Signature Global, a prominent real estate firm listed on stock exchanges, is gearing up to launch housing projects worth Rs 50,000 crore over the next three years. The company's chairman, Mr. Aggarwal, unveiled these ambitious plans during a recent invest
Real EstateHousing ProjectsSignature GlobalSustainabilitySmart LivingReal Estate NewsNov 23, 2024
Signature Global has announced plans to launch housing projects worth Rs 50,000 crore over the next three years.
The key features of the new projects include sustainability, smart living technologies, a community-focused approach, and affordability.
The launch of these projects is expected to boost investor confidence, create job opportunities, and set new standards for innovation and sustainability in the real estate industry.
Signature Global is committed to adhering to green building standards, incorporating energy-efficient designs, and using renewable energy sources in all new projects.
The projects will feature amenities and recreational spaces, promoting a vibrant and inclusive community environment, and making homeownership more accessible to a wider range of income levels.
Maharashtra has appointed 12 officers to expedite the recovery of Rs 912 crore under the MahaRera scheme, focusing on protecting the interests of homebuyers in key districts such as Mumbai City, Mumbai Suburban, Thane, and Pune.
The company is expecting a growth of 20-30% in bookings during 2024-25, driven by new project launches worth ₹2,000-2,500 crore.
Gurugram's real estate market has seen a significant surge in luxury project launches, reaching Rs 88,000 crore in 2024, reflecting a strong demand for upscale properties.
Recent data from a leading real estate consultancy reveals that retail space leasing in Grade-A malls and prime high streets across major cities has witnessed a significant 5% growth in 2024, driven by strong demand and consumer confidence.
Hindalco Industries has agreed to sell a land parcel in Maharashtra to Ekamaya Properties Pvt Ltd, a subsidiary of Birla Estates Pvt Ltd, for Rs 595 crore.
Piper Sandler remains optimistic about the housing market, predicting a continued rise in rental prices until 2026. This forecast aligns with recent market data, indicating that real estate companies are adapting to evolving market conditions.