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Signature Global Buys Gurugram Land for Luxury Project

25 Sep

Summary

Signature Global acquired 194 acres in Gurugram for a luxury housing project.
The project is expected to generate Rs 5,500 to Rs 6,000 crore in revenue.
It will develop approximately 6.77 million square feet of residential space.

Signature Global has made substantial land acquisitions in Gurugram, totaling 194 acres, to develop a new ultra-luxury housing project. The company has secured 25 acres outright and entered into a joint venture for an additional 169.22 acres.

This expansive development is projected to create approximately 6.77 million square feet of residential space. The anticipated revenue from this venture is estimated to range between Rs 5,500 crore and Rs 6,000 crore, underscoring Signature Global's strong position in the real estate sector.

The company is a leading developer with a notable presence in the Delhi-NCR region. These acquisitions in Gurugram further solidify its footprint and development pipeline.

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