Signature Global to invest Rs 4K cr in FY26

New Delhi: Realty firm Signature Global will invest around Rs 4,000 crore this fiscal to acquire land parcels and carry out construction activities in its housing projects at Gurugram, a top company official said on Monday.

In an interview with PTI, Signature Global Chairman Pradeep Kumar Aggarwal said the company had invested Rs 1,070 crore last fiscal year to purchase 48-acre land in Gurugram, Haryana.

"Land is an important raw material for real estate developers. We will be investing around Rs 1,200-1,500 crore on the acquisition of land parcels," he said. The company is looking for lands in the Delhi-NCR market to expand its business, Aggarwal noted. "Housing demand continues to be strong from end-users as well as investors. There is a mismatch of demand-supply," he said.