Signature Global is set to invest Rs 4,000 crore in developing two new housing projects in Gurugram as part of its expansion strategy.
The company plans to launch over 40 lakh sq. ft. of premium residential space in the next quarter. "We will be focusing on the Rs2-5 crore price bracket, where we are seeing huge demand but limited supply," Chairman Pradeep Aggarwal said, highlighting a gap in the high-end housing market.
The investment will cover land acquisition, construction, and other associated costs. These premium projects aim to cater to buyers looking for luxury homes in Gurugram, a city known for its high-end residential demand and infrastructure growth.