Signature Global (India) Limited has completed the land acquisition by purchasing an anticipated 1.28 Acres of land in Sector 71, Gurugram. The company executed two sale deeds for the transaction on Friday, April 24. The acquisition forms part of its strategy to expand its development pipeline in the region.
The acquired land parcel has a development potential of around 0.10 Million-SqFt. It is part of a larger 4.26 Acres planned project, where additional land acquisition is expected in future phases. Furthermore, the site is located along the Southern Peripheral Road corridor in Gurugram, a key real estate growth zone.
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The Signature Global Gurugram land acquisition will support future residential or mixed-use developments in the region. It will also strengthen the company’s land bank and project pipeline in one of NCR’s high-demand corridors.
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