman of the Hinduja Group, a 110-year-old multinational conglomerate, has topped the Sunday Times Rich List at £35.3 Billion for the fourth successive year. The Sunday Times Rich List is a definitive annual ranking of the wealthiest individuals and families residing in the United Kingdom, with 350 entries in the 2025 edition. Despite global headwinds and policy shifts, the Hinduja family has continued to demonstrate exceptional business resilience and global leadership.

The UK-based family’s group of companies, headed by Chairman, Mr. G.P. Hinduja, operates in 38 countries with investments in several sectors – mobility, Digital Technology, Banking and Financial Services, Media, Project Development, Lubricants and Specialty Chemicals, Energy, Real Estate, Trading, and Healthcare.

Notably, over the past year, the Hinduja Group has also stepped up its focus on the electric mobility sector in India including investments in vehicle charging infrastructure, reflecting a strategic pivot towards sustainability and future-ready innovation.

Beyond their business empire, the Hinduja family remains deeply committed to social impact through the Hinduja Foundation, which focuses on transformative initiatives in education, healthcare, sustainable rural development, and water conservation, impacting communities across geographies.

Among the other esteemed names featured on The Sunday Times Rich List 2025 are David and Simon Reuben and family with £26.873bn, Sir Leonard Blavatnik with £25.725bn, Sir James Dyson and family with £20.8bn, Idan Ofer with £20.121bn, Guy, George, Alannah and Galen Weston and family with £17.746bn, Sir Jim Ratcliffe with £17.046bn, Lakshmi Mittal and family with £15.444bn net worth.

SYMPHONY Eyes Growth Despite Weather-Led Blip; Strong FY25 Performance, Global Focus Intact

We attended the analyst meet of SYMPHONY where the leadership team discussed industry outlook, competition, supply chain agility, evolving distribution, growth prospects in large-space air cooling, and export potential. SYMPHONY is the market leader in air coolers in India and global leader in residential, commercial and industrial air cooling given its 1) wide range of coolers and global brands, 2) exports to 60+ countries, and 3) leadership team focused on building a future-ready, high-growth organization.

The company saw strong demand across all channels in FY25. While summer sales had strong start in Q4FY25, sales slowed due to erratic weather in Apr’25. Secondary sales were below expectations, resulting in an increase in channel inventory. However, the management remains optimistic that sales will pick up in the coming weeks. The company is also exiting from two subsidiaries – CT, Australia, and IMPCO, Mexico – but will continue to do business in these geographies with minimal capital deployment.

SYMPHONY reported revenue/EBITDA growth of 36.3%/85.1% and adj PAT growth of 72.7% in FY25. Air Cooling and Other Appliances segment grew by 35.6%, while its revenue from India and rest of the world (RoW) grew by 45.5% and 20.5%, respectively. The company is currently trading at 36x FY25 earnings. We don’t have a rating on the stock.

Kayan Egypt Celebrates 130 Years of SKODA’s Global Brand Foundation

Cairo, Egypt, 17th May 2025 – Kayan Egypt for Trade and Investment, the exclusive agent for ŠKODA in Egypt, celebrates the 130th anniversary of the establishment of the renowned Czech brand. Celebrating this occasion, Kayan Egypt is offering now Octavia models at a starting price of 1,799,000 EGP and Kodiaq models at a starting price of 2,549,000 EGP.

Kayan Egypt plays an integral role in the ongoing success of this leading brand in the Egyptian market, demonstrating a strong commitment to quality and continuous innovation that has characterized ŠKODA over the years. Kayan Egypt emphasizes the importance of fostering mutual cooperation with the parent company ŠKODA to provide the best products and services to customers in the Egyptian market.

Nader Nabil, ŠKODA Egypt Brand Director at Kayan Egypt for Trade and Investment, commented on the occasion: “We are proud to celebrate 130 years of the ŠKODA brand and reaffirm our ongoing efforts to enhance the position of ŠKODA vehicles in the Egyptian market as one of the leading brands in the automotive sector.”

“We look forward to continuing this success and fruitful partnership with ŠKODA brand in the coming years, achieving further growth and prosperity.” Nader added.

Nader also emphasized that the company strives to offer a unique and exceptional experience that exceeds customer expectations. They are keen to provide a wide range of ŠKODA models that meet various needs and tastes, aligning with the requirements of Egyptian customers and the nature of local needs for ŠKODA’s global products, as well as providing high-quality after-sales services through an extensive network of authorized service centers staffed by highly trained technicians.

As part of the 130-year celebration of the brand’s foundation, ŠKODA Global has opened the ŠKODA Museum to showcase the company’s most notable achievements and amazing stories. The museum features dozens of cars, a selection of its first motorcycles and bicycles, and an interactive map detailing the development stages of the main factory. It also highlights 125 years of engine development and production in Mladá Boleslav.

Additionally, ŠKODA launched a special series of wristwatches created specifically for this celebration—a limited edition of 130 luxury watches from “Laurin & Klement,” designed by the renowned Czech watchmaker Prokop & Bros. These exclusive watches are inspired by the Laurin & Klement BSC model, a rare and historically significant sports car from 1908 that represents the pinnacle of early automotive engineering. This edition of wristwatches honors both the watchmaking industry and the craftsmanship of automobile manufacturing, and will be available in selected European markets in September of this year.

Technogym Launches Healthness

Over the years, Technogym has built an ecosystem that, as of today, connects 25 million users (out of a global community of 70 million people training with Technogym), industry operators, doctors, and trainers worldwide. Leveraging the company’s years of investments in cutting-edge technologies and AI, Nerio Alessandri introduced the new vision of Healthness.

The ability to predict disease before it occurs has become one of the greatest revolutions of our time. Healthness leverages Wellness and takes this vision even further by making health prevention programs tangible thanks to data and AI.

Scientific studies confirm that health is influenced by only 20-30% by genetics, while the remaining 70-80% depends on epigenetics (lifestyle). There are therefore no magic formulas to achieve Healthness: it requires training that targets muscular strength, cardiovascular endurance, balance, flexibility, and cognitive quality. Physical exercise is a true medicine (Exercise Is Medicine) and Healthness represents a preventative medicine to improve physical performance in the short term and guarantee healthy longevity in the long term.

Thanks to the trillions of data collected in 30 years on the Mywellness Open Platform, today with AI, Technogym is able to offer Healthness as products and services: Technogym Checkup, the new assessment station based on AI is able to analyze psycho-physical and cognitive parameters and automatically calculate Precision Training programs. The new AI-based Biostrength and Biocardio product ranges, connected to the Technogym Ecosystem, allow you to deliver Precision Training Programs automatically thanks to the Technogym App, to track data and adapt the program to progresses.

In practice, Healthness means Precision Wellness and thanks to data-driven customized programs it allows you to obtain results superior by approx. 30% in the same amount of time.

Healthness, in addition to helping people live longer in good health, represents a great business opportunity for fitness, sports, hospitality, corporate and medical operators and personal trainers to evolve their offering and create value through hyper-personalization.

At the 25th Wellness Congress, in the presence of 2,000 people from 100 countries, Nerio Alessandri launched Healthness, the new vision that will revolutionize the future of wellness and prevention.

Forty years ago, in an industry characterized first by bodybuilding, then by fitness, Technogym launched a new concept: Wellness, which, capitalizing on the experience of fitness, generated a social opportunity, involving all stakeholders – governments, companies and citizens – in building a healthier and more active society. Since then, Technogym has continued to innovate relentlessly: from biomechanics, to digital, to artificial intelligence. Today Technogym is a Life Science company, able to offer Precision Training programs for every individual and need.

Skill India partners with Meta to launch Llama-Powered Skill India Assistant : Now Live on WhatsApp

Chandigarh, May 17: The Ministry of Skill Development and Entrepreneurship (MSDE), Government of India, today announced the launch of the Skill India Assistant (SIA)—an AI-powered digital skilling tool developed in collaboration with Meta, using its open-source Llama models. This marks the world’s first large-scale initiative of its kind, where an open-source AI model is being integrated into a nationwide public skilling mission on WhatsApp, providing access to millions of Indians across the country.

Accessible via WhatsApp at +91 8448684032 and available on the Skill India Digital Hub, SIA offers people a unique opportunity to explore skilling courses, discover nearby training centers, and access job opportunities tailored to their needs. This innovative initiative is the result of a strategic collaboration between Meta and NSDC, implemented by Sarvam AI, aimed at bridging the digital divide and transforming the way Indians connect to skill development opportunities.

Speaking during the launch, Shri Jayant Chaudhary, Union Minister of State (Independent Charge) for Skill Development and Entrepreneurship, stated, “The Skill India Assistant marks a pivotal shift in how we deliver learning and employment support to our citizens. By harnessing the power of AI in a familiar platform like WhatsApp, we are bringing personalized skilling guidance directly to the fingertips of millions—especially those in remote and underserved areas. It’s not just a technological milestone, but a powerful step toward ensuring that opportunity, learning, and upward mobility are truly within everyone’s reach.”

Shivnath Thukral, Vice President and Head of Public Policy, Meta India, added, “With this launch, we aim to enhance how AI can serve society. The Skill India Assistant (SIA) demonstrates that open-source technology, when deployed thoughtfully and collaboratively, can uplift millions. We are pleased to support India’s vision of an inclusive, empowered, digitally connected economy.”

The Skill India Assistant (SIA) is currently available in English, Hindi, and Hinglish, with a roadmap to expand into more regional languages. Its launch on WhatsApp ensures wide accessibility, especially for rural and underserved communities. User feedback will be actively gathered and incorporated into future updates, allowing the assistant to evolve with learner needs and AI advancements.

As India pursues its goal of becoming the global skill capital, the Skill India Assistant represents not just a technological innovation—but a commitment to ensuring that every citizen, regardless of location or background, has a trusted mentor guiding their journey toward economic opportunity.

Signature Global aims 21.5 pc rise in sales bookings to Rs 12,500 cr in FY26 on strong demand

Realty firm Signature Global is targeting 21.5 per cent increase in its sales bookings to Rs 12,500 crore for the current fiscal as it plans to launch multiple housing projects to encash strong housing demand. According to an investor’s presentation, the Gurugram-based company has provided guidance for sales bookings or pre-sales at Rs 12,500 crore for the 2025-26 fiscal. “The company plans to grow sales at 20 per cent in FY26 over FY25 and aims to consistently maintain this growth over the long term,” Signature Global said. The company’s sales bookings rose 42 per cent to a record Rs 10,290 crore in the 2024-25 fiscal. Signature Global on Thursday reported a 48 per cent increase in its consolidated net profit to Rs 61.12 crore for the latest quarter ended March. Its net profit stood at Rs 41.25 crore in the year-ago period.

Total income declined to Rs 570.43 crore in the fourth quarter of the last fiscal from Rs 722.73 crore in the year-ago period. During the 2024-25 fiscal, Signature Global’s net profit jumped multifold to Rs 101.2 crore, from Rs 16.32 crore in the preceding year. Total income grew to Rs 2,637.99 crore in the last fiscal from Rs 1,324.55 crore in the 2023-24 financial year.

 Commenting on the company’s performance, Signature Global Chairman Pradeep Kumar Aggarwal said: “The fiscal year 2024-25 has proven to be exceptionally successful across all facets of our business operations, including pre-sales, revenue, collections, and profit after tax. We have exceeded the annual targets…”

He said the company’s strategic emphasis on premium and mid-income segments, coupled with its capacity to anticipate market trends, has facilitated significant growth.

 “As the residential real estate sector in the country remains robust, we are optimistic about achieving double-digit growth in the current financial year,” Aggarwal said.

Signature Global is one of the leading real estate developers in the country.

The company has developed many housing projects in Gurugram, with many more currently under construction.

The company has delivered 13.5 million sq ft of housing projects and has a strong pipeline of about 21.6 million sq ft of saleable area in upcoming projects, along with 46.38 million sq ft of ongoing projects, targeted for completion within the next 2-3 years.