Signature Global Secures Over 8 Acres in Gurugram at ₹282 Crore

In a significant milestone in the Delhi-NCR real estate sector, Signature Global has obtained more than 8 acres of land in Gurugram for ₹282 crore. This transaction involves a 25,000-square-yard piece of land in Sector 37D near the Dwarka Expressway and represents yet another strategic initiative by the developer to grow its residential footprint and effectively manage the opportunities that may come available during this phase of growth in the Gurugram area. 

Signature Global has just acquired over 8 acres of land in one of the hottest investment destinations in Gurugram.  Located in Sector 37D, right off the popular Dwarka Expressway, this location offers great connectivity to major employment centers, the airport, and growing metro connectivity. Thus, Sector 37D has not only all the above-mentioned attributes, which makes it appealing for development today, but also strong potential for future appreciation in value.

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This acquisition comes to reinforce Signature Global’s already significant land bank in Sector 37D, where it currently owns 45.1 acres, under the DXP Estate brand. Signature Global has acquired more than 8 acres of land and has inherent development potential of approximately 2 million square feet with this acquisition. Signature Global will commence a new residential project at this site in the next financial year (2025-26), which is anticipated to generate revenues of around ₹3,200 crore.

This acquisition by Signature Global is indicative of a sustained commitment to capturing strong growth opportunities within the Delhi-NCR market. The opportunity to acquire over 8 acres represents an expansion of geographic footprint and further strengthens the company's  leadership position in the sector. Signature Global's strategic acquisition is expected to generate significant interest from the investment community as a major participant in the residential segment and provide more evidence of credibility in delivering quality residential housing projects.

In the first nine months of the 2024-25 fiscal year, the developer has added nearly 2.9 million square feet of sellable area, demonstrating its strong execution track record. Signature Global’s current pipeline of about 46 million square feet in future and upcoming projects position the company to capitalize on these additions to drive growth.

The announcement that Signature Global acquires over 8 acres of land in Gurugram for ₹282 crore, marking yet another significant milestone, is a significant step for the developer. The location in Sector 37D, along the Dwarka Expressway, and high development potential combine to make the land a great addition to Signature's residential portfolio. As Signature Global gets ready to launch its new residential project with a projected revenue-giving potential of ₹3,200 crore, this acquisition provides additional growth trajectories with significant value addition to stakeholders. This deal reinforces the developer's vision and commitment to making Gurugram a destination for modern, sustainable living.

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