Signatureglobal Acquires 194 Acre Land Parcel for ₹5,500-6,000 Cr GDV Project
Signatureglobal (India) Ltd has acquired and collaborated for a 194.22-acre land parcel in Gurugram, Haryana. The acquisition includes 25 acres purchased via conveyance deeds and collaboration for an additional 169.22 acres. This strategic move is expected to add approximately 6.77 million square feet of developable area to the company's pipeline, with an estimated Gross Development Value (GDV) of ₹5,500-6,000 crore. The project, located in Gurugram West (Farrukhnagar), is envisioned as an ultra-luxury farmhouse villa destination, emphasizing low-density, exclusive living with expansive greens and bespoke amenities. The location offers strategic connectivity to major expressways and proximity to Gurugram's commercial hubs, positioning it as a significant addition to Signature Global's ultra-luxury real estate portfolio.
Key Highlights
- Acquired 194.22 acres in Gurugram for a luxury farmhouse villa project.
- Adds 6.77 million sq. ft. developable area with an estimated GDV of ₹5,500-6,000 crore.
- Acquisition comprises 25 acres purchased and 169.22 acres via collaboration.
- Project targets ultra-luxury, low-density living with premium amenities.
- Strategic location offers excellent connectivity to expressways and NCR.
Price Impact
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