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

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..