Connect with us

Business

Realty Firm Bets on Recovery in Housing Demand

Signature Global plans to invest around Rs 3,500 crore during the current financial year on land acquisition and construction activities in the Gurugram region, reflecting confidence in long-term housing demand.

Published

on

Real estate developer Signature Global plans to invest approximately Rs 3,500 crore during the current financial year on land acquisitions and construction activities in the Gurugram region.

Speaking in an interview, the company’s Chairman Pradeep Aggarwal said the firm remains optimistic about long-term housing demand despite prevailing global economic uncertainties.

Aggarwal acknowledged that the Gurugram residential property market experienced “a little bit of softness” in demand during the second half of the 2025-26 financial year. This followed a strong rally in housing sales and property prices witnessed between 2022 and 2024.

Despite the temporary moderation, he expressed confidence that the Gurugram housing market would stabilise and return to normal growth during the current fiscal year.

The company intends to utilise the planned investment for acquiring new land parcels and accelerating ongoing and upcoming residential development projects.

Advertisement

Gurugram has emerged as one of India’s major real estate hubs in recent years, driven by strong demand for premium and mid-income housing, infrastructure expansion, and corporate growth in the National Capital Region.

Industry experts say that while global uncertainties and rising borrowing costs have led to cautious buyer sentiment in some segments, demand for quality housing projects in key urban markets remains relatively resilient.

The continued investment by major developers reflects confidence in the long-term growth potential of the Indian housing sector, particularly in strategically important urban regions like Gurugram.

Continue Reading
Advertisement Advertisement

Copyright © 2026 Hindustan Times Online. Theme by MVP Themes, powered by WordPress.