Signature Global Invests Rs 300 Crore in Gurugram for New Housing Project
Signature Global has acquired 16.12 acres of land in Gurugram for Rs 300 crore to develop a premium housing project. The company plans to expand its market presence into Noida and Greater Noida, capitalizing on the strong demand in mid-income and premium
Housing ProjectGurugramReal EstateMidincome HousingPremium HousingReal Estate NewsJan 12, 2025
This strategic move is aimed at developing a premium housing project, reflecting the company's bullish outlook on the demand for mid-income and premium residential properties.
The land is strategically located in Sector 71, Southern Peripheral Road, Gurugram, Haryana.
According to Pradeep Kumar Aggarwal, Chairman of Signature Global, the total development potential of this project is estimated to be around 27-28 lakh square feet.
Aggarwal stated,
Frequently Asked Questions
What is the total investment made by Signature Global for the land in Gurugram?
Signature Global has invested nearly Rs 300 crore to purchase 16.12 acres of land in Gurugram.
Where is the land acquired by Signature Global located?
The land is located in Sector 71, Southern Peripheral Road, Gurugram, Haryana.
What is the total development potential of the new housing project in Gurugram?
The total development potential of the new housing project is estimated to be around 27-28 lakh square feet.
What are Signature Global's sales targets for the current fiscal year?
Signature Global has set a sales target of Rs 10,000 crore for the current fiscal year.
How has Signature Global's focus in the housing market evolved?
Initially, Signature Global focused on affordable housing, but it has now shifted its focus to mid-income, premium, and luxury homes.
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