Signatureglobal Aggarwal seeks faster reforms, digitisation in realty sector
This story was originally published at 12:52 IST on 8 September 2026
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--Signatureglobal: Affordable housing should be part of sustainable growth
--CONTEXT: Signatureglobal Chairman Aggarwal's comments at real estate event
--Signatureglobal: Real estate norms must be transparent, time-bound
--Signatureglobal: Digitisation can improve speed in project execution
--Signatureglobal: Capital availability supports real estate growth
--Signatureglobal: Strong demand, urbanisation support real estate growth
NEW DELHI - Affordable and mid-income housing should be a key part of sustainable and inclusive growth in India's real estate sector, Pradeep Aggarwal, founder-chairman of Signatureglobal (India) Ltd., said Tuesday. "Our growth should be sustainable and inclusive. We should have affordable and mid-income housing," Aggarwal said at the National Conference on Real Estate for Viksit Bharat.
Aggarwal said real estate regulations should focus on predictability, transparency, and time-bound approvals rather than simply reducing regulation. "Our aim is not to reduce regulation. Our focus should be on making regulation predictable, transparent and time-bound," he said.
He said there was a need for greater clarity on land availability, approvals, and project execution timelines, adding that reforms should make processes faster for developers.
Aggarwal highlighted the role of digitisation in improving efficiency in the sector. "Land verification, approvals and project execution should be done with greater transparency and speed," he said, calling for integration of digital land records and initiatives such as E-Dharti.
He said strong demand, availability of capital, and rising urbanisation provide a strong foundation for growth in the real estate sector. "Demand is very high. Capital is available. Urbanisation will grow in the coming decades," Aggarwal said.
For the June quarter, Signatureglobal (India) reported a consolidated net loss of INR 165.29 million on revenues of INR 5.52 billion. At 1135 IST, shares of the company traded at INR 801 apiece on the National Stock Exchange, slightly up from the closing price Monday. End
Reported by Gunjan Rajput and Astha Oriel
Edited by Akul Nishant Akhoury
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