Signature Global To Invest Rs 48 Billion In Gurugram Luxury Project

30 Dec 2025 CW Team

Signature Global has announced plans to invest around Rs 48 billion to develop a premium residential project, Sarvam at DXP Estate, on the Dwarka Expressway in Sector 37D, Gurugram. Spread across 13.56 acres, the project will comprise 1,798 luxury apartments and marks a major expansion by the developer amid sustained demand for high-end housing.

As part of the initial phase, the company plans to offer around 50 per cent of the total units, with prices ranging between Rs 30 million and Rs 40 million per apartment. Construction is expected to commence shortly, with the entire project scheduled for completion by 2032. Signature Global said the development will be largely funded through internal accruals, including customer advances, underscoring a conservative capital structure.

The project has been designed with a strong focus on sustainability and wellness, and is targeting Indian Green Building Council Platinum certification. It will feature a range of lifestyle amenities, including the Michael Phelps Swimming Academy, positioning it as a differentiated offering in Gurugram’s luxury housing market.

The launch is expected to support Signature Global’s ambition to achieve annual sales bookings of around Rs 125 billion and further strengthen its position among India’s leading real estate developers. Founder and Chairman Pradeep Aggarwal said the total investment in the project is estimated at approximately Rs 48 billion, reflecting the company’s confidence in long-term demand along the Dwarka Expressway corridor.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..