With this exceptional and highly aspirational move, Signature Global has strategically positioned itself on a robust growth trajectory with the introduction of group housing projects in Gurugram. These prime locations, lying along the Dwarka Expressway and the Southern Peripheral Road, are going to redefine the city’s real estate setting. With the forecasted sales potential of more than Rs 8,500 crore in the current fiscal year i.e. FY 23-24. Signature Global is creating ripples in the dynamic real estate market. They are totally determined to scale it to enormous heights.
Expanding Horizons by Signature Global: Land Acquisition on Southern Peripheral Road
Signature Global has recently finalized the documentations for the acquisition of 25.14 acres of land in Sector 71, Gurgaon, along the Southern Peripheral Road (SPR). This strategic move marks the initiation of their upcoming mixed-use development project. This Project will seamlessly integrate residential and commercial components. The estimated expenditure for this acquisition and the approvals related to the project stands at an approximate Rs 750 crore. Things like these underline the company’s commitment to deliver exceptional residential and business spaces.
Pradeep Kumar Aggarwal, the Chairman and Director of Signature Global has expressed his positive hopes about the company’s growth. He is also quite optimist about the real estate market in the National Capital Region (NCR), particularly in Gurugram. He emphasized on the exceptional transformation and revitalization of the Southern Peripheral Road. The other thing that he focussed on was the ongoing developments along the Dwarka Expressway, establishing Gurugram as a leader in the years to come.
Signature Global is revitalizing Gurugram’s Infrastructure:
Gurugram is going to witness the completion of many large-scale infrastructure projects, adding another dimension to the city’s real estate potential. The impending inauguration of the Dwarka Expressway by the National Highways Authority of India (NHAI) in the next few months is expected to be a game-changer. This development is going to provide a significant boost to the real estate sector in Gurugram, unlocking opportunities for both residential and commercial projects.
The completion of housing and commercial projects along the Dwarka Expressway has increased anticipation among the customer, with strong customer interest witnessed in recent months. The Haryana government’s announcement to revamp the Southern Peripheral Road, with an estimated investment of Rs 850 crores is going to further amplify the potential of real estate of this location. Gurugram, with its strategic infrastructure projects and planned development, is becoming the favourite destination for real estate investors.
Remarkable Performance of Signature Global: A Testimony to Market Demand
During the first half of the fiscal year ending September 30, 2023, Signature Global reported its best-ever pre-sales figures at Rs 18,614 million, reflecting an impressive YoY growth of 37.6%. In the second quarter only, the company’s pre-sales recorded a noteworthy growth of 4.2%, totaling Rs 9,816 million. These remarkable figures underline the strong market demand for Signature Global’s projects and the company’s firm commitment to deliver quality real estate solutions.
Focus on Dwarka Expressway: A Hotspot for Real Estate Investment
The Dwarka Expressway has emerged as the focal point for real estate investors, and Signature Global is the frontrunner of this transformation. The upcoming inauguration of the expressway and the completion of long-awaited housing projects are generating significant interest among potential homebuyers and investors alike.
Signature Global’s focus on infrastructure projects along the Dwarka Expressway is also aligning with the increasing demand for residential and commercial spaces in this prime area. As the Haryana government invests in the revitalization of Southern Peripheral Road, the overall real estate market in Gurugram is set to witness a positive surge.
Conclusion: Signature Global’s Vision for Gurugram’s Real Estate Future
Signature Global’s strategic moves in acquiring prime land and focusing on key infrastructure projects will make it a key player in Gurugram’s real estate growth. The Dwarka Expressway and Southern Peripheral Road are not just geographical locations but symbols of Gurugram’s evolving real estate landscape and the Governments plan to make Gurgaon a world class metropolitan hub.
Signature Global’s commitment to provide quality living and business spaces, coupled with its impressive sales figures, reinforces its position as a developer attuned to market demands. As the best place for real estate investment in Gurgaon takes center stage, Signature Global stands as a testament to the city’s potential, offering not just properties but a vision for a vibrant and thriving future.