Overview

• The Cloverdale project features 770 apartments on an 8-acre phase in SPR Sector 71, with homes priced between Rs 4 crore and Rs 7 crore and scheduled for completion by 2031.
• Signature Global plans to raise Rs 875 crore via non-convertible debentures—using Rs 450 crore to refinance existing debt and the balance for expansion—with shareholder approval targeted by end-August.
• The company has maintained its pre-sales guidance of Rs 12,500 crore this fiscal, building on last year’s record Rs 10,290 crore bookings that made it the fifth-largest listed real estate developer by sales.
• It has earmarked Rs 4,000 crore for investments in Gurugram this fiscal, allocating Rs 1,200–1,500 crore for land acquisitions and around Rs 2,500 crore for construction activities.
• Signature Global is leveraging its 48-acre land bank in Gurugram—acquired for Rs 1,070 crore last fiscal—and a net profit rise to Rs 101.2 crore to drive its strategic shift into mid-income and premium segments.