Signature Global To Invest ₹4,000 Cr On Two New Projects In Gurugram

REALTY firm Signature Global is planning to invest around ₹4,000 crore to develop two new housing projects in Gurugram as part of its expansion plan, its Chairman Pradeep Kumar Aggarwal said.

- PTI @ New Delhi

In an interview with PTI, he said, in the next quarter, the company plans to launch more than 40 lakh square feet of area in two premium housing projects in Gurugram. "We will be focusing on the ₹2-5 crore price bracket, where we are seeing huge demand but limited supply," Aggarwal said.

He noted that the demand for residential properties, especially for big reputed players, remains strong, although he acknowledged that the frenzy seen in the last few years has subsided to some extent.