Signature Global Unveils ₹2,200 Crore Gurugram Housing Marvel

Signature Global Unveils ₹2,200 Crore Gurugram Housing Marvel

A Bold Step Toward Growth and Excellence

Signature Global, a leading force in India’s real estate sector, is charting a new course with a monumental ₹2,200 crore investment in a premium residential project in Gurugram. This ambitious initiative is set to redefine luxury living in the National Capital Region (NCR) and marks a significant milestone in the company’s journey toward sustained growth and innovation.

Redefining Luxury on Southern Peripheral Road

The newly launched project, ‘Cloverdale’, is located on Southern Peripheral Road (SPR), Sector 71, Gurugram, and comprises 770 premium apartments. Spread across 8 acres—part of a larger 22-acre master plan—the development offers homes priced between ₹4 crore and ₹7 crore, catering to discerning buyers seeking exclusivity and world-class amenities. The project is scheduled for completion by 2031, promising a blend of modern design, green spaces, and top-tier infrastructure.

A Year of Record Achievements

Signature Global has emerged as the fifth largest listed real estate developer in India, achieving record pre-sales of ₹10,290 crore last fiscal. The company has set an ambitious target of ₹12,500 crore in pre-sales for the current fiscal, reflecting its confidence in the robust demand for premium and mid-income housing in Gurugram. “Housing demand continues to be strong in this city, especially for reputed builders,” said Pradeep Kumar Aggarwal, Chairman of Signature Global.

Expanding Horizons: Land and Construction Investments

• ₹4,000 crore investment planned this fiscal for land and construction
• ₹1,070 crore invested last year to purchase 48 acres in Gurugram
• ₹1,200–1,500 crore earmarked for additional land acquisition
• ₹2,500 crore allocated for construction activities in 2025–26

Beyond the ₹2,200 crore housing project, Signature Global is investing ₹4,000 crore this fiscal to acquire land parcels and drive construction activities across Gurugram. Last year, the company invested ₹1,070 crore to purchase 48 acres of land, and it plans to invest an additional ₹1,200–1,500 crore in land acquisition this year. Construction investment is slated to reach ₹2,500 crore in 2025–26, up from ₹1,900 crore in the previous fiscal.

Strengthening the Financial Foundation

To support its expansion, Signature Global recently announced plans to raise ₹875 crore through non-convertible debentures. Of this, ₹450 crore will be used to refinance existing debt, while the remaining funds will fuel business growth. The company aims to complete this fundraising by the end of August, pending shareholder approval.

A Legacy of Trust and Innovation

Since its inception, Signature Global has delivered 13.5 million square feet of housing projects and boasts a robust pipeline of 21.6 million sq ft in upcoming projects, along with 46.38 million sq ft of ongoing developments targeted for completion within the next 2–3 years. The company’s financial performance has also soared, with net profit jumping to ₹101.2 crore last fiscal, up from ₹16.32 crore the previous year, and total income rising to ₹2,637.99 crore from ₹1,324.55 crore.

A Vision for the Future

Signature Global’s strategic focus on premium and mid-income segments, combined with its ability to anticipate market trends, has positioned it as a trusted name in Indian real estate. As the company continues to expand its footprint and deliver value to customers, it remains committed to shaping the future of urban living in the NCR and beyond.