NEW DELHI: Signature Global (India) has acquired a land parcel admeasuring approximately 16.12 acres situated at Sector 71, Southern Peripheral Road, Gurugram. The said land has an overall potential developable area of approximately 2.73 million sq ft.
The company had executed a joint development agreement (JDA) for development of this land parcel with the landowner, dated February 2, 2024. Pursuant to the acquisition of this land parcel, the JDA with the landowner stands cancelled.
It had reported pre-sales of Rs 86.7 billion during the first nine months of FY25, recording 178 per cent growth year-on-year.
The company registered pre-sales of Rs 27.7 billion in Q3 FY25, a 120 per cent year-on-year growth from Rs 12.6 billion it recorded in Q3 FY24.
