Signature Global plans Rs 550 cr investment in housing project

15 Jun 2022 CW Team

Signature Global Limited will invest Rs 550 crore for developing Phase II of its housing project in Gurugram.

In May, Signature Global, the real estate firm which focuses on building affordable housing projects, had fundraised long-term capital of Rs 400 crore from HDFC Capital’s real estate fund.

The company told the media that it would construct 864 independent floors in Phase II, the same as Phase I.

The company said that the overall cost for Phase II of this project is Rs 550 crore. Further, it added that the independent floors would be sold between Rs 62-72 lakh.

Chairman and Director of Signature Global (India) Limited, Pradeep Aggarwal, said that the demand for independent floors has increased in the past two years.

The projects, including Signature Global Park 4 and 5, will be developed under the Deen Dayal Jan Awas Yojana (DDJAY) of the Haryana state government.

Earlier, Signature Global has launched over 30 housing projects, especially in Gurugram, Sohna and Karnal in Haryana. From these, seven projects have already been delivered to the buyers.

The company has even launched commercial real estate projects in Vaishali and Ghaziabad in Uttar Pradesh.

Image Source

Also read: Signature Global to infuse Rs 310 cr for affordable housing project

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..