Signature Global Invests ₹2,200 Crore in Luxury Housing Project in Gurugram
Real estate developer Signature Global is making a significant investment of ₹2,200 crore in a new luxury residential project, Cloverdale, in Gurugram. The project, spread over 8 acres, aims to offer 770 luxury apartments and is expected to be completed by 2031.
Signature GlobalGurugramReal EstateLuxury ApartmentsCloverdaleReal Estate NewsJul 01, 2025
Spread over 8 acres within a larger 22-acre integrated plan, Cloverdale marks a significant milestone in the company’s expansion strategy. The apartments are priced between ₹4 crore and ₹7 crore, targeting the luxury segment of the housing market. The company aims to complete the project by 2031, aligning with its long-term growth plans.
Signature Global has been on a growth trajectory, posting record pre-sales of ₹10,290 crore in the last fiscal year. The company is now eyeing ₹12,500 crore in pre-sales for the fiscal year 2026. To support this ambitious target, the company is ramping up its investments in land and construction. This fiscal year, around ₹4,000 crore will be deployed, including up to ₹1,500 crore for new land acquisitions and ₹2,500 crore for ongoing project execution.
This investment follows last year’s ₹1,070 crore investment in acquiring 48 acres in Gurugram, solidifying the company’s presence in the region. Additionally, Signature Global announced a plan to raise ₹875 crore via non-convertible debentures. The funds will be used to refinance existing debt and support expansion initiatives.
The company’s strategic investments and robust financial performance underscore its commitment to delivering high-quality, luxury residential projects in prime locations. Cloverdale is expected to set a new benchmark in the Gurugram housing market, offering residents a premium living experience with modern amenities and a prime location.
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Frequently Asked Questions
What is the name of the new residential project by Signature Global in Gurugram?
The new residential project by Signature Global in Gurugram is named Cloverdale.
How much is Signature Global investing in the Cloverdale project?
Signature Global is investing ₹2,200 crore in the Cloverdale project.
How many luxury apartments will Cloverdale offer?
Cloverdale will offer 770 luxury apartments.
What is the price range for the apartments in Cloverdale?
The apartments in Cloverdale are priced between ₹4 crore and ₹7 crore.
When is the expected completion date for the Cloverdale project?
The expected completion date for the Cloverdale project is 2031.
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