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Signature Global sold 1000 units in Gurugram for more than Rs 3,600 crore

Q: What is the total sales value achieved by Signature Global for its luxury housing project in Gurugram?

Signature Global has achieved sales exceeding Rs 3,600 crore for its luxury housing project in Gurugram.

Q: What kind of features and amenities are modern-day consumers seeking?

The modern-day consumers are seeking a combination of features, amenities, space, and affordability to meet the demands of the new age lifestyle.

Q: what are the driving factors behind the increasing demand in the mid-housing segment?

According to Pradeep Aggarwal, the increasing demand in the mid-housing category is due to reasons such as rising middle-class income, improved spending power, and higher consumer ambitions.

Q: What are the areas of focus for Signature Global in terms of housing segments?

Signature Global primarily focuses on mid-income and affordable housing segments, catering to the needs of a diverse population.

Q: What is the sales potential of Signature Global's project 'DE LUXE-DXP' in Sector 37D, Gurugram?

The project 'DE LUXE-DXP' has a sales potential of 2.7 million square feet and is spread over 16.5 acres.

March 4, 2024

2 min read

In the previous two years, there has been a surge in housing demand, particularly for premium residences which helped in raising the supply of luxury residential projects from top builders including DLF and multiple others.

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Table of content

Realty firm Signature Global Update
Details of the Project
Chairman's Statement
Response and Development

Realty firm Signature Global Update

Realty firm Signature Global on Sunday said it has sold more than 1,000 flats in its luxury housing project in Gurugram for over Rs 3,600 crore on strong demand for residential projects.

Housing demand has been very strong in the last two years, especially in the luxury homes segment.

Details of the Project

Project Name	Location	Total Sales	Sales Potential
DE LUXE-DXP	Sector 37D, Gurugram	Rs 3,600 crore	2.7 million square feet

In a regulatory filing, Signature Global informed that it has achieved "pre-formal launch sales of more than Rs 3,600 crore for its latest premium housing residential development project 'DE LUXE-DXP' at Sector 37D in Gurugram. The project is spread over 16.5 acres and has a sales potential of 2.7 million square feet."

Chairman's Statement

Pradeep Aggarwal, Chairman of Signature Global, said, "With growing affluence in the middle class, a significant population segment has developed better purchasing power and higher aspirations". These factors have led to growing demand in the mid-housing segment, he added. "...modern-day consumers are seeking a mix of features, amenities, space, and affordability to fulfill the demands of the new age lifestyle," Aggarwal said.

Response and Development

NRI (non-resident Indians) and big corporate employees have shown immense response.
Signature Global is mainly into mid-income and affordable housing segments.

Till December 2023, Signature Global has delivered a 6.7 million square feet area. It is developing a 16.9 million square feet area and also has a forthcoming pipeline of 28.4 million square feet of saleable area.