Categories: LatestNEWSReal Estate

Signature Global Awards Rs 1,203 Crore Contract to Capacit’e for Gurugram Project

Signature Global, a prominent real estate developer, has made a significant stride in its growth trajectory by awarding a substantial construction contract to Capacit’e Infraprojects. The contract, valued at Rs 1,203 crore, is for the development of Titanium SPR, a premium residential project located in Sector 71, Gurugram. The 14.382-acre project is being developed in two phases, with the first phase encompassing 2.1 million square feet. The overall project offers a saleable area of 3.7 million square feet and comprises 608 luxury units.

Signature Global’s Chairman and Whole-Time Director expressed confidence in Capacit’e Infraprojects’ ability to deliver a world-class project. The company aims to set new benchmarks in luxury living with Titanium SPR, offering a range of premium amenities such as lagoon pools, sensory gardens, and triple-height lobbies. The strategic location of Titanium SPR on the Southern Peripheral Road (SPR) provides excellent connectivity to major commercial hubs and residential areas in Gurugram. This prime location, coupled with the project’s luxurious offerings, is expected to attract discerning homebuyers.

Signature Global has been experiencing strong growth in recent times. The company’s sales bookings for the second quarter of the current fiscal year surged to Rs 2,780 crore, a significant increase compared to the previous year. The company’s ambitious target of Rs 10,000 crore in sales bookings for the current fiscal year underscores its confidence in the market. With a strong track record and a robust project pipeline, Signature Global is poised to continue its upward trajectory and contribute to the growth of the Gurugram real estate market.

MMR Today

Recent Posts

Mumbai Property Registrations See 5 Percent Growth in November 2024

Mumbai’s real estate market witnessed a 5% year-on-year (YoY) increase in property registrations in November…

3 months ago

Max Estates to Raise ₹800 Crore for Land Acquisition and Expansion of Commercial and Residential Spaces

Max Estates, a leading real estate company, has announced that it will use the ₹800…

3 months ago

Ahmedabad Witnesses Urban Progress Amid Health Challenges

Ahmedabad’s bustling SG Highway, a critical arterial road, will soon feature five new foot-over bridges…

3 months ago

Ahmedabad’s New Oxygen Park: A Breath of Fresh Air

Amid rising pollution concerns across India, Ahmedabad is set to host a transformative green initiative…

3 months ago

Telangana Sees 3% Growth in Property Registration Revenue in November 2024

The Telangana government experienced a modest increase in its revenue from property registrations, registering a…

3 months ago

Amazon’s ₹450 Crore Land Deal Near Mumbai Signals Growth

In a landmark transaction, Amazon Data Services Pvt Ltd has acquired a 38-acre land parcel…

3 months ago