Signature Global awards Rs 3.20 billion construction contract to ACC India
Real Estate

Signature Global awards Rs 3.20 billion construction contract to ACC India

Gurugram-based real estate developer, Signature Global, has appointed ACC India to handle the civil, structural, and partial MEP work for all the towers, basements, and other ancillary buildings for its residential group housing project in Sector 84, Gurugram, Haryana.

According to the Letter of Intent (LOI) dated September 12, 2024, the total contract value is Rs 3.20 billion with the project scheduled for completion within 27 months from the commencement date, and a further 3 months allocated for the final handover of the work.

Lalit Aggarwal, Vice Chairman of Signature Global, expressed that the project would be one of their finest and a crowning jewel in their portfolio. He noted that it would span four and a half acres and be one of the tallest buildings in the area.

The company has delivered approximately 11 million square feet across its projects and more than 30,000 homes since its inception in 2014. Ani Ray, Managing Director of ACC India, highlighted that ACC has been involved in landmark projects such as Lodha Developers' World ONE in Mumbai (84 floors, 285 meters), Tata Housing & Keventers' 88 East Kolkata, and The 42 (62 floors, 255 meters), as well as ongoing projects in Delhi-NCR for DLF, TARC, Unity Group, and other major metros.

Signature Global holds a 36% market share in Gurugram's affordable and mid-housing sector. Supported by investors such as Nomura, HDFC, IFC, Standard Chartered, Bandhan MF, and Kotak, the company has a strong pipeline of approximately 32.2 million square feet of saleable area in upcoming projects and 16.4 million square feet in ongoing projects, which are set to be executed over the next 2-3 years.

Gurugram-based real estate developer, Signature Global, has appointed ACC India to handle the civil, structural, and partial MEP work for all the towers, basements, and other ancillary buildings for its residential group housing project in Sector 84, Gurugram, Haryana. According to the Letter of Intent (LOI) dated September 12, 2024, the total contract value is Rs 3.20 billion with the project scheduled for completion within 27 months from the commencement date, and a further 3 months allocated for the final handover of the work. Lalit Aggarwal, Vice Chairman of Signature Global, expressed that the project would be one of their finest and a crowning jewel in their portfolio. He noted that it would span four and a half acres and be one of the tallest buildings in the area. The company has delivered approximately 11 million square feet across its projects and more than 30,000 homes since its inception in 2014. Ani Ray, Managing Director of ACC India, highlighted that ACC has been involved in landmark projects such as Lodha Developers' World ONE in Mumbai (84 floors, 285 meters), Tata Housing & Keventers' 88 East Kolkata, and The 42 (62 floors, 255 meters), as well as ongoing projects in Delhi-NCR for DLF, TARC, Unity Group, and other major metros. Signature Global holds a 36% market share in Gurugram's affordable and mid-housing sector. Supported by investors such as Nomura, HDFC, IFC, Standard Chartered, Bandhan MF, and Kotak, the company has a strong pipeline of approximately 32.2 million square feet of saleable area in upcoming projects and 16.4 million square feet in ongoing projects, which are set to be executed over the next 2-3 years.

Next Story
Infrastructure Urban

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's  fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building  (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous  Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in  Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant  advancement in the company's commitment to engineered performance, manu..

Next Story
Infrastructure Urban

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Next Story
Infrastructure Urban

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App