Signature Global Q3 housing bookings drop sharply from year-ago levels

Signature Global’s third-quarter sales bookings fell 27% to ₹2,020 crore as lower housing sales weighed on volumes compared with the prior year.

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Signature Global Q3 housing bookings drop sharply from year-ago levels

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Signature Global Q3 housing bookings drop sharply from year-ago levels
Signature Global’s third-quarter sales bookings fell 27% to ₹2,020 crore as lower housing sales weighed on volumes compared with the prior year.
Realty developer Signature Global reported a 27% year-on-year decline in Q3 sales bookings to ₹2,020 crore for the quarter ended December, chiefly due to weaker housing sales despite the usual festive demand during the period. The Gurugram-based company sold significantly fewer units and a smaller area compared with last year’s quarter, extending a downturn seen in earlier months. 
Sentinel