Signature Global to Invest Rs.25 Bn in FY25 Housing Projects
Real Estate

Signature Global to Invest Rs.25 Bn in FY25 Housing Projects

Real estate developer Signature Global is set to invest ?25 billion in residential projects for the fiscal year 2024-25. Chairman and Managing Director Pradeep Aggarwal announced this substantial investment, highlighting the company's commitment to expanding its housing portfolio. The funds will be allocated to developing new residential properties, aiming to cater to the increasing demand for affordable housing.

Aggarwal stated that the investment will primarily focus on projects in the Delhi-NCR region, a market where the company has established a strong presence. Signature Global plans to launch several new projects, providing modern, affordable housing solutions. This strategic move aligns with the company's vision to deliver high-quality, budget-friendly homes to middle-income buyers.

The real estate firm has already secured the necessary land and regulatory approvals for these projects, ensuring a smooth execution process. Signature Global's commitment to timely delivery and quality construction has been a significant factor in its growing reputation within the real estate sector.

In addition to new project launches, the company will also continue to develop and complete its ongoing projects. This dual approach of initiating new ventures and ensuring the completion of existing ones underscores Signature Global's comprehensive strategy to meet market demands.

The substantial investment reflects the company's confidence in the growth potential of the real estate market, particularly in the affordable housing segment. Signature Global's aggressive expansion plans are expected to contribute significantly to addressing the housing needs in urban areas, promoting economic growth and development.

Real estate developer Signature Global is set to invest ?25 billion in residential projects for the fiscal year 2024-25. Chairman and Managing Director Pradeep Aggarwal announced this substantial investment, highlighting the company's commitment to expanding its housing portfolio. The funds will be allocated to developing new residential properties, aiming to cater to the increasing demand for affordable housing. Aggarwal stated that the investment will primarily focus on projects in the Delhi-NCR region, a market where the company has established a strong presence. Signature Global plans to launch several new projects, providing modern, affordable housing solutions. This strategic move aligns with the company's vision to deliver high-quality, budget-friendly homes to middle-income buyers. The real estate firm has already secured the necessary land and regulatory approvals for these projects, ensuring a smooth execution process. Signature Global's commitment to timely delivery and quality construction has been a significant factor in its growing reputation within the real estate sector. In addition to new project launches, the company will also continue to develop and complete its ongoing projects. This dual approach of initiating new ventures and ensuring the completion of existing ones underscores Signature Global's comprehensive strategy to meet market demands. The substantial investment reflects the company's confidence in the growth potential of the real estate market, particularly in the affordable housing segment. Signature Global's aggressive expansion plans are expected to contribute significantly to addressing the housing needs in urban areas, promoting economic growth and development.

Next Story
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?