Signature Global to infuse Rs 310 cr for affordable housing project
Real Estate

Signature Global to infuse Rs 310 cr for affordable housing project

Realty firm Signature Global will invest Rs 310 crore for developing an affordable housing project in Gurugram’s sector 88A.

The firm declared the launch of its new project-Signature Global Imperial, spread over 8 acres of land parcel. Pradeep Aggarwal, founder and chairman of the company, told the media that in spite of the ongoing pandemic circumstances, the success of each of their affordable housing projects implies strong pent-up demand for quality homes from trusted brands.

The project will have more than 1100 1, 2 and 3 BHK units of affordable houses having a price range of Rs 17.56 lakh to Rs 28 lakh. It is self-funded by the firm and is likely to be complete in the coming four years.

The project will be completed in the following four years. Signature Global has launched 30 housing projects in the last 7-8 years, mainly in Gurugram, Sohna, and Karnal (Haryana), and out of that, seven projects have already been completed.

The company has also launched commercial projects, including a shopping mall, in Ghaziabad and Vaishali, including over a 7.5 lakh sq ft area.

Image Source

Also read: Signature Global to invest in two affordable housing projects in Gurugram

Realty firm Signature Global will invest Rs 310 crore for developing an affordable housing project in Gurugram’s sector 88A. The firm declared the launch of its new project-Signature Global Imperial, spread over 8 acres of land parcel. Pradeep Aggarwal, founder and chairman of the company, told the media that in spite of the ongoing pandemic circumstances, the success of each of their affordable housing projects implies strong pent-up demand for quality homes from trusted brands. The project will have more than 1100 1, 2 and 3 BHK units of affordable houses having a price range of Rs 17.56 lakh to Rs 28 lakh. It is self-funded by the firm and is likely to be complete in the coming four years. The project will be completed in the following four years. Signature Global has launched 30 housing projects in the last 7-8 years, mainly in Gurugram, Sohna, and Karnal (Haryana), and out of that, seven projects have already been completed. The company has also launched commercial projects, including a shopping mall, in Ghaziabad and Vaishali, including over a 7.5 lakh sq ft area. Image Source Also read: Signature Global to invest in two affordable housing projects in Gurugram

Next Story
Real Estate

Mahindra Lifespaces Bags Rs 12.5 billion Redevelopment in Mulund

Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has been appointed as the preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai. The project will be developed across a 3.08-acre land parcel, with an estimated development value of approximately Rs 12.5 billion. Strategically located, the site enjoys proximity to major connectivity points—just 1.4 km from the upcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. It also offers seamless access to the Eastern Expre..

Next Story
Infrastructure Urban

Snowman Adds Warehouses in Kolkata and Krishnapatnam

Snowman Logistics, India’s leading integrated temperature-controlled logistics company, has announced the commencement of operations at its two new state-of-the-art, owned cold storage facilities in Kolkata and Krishnapatnam. With these additions, the company’s total pallet capacity has reached 1,50,754, spanning 43 warehouses in 20 cities across the country. The newly operational Kolkata facility offers a storage capacity of 5,630 pallets, while the Krishnapatnam facility holds 3,927 pallets. These warehouses are equipped with advanced automation and infrastructure designed to enhanc..

Next Story
Resources

Noesis Enables IHCL Hotel Deal in Udupi–Manipal Corridor

NOESIS Capital Advisors, India’s leading hotel investment advisory firm, has successfully facilitated a landmark hospitality transaction in the Udupi–Manipal region of Karnataka. The deal involves the acquisition of a nearly completed, 130-key upscale hotel that will operate under one of the premium brands of IHCL, reinforcing NOESIS’ position as a preferred partner for strategic hospitality transactions across India. Strategically located on the Udupi–Manipal Highway, the 1.03-acre property will cater to business travellers, pilgrims and families visiting Manipal University. With..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?