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Signature Global’s FY26 Pre-sales Drop 20% to ₹8,220 Crore

NEW DELHI: Signature Global (India) has reported a 20% year-over-year decrease in pre-sales, totaling ₹8,220 crore for FY2026, down from ₹10,290 crore the previous year. Pre-sales for the March quarter reached ₹1,540 crore, marking a 5% decrease year-on-year and a 24% decline from the previous quarter. The company sold 2,114 units in FY26, a significant drop from 4,130 units in FY25. Collections for the fiscal year were ₹4,000 crore, down from ₹4,380 crore in the previous year. Pradeep Kumar Aggarwal, chairman and whole-time director of the company, stated, “FY26 reflects our commitment to disciplined growth, with a notable reduction in…

Village circle rates soar along Lucknow expressway corridor

LUCKNOW: The Uttar Pradesh government has revised the circle rates for agricultural and non-agricultural land in various villages of the Lucknow district, especially those near proposed expressways and rapidly developing road networks. The updated valuation list, released by the Lucknow district magistrate and effective from Thursday, is set to influence land transactions, stamp duty collections, and future real estate investments in the area. As per the official notice, circle rates have risen in many villages under the Mohanlalganj, Sarojininagar, Malihabad, Bakshi Ka Talab, and Sadar tehsils. This revision came after soliciting public feedback and suggestions before finalizing the rates. The…

Tamil Nadu RWA Calls for Statewide Property Tax Audit

CHENNAI: The Tamil Nadu Alliance of Resident Welfare Associations (TNARWA) has urged the state government to initiate an extensive and transparent audit of residential and commercial buildings. They assert that widespread property tax evasion and corrupt assessment practices have resulted in revenue losses amounting to hundreds of crores of rupees. The federation is calling for regular inspections of properties owned by MLAs, councillors, and other political figures. Additionally, they seek stringent action against both tax evaders and revenue officials who fail to conduct impartial assessments. “Given the state’s declining financial health and the difficulty in fulfilling various welfare commitments made…