Signature Global to Invest Rs 40 Bn in Two New Projects in Gurugram

17 Mar 2025 CW Team

Signature Global, a prominent real estate firm, plans to invest approximately Rs 4,000 crore in two new housing projects in Gurugram. This investment is part of the company’s strategic expansion. Chairman Pradeep Kumar Aggarwal confirmed that the total cost of the projects, including land, construction, and associated expenses, would be around Rs 4,000 crore.

In terms of operational performance, Signature Global reported property sales of Rs 8,670 crore during the April-December period of this fiscal year, a substantial increase from Rs 3,120 crore in the previous year. The company’s average pre-sales realisation also rose to Rs 12,565 per square foot during this period, up from Rs 11,762 per square foot in the previous year.

For the current fiscal, Signature Global has set a target of Rs 10,000 crore in sales bookings, a significant increase from the previous year’s Rs 7,270 crore. The company has also reduced its net debt to Rs 740 crore by the end of December 2024, down from Rs 1,020 crore in Q2 of this fiscal.

Infrastructure Urban

31 Jul 2026

SCLR Extension Nears Completion Linking BKC With Signal-Free Route

The Santacruz-Chembur Link Road (SCLR) extension towards Bandra-Kurla Complex (BKC) via the Mumbai University campus has entered its final stage, bringing motorists closer to a direct, signal-free connection between the Western Express Highway and the city’s commercial district. The elevated connector is being built as an arm from the SCLR alignment and will link the western suburbs with BKC without surface signals. The link is designed to reduce journey times for commuters travelling from the western suburbs to BKC and to improve access to eastern Mumbai. By carrying through traffic above s..

Raiganj MP Seeks Bengal Only Highway Link To Siliguri

Raiganj Member of Parliament Kartik Chandra Paul met Union Minister for Road Transport and Highways Nitin Gadkari in New Delhi to press for a new stretch of national highway in North Dinajpur district. He urged approval for a Bengal-to-Bengal link that would connect National Highways 12 and 27 to allow vehicles bound for Siliguri to avoid the current route through Kishanganj in neighbouring Bihar. He also submitted a proposed alignment of the new road to the ministry for consideration. At present vehicles from Raiganj travel along NH-12 and join NH-27 at Purnia More in Dalkhola, a route that p..

Airport Kilambakkam Metro Line To Be Extended To Chengalpattu

Chennai Metro Rail (CMRL) has invited tenders for two detailed project reports that would extend its rail network to Chengalpattu in the south and extend Corridor-5 to Wimco Nagar in the north as part of a second wave of expansion beyond the operator's corridors under construction. The move signals an acceleration of planning for suburban links and interchange nodes. The larger of the two studies covers a roughly 27km extension from the planned Kilambakkam metro station to Chengalpattu under Corridor-1, Phase I. CMRL floated the tender at an estimated cost of Rs 21.6 mn. The proposed line woul..