Realty Stocks in Focus: Signature Global, Phoenix Mills, Mahindra Lifespaces Post Key Updates

On October 13, 2025, three listed realty players captured investor attention as fresh business updates highlighted contrasting developments. While Signature Global reported a decline in pre-sales, Phoenix Mills achieved promising growth across segments, and Mahindra Lifespaces expanded its land bank.

Signature Global Reports Decline in Pre-Sales and Area Sold in Q2

Signature Global Ltd reported a 28% fall in pre-sales on a year-on-year basis to ₹2,010 crore for Q2 FY26. Sequentially, the figure dropped 24%. The total area sold also declined to 1.34 million square feet, down 44% from the previous year and 17% from the last quarter. However, collections marginally improved by 2% YoY and 1% QoQ, reaching ₹940 crore. 

The average sales realisation climbed to ₹15,000 per square foot, up from ₹12,457 per square foot. Net debt edged higher to ₹970 crore due to the acquisition of a 33.47-acre land parcel in Sohna, allowing for 1.76 million square feet of development potential. The stock traded 1.4% lower at ₹1,016.2 around 9:30 am.

Phoenix Mills Achieves Growth in Retail, Hospitality and Residential Segments

Phoenix Mills Ltd witnessed a 13% YoY rise in retail consumption across its operational malls in Q2 FY26, despite monsoon impacts in several cities. Notable contributors included Phoenix Palladium in Mumbai and Phoenix Mall of Asia in Bengaluru. 

Gross leasing of 7.2 lakh square feet was recorded in commercial offices across Mumbai, Pune, Bengaluru and Chennai. In hospitality, St. Regis Mumbai posted 85% occupancy with an ARR of ₹17,711, and RevPAR grew 7%. Courtyard by Marriott Agra saw 60% occupancy with ARR at ₹4,396.

The residential segment also gained momentum, registering gross sales of ₹139 crore in Q2 compared to ₹27 crore last year. Collections doubled to ₹115 crore. Phoenix Mills shares were trading 0.5% lower at ₹1,590 as of 9:30 am.

Read More: Raymond Group to Inject ₹1,000 Crore into New Aerospace and Auto Units in Andhra Pradesh

Mahindra Lifespaces Expands Land Bank 

Mahindra Lifespaces Developers Ltd announced the acquisition of 13.46 acres of land in Pune, citing an estimated development potential of ₹3,500 crore. The location offers connectivity to Hinjewadi IT Hub and key educational institutions. 

Additionally, Mahindra Lifespaces was chosen as the preferred partner for the redevelopment of 4 residential societies in Malad (West), Mumbai. This project spans 1.65 acres with an estimated potential of ₹800 crore. Shares of the company rose by 2.2% to ₹377.9 apiece around 9:30 am.

Conclusion

The real estate sector witnessed mixed activity on October 13, 2025, with Signature Global reporting subdued performance, Phoenix Mills continuing its growth in diverse verticals, and Mahindra Lifespaces expanding strategically through land acquisitions. Each company’s development highlights the ongoing reconfiguration within India's dynamic property sector.

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