Real estate firm Signature Global kicked off the second phase of two luxury free-standing floor projects on Friday.
The broker will give the remaining 50% of the unit to the client in the second phase of the project.
Our first project Signature Global City 37D is located in Sector 37D and another project SG City 81 is located in Sector 81 Gurugram. Both are premium luxury offerings.
The first project has a total of 536 units with his BHK floors on the 2nd and 3rd floors. Independent floor of the project costs between Rs 82 lakh and Rs 1.29 crore. Another project, SG City 81, has 408 units with separate He BHK floors on the 2nd and 3rd floors of the second phase. Their price range is Rs 89 lakh – Rs 1.06 crore.
The real estate company is now focused on mid-segment affordable housing.
The company has expanded its operations over the years and as of March this year in the Delhi NCR area he has 23,453 residential and commercial units for sale, with total retail space of his 14.59 million square feet. Sales bookings (excluding cancellations) grew from INR 440 crore in 2019-20 to INR 2.59 crore in FY2022 at a CAGR of 142.62%.
“Due to the pandemic, consumers’ everyday needs have experienced a paradigm shift, now favoring open green spaces around their homes and nearby amenities. Due to consumer demand, we are considering offering more advanced and modern amenities on separate floors,” said Founder and Chairman of Signature Global (India) Ltd. As one Pradeep Aggarwal puts it:
The project was designed by renowned architect Hafeez Contractor. These independent floors are developed under the DDJAY (Deen Dayal Awas Yojna) government housing policy and are redundant with EDGE certification (a global green certification by IFC, the financial arm of the World Bank).
“We have strategically focused on central and state government policies to support affordable housing. Approved Affordable Housing Policy (AHP) and Affordable Plotted Housing Policy or Deen Dayal Jan Awas Yojana (DDJAY) -APHP),” the company said.
In addition, SG City 37 D is well connected with the proposed National Highway Pataudi Road, Dwarka Expressway, National Highway 8 and Hero Honda Chowk, another project, SG City 81, is well positioned. , Cyber City, Udyog Vihar, and Golf Course Extension Road, Sohna and Manesar.