Categories: LatestNEWSReal Estate

Signature Global Targets Delhi-NCR Expansion

Signature Global, a prominent name in Gurugram’s real estate sector, is poised to make a significant impact on the Delhi-NCR region. The company has recently raised Rs 730 crore through a successful initial public offering (IPO), bolstering its financial position and enabling it to embark on ambitious expansion plans.

With a proven track record of delivering over 11 million square feet of developed space, Signature Global is now targeting a substantial increase in its development portfolio. The company plans to develop an additional 32.2 million square feet of saleable area in upcoming projects, complementing its current ongoing developments. Key areas of focus for Signature Global’s expansion include prime locations in Gurugram, such as Sector-71, the Southern Peripheral Road, Sector 37D along the Dwarka Expressway, and the Sohna region.

The company is strategically acquiring land in these high-demand areas to capitalize on the growing real estate market. One of the most notable projects in Signature Global’s pipeline is a 130-acre mixed-use development in Sohna. This project is expected to generate substantial revenue, exceeding Rs 5,000 crore. The development will feature a diverse range of offerings, including residential and commercial spaces, retail outlets, and industrial and business plots. Signature Global’s expansion into these new markets underscores its commitment to capitalizing on the burgeoning opportunities within India’s real estate sector. The company’s strategic investments and project launches are poised to redefine the real estate dynamics of the Delhi-NCR region and contribute to the broader economic growth of the area.

MMR Today

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