Signature Global to Invest Rs 550 Crore to build Housing Project in Gurugram

Signature Global to Invest Rs 550 Crore to build Housing Project in Gurugram

Realty firm Signature Global will invest Rs 550 crore to develop the second phase of its housing project in Gurugram. Last month, Signature Global, which focuses on building affordable housing projects, had raised long term capital of Rs 400 crore from HDFC Capital’s realty fund.

The company said in a statement that it will construct 864 independent floors in the second phase, same as the first phase.

The total project cost is Rs 550 crore for the second phase, the company said, adding that the independent floors would be sold in a price range of Rs 62-72 lakh.

Pradeep Aggarwal, Chairman and whole-time director, Signature Global (India) Ltd. said the demand of independent floors have increased in the last two years.

The project — Signature Global Park 4 & 5 — will be developed under the Haryana government’s Deen Dayal Jan Awas Yojana (DDJAY).

In the last 7-8 years, Signature Global has launched more than 30 housing projects, mainly in Gurugram, Sohna and Karnal (Haryana), and out of these, seven projects have already been delivered.

The company has also launched commercial projects in Vaishali and Ghaziabad, Uttar Pradesh.

Source :ET

Related Posts

The Municipal Corporation of Gurugram (MCG) next month is likely to start constructing a 1.2km stretch, linking Tulip Chowk to...
The project to revamp the road between the Hero Honda Chowk and the Umang Bhardwaj Chowk, already delayed by around...

About us

We are a real estate consultancy firm working in Gurugram & Delhi/NCR with a global mindset, bringing together exciting real estate developments and investment opportunities under one roof. All our services are delivered with professionalism and politeness.

This website is in the process of being updated. by accessing this website, the viewer confirms that the information including brochures and marketing collaterals on this website are solely for informational purposes only and the viewer has not relied on this information for making any booking/purchase in any project of the company. Nothing on this website, constitutes advertising, marketing, booking, selling or an offer for sale, or invitation to purchase a unit in any project by the company. The company is not liable for any consequence of any action taken by the viewer relying on such material/ information on this website.

All trademarks, logos, and names are properties of their respective owners. All Rights Reserved.Ⓒ Copyright 2020-22  © Property in Gurugram  Blog

ENQUIRE NOW

NO BROKERAGE | BEST DEAL Guaranteed

ENQUIRE NOW