Real estate firm Signature Global will invest Rs 2,200 crore in its new luxury housing project 'Cloverdale' in Sector 71, Gurugram. The project includes 770 apartments on the Southern Peripheral Road.

Signature Global achieved Rs 10,290 crore in pre-sales last fiscal and targets Rs 12,500 crore this year. The new development, spanning 8 acres, offers homes priced between Rs 4 crore and Rs 7 crore, with completion expected by 2031.

Chairman Pradeep Kumar Aggarwal highlighted strong housing demand in Gurugram. The company plans to invest Rs 4,000 crore this fiscal year in land acquisition and construction, doubling last year’s investment.