Signature Global Raises Rs 400 Crore from HDFC Capital Affordable Real Estate Fund 3

Signature Global Raises Rs 400 Crore from HDFC Capital Affordable Real Estate Fund 3

NCR-based affordable housing real estate company Signature Global has raised long term capital of Rs 400 crore from HDFC Capital Affordable Real Estate Fund 3 (H-CARE 3) – a fund managed by HDFC Capital.

The funding will be utilised for land acquisition and development of affordable housing projects in Haryana in line with the government’s mission of “Housing for All”.

“We have strong credentials of providing value homes at affordable prices to our customers. As one of the leading players in affordable housing, our focus has been to build a strong foundation through which we can launch many more affordable housing projects in north India. HDFC Capital’s investment is a significant achievement for us as it reposes faith in our execution capabilities,” said Pradeep Aggarwal, Founder and Chairman of Signature Global.

Signature Global is primarily focused on the development of affordable housing projects in the National Capital Region (NCR).

Signature Global has plans to create good quality affordable homes and community spaces over the coming years. The company is focussed on developing affordable housing projects under Haryana’s affordable housing policy (HAHP)and developing independent floors under DDJAY (Deen Dayal Jan Awas yojna) affordable plotting policy.

“We are gratified and motivated to continue developing green, affordable and world-class real estate developments. We further aim to redefine the current conventions of Indian real estate development by championing excellence – in craftsmanship, planning and service,” Aggarwal said.

The company promotes the concept of creating sustainable real estate projects with the best-in-class amenities for the customers. The company has received several IGBC Gold certifications, along with numerous EDGE green building certifications, an advanced global certification that demonstrates a commitment to green buildings in terms of water efficiency, energy efficiency, and environmental benefits.

Signature Global deploys the latest innovative technologies for all its projects with a focus on speed, quality and efficiency of construction.

Source : ET

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