What has been your most significant achievement in the year 2023?
Undoubtedly, the significant achievement of 2023 is the much-anticipated listing of Signature Global on the Indian stock exchange. The listing has been remarkably successful, with shares debuting at a premium. Within a span of just three months, the stock price and market cap have increased over 80 percent, delivering substantial returns to the investors who placed their trust in our company.
Who do you look up to for inspiration?
I am deeply inspired by observing the relentless hard work exhib- ited across various facets of life, whether within our own company by dedicated employees or by strangers we encounter daily. It’s not just the success stories or the well-known figures that motivate me, but anyone who demonstrates unwavering commitment and de- termination. Witnessing such dedication reaffirms my belief in the power of hard work and serves as a constant source of inspiration in my journey.
What are your current goals?
At the core of our business ethos lies the aspiration to fulfill the dreams of homeownership en- capsulated in ‘Har Parivar Ek Ghar.’ This remains a steadfast goal for both me personally and our entire organization. However, as a recently listed company, our immediate ob- jective is to align our efforts with the expectations of our investors and propel the company to unprecedented levels of success, thereby generating substantial wealth for our stakeholders.Attention to detail, superior quality, maximization of resources, and elegant aesthetics are just some of the standards we demand through- out our projects – from residential to commercial, from retail to construction. The entire process, from design to execution to its final delivery, is designed to ensure that the experience of living and working in a Signature property is truly unparalleled.
What is the one thing that makes you most proud about your company?
What makes me most proud about Signature Global is its unwavering commitment to innovation and affordability in the real estate sector. Established with a strong footprint in Delhi-NCR, Signature Global has consistently set industry benchmarks with its innovative construction technologies and top-notch amenities, all while maintaining competitive and affordable pricing.
Since its inception in 2014 with the landmark Solera project in Gurugram, the company has demonstrated remarkable growth and strategic expansion. Selling nearly 28,000 residential and commercial units in the Delhi NCR region is a testament to our success and customer trust. The affordable and mid-segment, which had considerable demand, was untouched in Gurugram. We developed solutions in this segment and are now leading these housing segments in Gurugram and NCR. We established our brand by offering a very good value proposition in our projects. While there was demand for affordable housing, we have successfully changed and re- defined affordable housing. We offer value housing in the luxury mar- ket of Gurugram. Our other great achievement is that the customer gets proper value for their money as well as proper appreciation for their property of 30 - 100 percent.
What is your outlook for the future of the industry?
While the country is moving towards becoming the 3rd largest economy by 2030, the Indian real estate industry is also growing simultaneously. I am very bullish about the real estate industry for the next decade; the real potential of the industry has started unlocking with increased compliance. Now, more Indian and global investors are showing their confidence, and it will transform the entire industry by 2030. In the past, RERA has been a landmark development in the real estate sector, regulating the sector and bringing in proper account- ability. Apart from this, the Pradhan Mantri Awas Yojana, which will help bring housing for all in the country, and the National Urban Housing Fund with a corpus of Rs. 60,000 crore to finance the construction of affordable housing, along with the annual 10 thousand crore spe- cial fund for urban infrastructure development, will be the other big game changers.