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

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

Next Story
Infrastructure Urban

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Next Story
Infrastructure Transport

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement