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Signature Global has announced an investment of around INR 4,800 crore to develop a large luxury residential project in Gurugram, reflecting its expansion strategy amid sustained demand for premium homes. The newly launched project, Sarvam at DXP Estate, is located along the Dwarka Expressway and will comprise nearly 1,800 apartments across a 13.56-acre site. Positioned in the INR 3-4 crore price bracket, the development will be rolled out in phases and will focus strongly on sustainability and wellness-led living. The project is expected to support the company's annual sales targets while strengthening its presence in the high-end residential segment.
Real estate developer Signature Global plans to invest approximately INR 4,800 crore in the development of a luxury housing project in Gurugram as part of its strategy to scale operations and tap into strong consumer demand for premium homes. The project, titled Sarvam at DXP Estate, has been launched along the Dwarka Expressway in Sector 37D, one of the city's rapidly emerging residential corridors. Advertisement
Spread over 13.56 acres, the project will feature a total of 1,798 apartments. In the first phase, the company is offering around 50 per cent of the total inventory for sale, with apartment prices ranging between INR 3 crore and INR 4 crore. Construction activity is expected to commence shortly, with the overall development timeline extending up to 2032.
The investment will be funded largely through internal accruals, including customer advances, underscoring the company's confidence in cash flow generation from ongoing and upcoming launches. Signature Global is positioning the project as a wellness- and sustainability-focused development and has targeted IGBC Platinum certification. Several global wellness and lifestyle brands have been integrated into the project, including the Michael Phelps Swimming Academy.
The launch is expected to contribute meaningfully towards the company's annual sales booking target of INR 12,500 crore. Signature Global had recorded property sales worth over INR 10,000 crore in the previous financial year. While sales bookings saw some moderation in the first half of the current financial year, the company remains confident of meeting its full-year targets.
To support its growth plans, the developer has also raised capital through debt instruments and continues to expand its portfolio across income segments, having already delivered about 16 million sq ft of residential space.
Source - PTI
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