Gurugram-based realty firm Signature Global Ltd has purchased 33.47 acres of land in Sohna, Gurugram, for about ₹450 crore as part of its aggressive expansion strategy in the Delhi-NCR housing market. The acquisition, made through three separate sale deeds, offers a development potential of nearly 18 lakh sq ft.

Signature Global, which emerged as the fifth-largest developer in India by pre-sales last fiscal with property sales worth ₹10,290 crore, is scaling up land purchases to match its strong project pipeline. The company has already launched ₹4,000 crore worth of projects in the first quarter of FY26 and is lining up another ₹13,000 crore in launches by March next year, with its chairman Pradeep Kumar Aggarwal confident of meeting the sales guidance of ₹12,500 crore for the fiscal.

“We are always looking for land parcels to expand our business. In Delhi-NCR, we are evaluating multiple deals in Gurugram, Noida, Greater Noida, and Delhi,” he said.

Land acquisitions in any financial year should be equivalent to the total projects launched in that fiscal year, Aggarwal said, when asked about the land bank strategy of the company for future development.

Signature Global had invested ₹1,070 crore last fiscal year to purchase 48 acres of land in Gurugram, Haryana.

The company plans to invest 1,200-1,500 crore during 2025-26 to acquire land parcels.

On launches, Aggarwal said the company has launched ₹4,000 crore worth projects in the first quarter of FY26 and another ₹13,000 crore worth projects would come into the market by March next.

“In the second quarter, we have not launched any project so far. But, we have inventories in our existing projects for sales,” he added.

Aggrawal remains confident of achieving the sales bookings or pre-sales guidance of ₹12,500 crore for the current fiscal year.

About market scenario of Gurugram, he said, “Demand is slow and steady for luxury homes priced above ₹5 crore per unit. There is not much supply in ₹2-5 crore price bracket.”

However, he said there has been no price correction in the market, although the pace of increase in rates would be moderate going forward.

“The frenzy seen in the last few years, with entire projects getting sold in few hours or few days, is missing now,” Aggarwal said.

During the April-June period of 2025-26, the company reported a fivefold surge in consolidated net profit to ₹34.43 crore. Its net profit stood at ₹6.79 crore in the year-ago period. Total income rose to ₹898.35 crore, from ₹427.98 crore during the period under review.

The company reported a 15 per cent decline in sales bookings to ₹2,640 crore in the first quarter of this fiscal year from ₹3,120 crore in the year-ago period.

Since inception, Signature Global has delivered nearly 15 million sq ft of real estate projects.