Listed real estate company Signature Global has entered into a joint development agreement for a 20.32 acre land parcel in Gurugram’s Southern Peripheral Road and will be developing a housing project with a revenue potential of ₹4500 crore, the company said in a regulatory filing.
(File Pic) Listed real estate company Signature Global has entered into a joint development agreement for a 20.32 acre land parcel in Gurugram’s Southern Peripheral Road and will be developing a housing project (Picture for representational purpose only) (Photo by Parveen Kumar/Hindustan Times)
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The development potential of the land parcel, located in Sector 71, is approximately 2.84 million square feet, it said.
Earlier, the company had signed three separate joint development agreements to develop group housing projects. The total size of the land parcels is 21.38 acres with a combined development potential of 3.22 mn sq ft and potential revenue realization of ₹5000 crore, the company had said.
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Home/Real Estate/Signature Global acquires 20 acres land for a housing project in Gurugram
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