From The Economic Times · Faizan Haidar · · 1m
Signature Global Signs Gurugram Land Pact
Signature Global targets Rs 5,500-6,000 crore GDV with 194-acre Gurugram land deal.
In brief
Signature Global targets Rs 5,500-6,000 crore GDV with 194-acre Gurugram land deal. Signature Global plans a low-density luxury housing project in Gurugram with Rs 5,500-6,000 crore gross development value. Originally reported by The Economic Times.
Land Deal Announcement
Signature Global has acquired 25 acres for Rs 150 crore and entered into a collaboration agreement for 169.22 acres in Gurugram.
Fiscal Year Spending Shift
The company earmarked Rs 1,200-1,500 crore for land acquisitions in FY27, more than double FY26 spending.
Project Vision
Pradeep Aggarwal states Farrukhnagar's proximity to expressways creates opportunity for luxury living beyond conventional residential development.
Development Potential
The project offers 6.77 million sq. ft. of developable potential with expected gross development value of Rs 5,500-6,000 crore.
Low-Density Strategy
Rather than high-density residential development, the project is planned as a low-density private enclave.
Strategic Location
The land parcel is 15 minutes from Dwarka Expressway with access to KMP Expressway and Farrukhnagar-Wazirpur Road.
The takeaway
Signature Global plans a low-density luxury housing project in Gurugram with Rs 5,500-6,000 crore gross development value.
