New Delhi, Aug 15 (PTI) Realty firm Signature Global, which has a significant presence in the Gurugram property market, is looking to enter Delhi, Noida and Greater Noida by launching housing projects in these new locations. Gurugram-based Signature Global, which got listed in September last year after raising Rs 730 crore through an Initial Public Offering (IPO), has so far delivered 11 million square feet of area. The company has a pipeline of about 32.
2 million square feet of saleable area in the forthcoming projects along with 16.4 million sq ft of ongoing projects. "We are also open to entering new markets within the NCR region,.
.. be it the main Delhi region, or the Noida market.
You may not see a launch happening within this financial year but over the next financial year, you will probably see us kind of coming up with a project which is outside of Gurugram," Signature Global Chief Executive Officer (CEO) Rajat Kathuria told investors. According to a transcript of discussion with analysts, the CEO noted that the strategy is to go big in these new locations and capture decent market share. "The principle will remain that any market we enter, we would want to create a relevant scale," Kathuria said.
In Gurugram, the CEO said the company has a huge land bank in Sector 71, on the Southern Peripheral Road, Sector 37D at Dwarka Expressway, and south of Gurugram, Sohna region. Kathuria said the company would keep replenishing land at these locations. The CEO also expressed c.