Signatureglobal (India) acquires two land parcels in Gurugram
These lands have an overall potential sales area of approximately 0.53 million square feet
Signatureglobal (India) has acquired two land parcels in Gurugram totalling 10 acres to build housing projects. The company’s subsidiary firm has executed two sale deeds to purchase the lands admeasuring approximately 9.96 acres situated at Tehsil Sohna, District Gurugram, Haryana. These lands have an overall potential sales area of approximately 0.53 million (5.3 lakh) square feet.
The company would invest around Rs 1,200-1,500 crore to acquire land parcels as part of its expansion plan. The company had invested Rs 1,070 crore last fiscal year to purchase 48 acres of land in Gurugram, Haryana.
Signatureglobal (India) is a real estate development company. The company operates in the National Capital Region of Delhi (Delhi NCR). The company strategically focused on the Affordable Housing segment and the Middle Income Housing segment through GoI and state government policies.
