Signatureglobal announces 194-acre Farrukhnagar project with ₹5,500-6,000 crore GDV


Real estate developer Signatureglobal (India) Ltd on Friday (September 25) said it has acquired and collaborated on a 194.22-acre land parcel in Farrukhnagar, Gurugram, Haryana, for the development of an ultra-luxury farmhouse villa destination with an estimated GDV of ₹5,500-6,000 crore.

The transaction comprises 25 acres acquired through conveyance deeds and collaboration agreements for the development of projects on another 169.22 acres. The land parcel is expected to add approximately 6.77 million square feet of developable area to Signature Global’s development pipeline.

The company said the project will be an ultra-luxury, low-density residential development comprising exclusively designed luxury farmhouse villas, expansive green spaces and planned landscapes. It will also include curated sport, hospitality, leisure and lifestyle experiences.

ALSO READ | Signature Global Q1 update: Pre-sales grow 25% QoQ as sales realisation rises 12%

Signature Global said the development is being conceived as an invitation-only residential offering focused on space, privacy, greenery and bespoke amenities.

Location and connectivity

The land parcel is around a 15-minute drive from the Dwarka Expressway and has access to the Kundli-Manesar-Palwal (KMP) Expressway, along with frontage on the Farrukhnagar-Wazirpur Road.

The location provides access to Gurugram’s established residential and commercial hubs, as well as Delhi and the wider National Capital Region (NCR).

Infrastructure plans

Signature Global said the Farrukhnagar-Gurugram road is slated for a four-lane upgrade at an estimated investment of ₹365 crore. The region’s new master plan also prioritises enhanced road connectivity, bypass infrastructure and civic amenities.

ALSO READ | Signature Global shares gain after Q1 pre-sales rise 25% sequentially but other parameters drop

The proposed Gurugram-Farrukhnagar-Jhajjar highway is also being progressed through alignment planning by the National Highways Authority of India (NHAI).

The company said access to the KMP and Dwarka Expressways, proximity to the wider Gurugram-Manesar growth belt and regional infrastructure expansion are supporting the emergence of Farrukhnagar as a growth corridor within the wider NCR.

Pradeep Aggarwal, Founder and Chairman, Signature Global (India) Ltd, said, “Farrukhnagar has been on our radar for some time. Its proximity to the Dwarka Expressway and KMP Expressway, combined with the scale of open land available here, creates an opportunity to approach luxury living very differently.

We are not looking at this as a conventional residential development. The vision is to create an exceptionally private, low-density destination of luxury farmhouse villas for a select few, where space, greenery, privacy and curated experiences come together.

ALSO READ | Signature Global partners Tonino Lamborghini for premium residential project in Gurugram

With nearly 6.77 million square feet of developable potential, this is also a meaningful addition to our development pipeline. More importantly, it allows us to enter a segment where the product is defined not simply by the residence, but by the quality of the environment, the exclusivity of the community and the experiences built around it.

As infrastructure in this part of Gurugram continues to evolve, we believe Farrukhnagar offers the right setting for creating a distinctive ultra-luxury address.”

In the first quarter of this fiscal year, Signature Global reported sales bookings of ₹1,970 crore. The company has so far delivered 19.2 million sq. ft. of real estate. In FY2025–26, Signature Global recorded sales bookings of ₹8,250 crore, making it the fifth-largest listed real estate company in terms of sales bookings.

ALSO READ | SignatureGlobal sees steady FY26, bets on mid-income housing and commercial platform

Shares of Signatureglobal (India) Ltd ended at ₹788.55, up by ₹1.65, or 0.21%, on the BSE.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *