Signature Global Awards Rs 1203 Crore Contract to Capacit'e for Titanium SPR Project
Signature Global, one of India’s leading real estate developers, has awarded a Rs 1203 crore construction contract to Capacit'e Infraprojects Limited for their premium residential project, Titanium SPR, in Sector 71, Gurugram.
Signature GlobalCapacite InfraprojectsTitanium SprGurugramReal EstateReal Estate PuneOct 30, 2024
Spanning 14.382 acres, Titanium SPR is a luxurious development that includes 608 units, ranging from 3.5 BHK to 4.5 BHK. The project is being developed in two phases, with the first phase, comprising 2.1 million square feet, having been launched in June 2024. The project has seen an overwhelming response from buyers, achieving pre-sales worth over Rs 2700 crore.
Mr. Pradeep Aggarwal, the Chairman and Whole-Time Director of Signature Global, expressed his satisfaction with the project. He stated, “Titanium SPR exemplifies our commitment to providing premium living experiences. Despite being one of our first premium projects, it has garnered tremendous response from customers, and we are committed to upholding the highest standards of quality throughout its development. By partnering with Capacit'e Infraprojects, we are confident that Titanium SPR will emerge as a landmark in the Delhi NCR region, offering modern homebuyers the perfect blend of luxury, comfort, and convenience.”
Strategically located in Sector 71, Gurugram, alongside the Southern Peripheral Road (SPR), Titanium SPR is designed to redefine premium living. The project boasts several unique features, including 26-feet and 28-feet-long decks, a triple-height entrance lobby, and seven lagoon pools. These amenities are designed by renowned international architects, such as DPC from Singapore, MPFP from the USA, Confluence, NMP Design, Senelac Consultants, and Vintech Consultants.
Inspired by Singaporean architecture, Titanium SPR features 40-story high-rise towers that offer breathtaking cityscape views. The layouts are meticulously designed to ensure that no balconies overlook each other. The project also includes elevated green spaces, such as a sky garden on the 30th floor and a sky terrace on the 40th floor, providing serene retreats with panoramic vistas.
Titanium SPR offers over 55 exclusive amenities, including lagoon pools, sensory gardens, a Miyawaki forest, and state-of-the-art recreational facilities. The project also features Club Elevate, a sprawling 57,000 square feet facility with a double-height entry, a multipurpose hall with a pool-facing view, fine dining options, a fully-equipped gym, a Zumba studio, spa and sauna facilities, an on-site salon, a co-working space, and other community spaces. These amenities create a resort-like atmosphere within the residential enclave.
Southern Peripheral Road is widely regarded as one of the most promising locations in the National Capital Region. Sector 71 in Gurugram, which is alongside SPR, holds prime land parcels with a developable potential of 17 million square feet, further solidifying the region’s status as a prime location for high-end real estate developments.
Frequently Asked Questions
What is the value of the construction contract awarded by Signature Global for Titanium SPR?
The construction contract for Titanium SPR, awarded by Signature Global to Capacit'e Infraprojects Limited, is valued at Rs 1203 crore.
How many units are there in the Titanium SPR project?
Titanium SPR has a total of 608 units, ranging from 3.5 BHK to 4.5 BHK.
When was the first phase of Titanium SPR launched?
The first phase of Titanium SPR, comprising 2.1 million square feet, was launched in June 2024.
What are some of the unique features of Titanium SPR?
Some unique features of Titanium SPR include 26-feet and 28-feet-long decks, a triple-height entrance lobby, seven lagoon pools, and 40-story high-rise towers offering breathtaking cityscape views. The project also includes a sky garden on the 30th floor and a sky terrace on the 40th floor.
What is the significance of the Southern Peripheral Road (SPR) in relation to Titanium SPR?
The Southern Peripheral Road (SPR) is widely viewed as one of the most promising locations in the National Capital Region. Sector 71 in Gurugram, where Titanium SPR is located, holds prime land parcels with a developable potential of 17 million square feet, making it a prime location for high-end real estate developments.
Related News Articles
Revamping India's Real Estate Market: SEBI's 2024 Amendments to REIT Regulations
India's real estate sector is set to witness significant changes with SEBI's latest amendments to REIT regulations, effective from July 9, 2024.
Maharashtra Tribunal Directs CIDCO to Register Land Schemes as Real Estate Projects
The Maharashtra Real Estate Appellate Tribunal (MREAT) has ruled that the City and Industrial Development Corporation (CIDCO) must register its land schemes as real estate projects, aligning with the Real Estate (Regulation and Development) Act of 2016.
Prestige Estates Projects Ltd: A Promising Second Half Despite Initial Setbacks
Prestige Estates Projects Ltd faced significant setbacks in the first half of FY25, but is gearing up for a strong second half with major launches. Timely regulatory approvals will be crucial for the company to meet its ambitious targets.
Luxury Home Sales Surge by 53% Year-on-Year in Top 7 Cities in 2024
In 2024, luxury home sales in Mumbai, Pune, and Hyderabad collectively accounted for nearly 63% of the total unit launches, driving a significant 53% YoY growth in the top 7 cities.
Real Estate Stocks Rebound: Raymond, Lodha, and Others Surge Up to 18%
After a three-day losing streak, real estate stocks bounced back on Tuesday, with the Nifty Realty index gaining over 3 percent in intraday trade. Companies like Raymond and Lodha witnessed significant gains.
CREDAI Welcomes Revised Infrastructure Tax Payment Plan for Real Estate Sector
The Confederation of Real Estate Developers' Associations of India (CREDAI) has welcomed the revised infrastructure tax payment plan, which is expected to provide significant relief to the real estate sector. The first instalment of the tax payments will