Gurugram-based Signature Global collaborates with ACC India for Sector 84 housing project
Signature Global, a prominent real estate developer based in Gurugram, has recently partnered with ACC India to handle significant aspects of its residential group housing project located in Sector 84, Gurugram, Haryana. The appointment of ACC India involves the responsibility of managing the civil, structural, and partial MEP (Mechanical, Electrical, and Plumbing) work for all towers, basements, and other ancillary buildings within the development.
A project of grand proportions
The endeavor, spanning four and a half acres, is poised to become a masterpiece, according to Lalit Aggarwal, Vice Chairman of Signature Global. Aggarwal expressed his belief that this project will be one of their most remarkable, adding to the already impressive portfolio of the real estate company. Besides its expansive size, the development will also feature one of the tallest buildings in the area.
Building landmarks with ACC
The selection of ACC India for handling critical aspects of the project reflects their reputation for executing landmark projects in the construction industry. Ani Ray, Managing Director of ACC India, noted that his company has been involved in noteworthy undertakings such as the Lodha Developers’ World ONE in Mumbai, consisting of an impressive 84 floors reaching a height of 285 meters. Other accomplishments showcased by Ray include Tata Housing & Keventers’ 88 East Kolkata and The 42, a development with an impressive 62 floors and a height of 255 meters. ACC India is also currently active in various projects in Delhi-NCR, collaborating with industry giants like DLF, TARC, Unity Group, and several others.
Signature Global’s solid market presence
Signature Global has garnered a significant market share, amounting to 36%, within the affordable and mid-housing segment in Gurugram. Their reputation, backed by prominent investors such as Nomura, HDFC, IFC, Standard Chartered, Bandhan MF, and Kotak, has positioned them well within the industry. The development company has already delivered an impressive 11 million square feet across its projects, which translates to over 30,000 homes since its establishment in the year 2014.
Promising future projects on the horizon
Looking ahead, Signature Global has an ambitious pipeline with upcoming investments totaling approximately 32.2 million square feet of saleable area. Simultaneously, the company has ongoing projects, covering 16.4 million square feet, scheduled to be finalized within the next 2-3 years. This robust portfolio signifies the company’s commitment to execute projects of considerable scale and meet the growing demand in the region.
In conclusion, Signature Global’s collaboration with ACC India demonstrates the commitment and expertise that both companies bring to the table. The significance of this partnership lies in the assurance that the residential group housing project in Sector 84, Gurugram, Haryana, will be constructed with utmost precision and excellence under the guidance of ACC India. As Signature Global continues to expand its market share and deliver remarkable housing solutions, the future of the company looks promising.
