About Signatureglobal (ind
They commenced operations in 2014 through their Subsidiary, Signature Builders Private Limited, with the launch of their Solera project on 6.13 acres of land in Gurugram, Haryana. They have grown their operations over the years and in less than a decade, as of March 31, 2023, they had sold 27,965 residential and commercial units, all within the Delhi NCR region, with an aggregate Saleable Area of 18.90 million square feet. Their Sales (net of cancellation) have grown at a compounded annual growth rate (CAGR) of 42.46%, from ₹ 16,902.74 million in Fiscal 2021 to ₹ 34,305.84 million in Fiscal 2023. As of March 31, 2023, they have sold 25,089 residential units with an average selling price of ₹ 3.60 million per unit. Signature Global has strategically focused on the Affordable Housing (AH) segment (below ₹ 4 million price category) and the Middle Income Housing (MH) segment (between ₹ 4 million to ₹ 2.5 million private category) through GoI and state government policies. The state government of Haryana under its various policies allows the development of AH and MH. For example, they have been extensively involved in developing projects specifically the Affordable Housing Policy, 2013 notified by the Town and Country Planning Department, Government of Haryana (AHP), and the Affordable Plotted Housing Policy or the Deen Dayal Jan Awas Yojana (DDJAY – APHP). Each of the policies is focused on affordable and mid-segment housing. The AHP aims to encourage the planning and completion of group housing projects under which apartments of a pre-defined size are to be made available at pre-defined rates and completed within a targeted time frame to ensure an increased supply of affordable housing, while the DDJAY – APHP is intended to encourage the development of high density plotted colonies in the state of Haryana.
