Signature Global Acquires 8.38 Acre in Gurugram’s Sector 37D
Real Estate

Signature Global Acquires 8.38 Acre in Gurugram’s Sector 37D

Signature Global (India) has acquired an 8.38-acre land parcel in Gurugram’s Sector 37D near Dwarka Expressway for Rs 2.852 billion (bn). With a developable potential of approximately 2 million square feet, the company plans to launch a residential project by the end of FY 2025-26, targeting revenue of Rs 32 bn. Chairman Pradeep Aggarwal highlighted the area’s rapid price appreciation and connectivity as key growth drivers. Signature Global currently holds 45.1 acre in Sector 37D, where it is developing ‘De-luxe DXP’ and other residential units. The company has delivered 13.5 million sq. ft. to date and has a pipeline of 46 million sq. ft. for execution over the next two to three years.

Signature Global (India) has acquired an 8.38-acre land parcel in Gurugram’s Sector 37D near Dwarka Expressway for Rs 2.852 billion (bn). With a developable potential of approximately 2 million square feet, the company plans to launch a residential project by the end of FY 2025-26, targeting revenue of Rs 32 bn. Chairman Pradeep Aggarwal highlighted the area’s rapid price appreciation and connectivity as key growth drivers. Signature Global currently holds 45.1 acre in Sector 37D, where it is developing ‘De-luxe DXP’ and other residential units. The company has delivered 13.5 million sq. ft. to date and has a pipeline of 46 million sq. ft. for execution over the next two to three years.

Next Story
Real Estate

Kolkata’s luxury housing market sees price growth amid mixed trends

A new study by Nklusive reveals that Kolkata’s luxury residential market (Rs 5–10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment’s supply. The average price rose by 6 per cent—from Rs 17,519 to Rs 18,600 per sq ft—while unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..

Next Story
Infrastructure Transport

New Expressway to Cut Pune-Bengaluru Travel Time by Half

The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka’s Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..

Next Story
Infrastructure Transport

Nagpur’s Koradi Naka to Get Y-Shaped Flyover for Safer, Smoother Traffic

To alleviate traffic congestion and enhance safety at Koradi Naka in Nagpur, a Y-shaped flyover is currently being constructed on National Highway 47. Demolition work has already commenced, with the main construction scheduled to start on June 20, 2025.The project, costing Rs 430.37 billion, involves building a 1,090-meter-long flyover that will connect Farsa, the Mahadula Railway Overbridge (ROB), and Bokhara Road, and will also feature an underpass. The existing structure will be repurposed into a service road to facilitate local traffic.Koradi Naka has been identified as a significant "blac..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?