Signature Global Breaks Records with ₹2,300 Crore Sales in Just 10 Days
Massive Success for Daxin Vistas
Signature Global (India) Ltd., a leading name in Indian real estate, has achieved unprecedented success with its recently launched project, Daxin Vistas. In just 10 days, the company recorded sales worth ₹2,300 crore. This milestone was disclosed during the company’s Q2FY25 earnings call.
“We crossed ₹2,300 crore of sales between September 20 and September 30 from this single project. Daxin Vistas offers two key components: premium mid-income housing and industrial plots. The premium floors alone generated over ₹1,300 crore in sales during this period,” said Rajat Kathuria, CEO of Signature Global.
For the first time, the company introduced Industrial/IT & ITeS plots in the project, which brought in sales of more than ₹1,000 crore.
Strategically Positioned Project
Launched in September, Daxin Vistas is spread across 125 acres and strategically located near the Sohna Elevated Corridor. The project offers a mix of independent floors, commercial spaces, and IT-ITeS office plots, making it a comprehensive destination for buyers across segments.
Sustained Growth and Impressive Sales Performance
Signature Global has been consistently achieving an average monthly sales figure of ₹1,000 crore for the past nine months. The company recorded total sales of ₹5,900 crore in H1FY25, a staggering 217% growth compared to ₹1,860 crore in H1FY24. On a trailing 9-month basis, Signature Global has crossed ₹9,000 crore in sales, maintaining a robust monthly run rate.
The company’s financials also reflect this strong performance. In Q2FY25, Signature Global reported a profit of ₹4.15 crore, a significant turnaround from a ₹19.92 crore loss in Q2FY24.
New Launches Drive Phenomenal Growth
Signature Global’s foray into premium housing has played a crucial role in its success. The company launched its first premium group housing project, De-luxe DXP, in March 2024. Spread over 16.65 acres in Gurugram’s Sector 37D, the project received an overwhelming response, offering approximately 1,000 units across eight towers.
Encouraged by the success of De-luxe DXP, the company introduced another premium project, Titanium SPR, in the June quarter. Spread across 14 acres, Titanium SPR has already generated ₹3,000 crore in sales by the end of the September quarter.
A Market Leader in the Making
Signature Global’s ability to adapt to market demands, diversify its offerings, and maintain a high sales momentum has solidified its position as a market leader. With groundbreaking projects like Daxin Vistas, the company continues to redefine real estate standards in India.