Signature Global Awards Rs 1,144 Cr Order to Ahluwalia Contracts
By Rediff Money Desk, New Delhi Sep 08, 2024 11:40
Signature Global has awarded a Rs 1,144 crore construction contract to Ahluwalia Contracts for its luxury housing project 'De-luxe DXP' in Gurugram. The project, located in Sector 37D, spans 16.65 acres and comprises 1,008 units.
New Delhi, Sep 8 (PTI) Realty firm Signature Global has given Rs 1,144 crore construction work order to Ahluwalia Contracts for development of its luxury housing project in Gurugram.
The project, 'De-luxe DXP' is located in Sector 37D, Dwarka Expressway, Gurugram.
Spread over 16.65 acres, the housing project has 1,008 units. The total developable area is 28.12 lakh square feet, Signature Global said in a statement on Sunday.
Lalit Kumar Aggarwal, Vice Chairman of Signature Global (India) Ltd, said the company has started construction work in this project and collaborated with Ahluwalia Contracts to ensure timely delivery of the project with best amenities.
Signature Global said it achieved a record pre-sale of over Rs 3,600 crore within a few days of pre-launch of this project.
Ahluwalia Contracts aims to complete the project within 5 years.
Signature Global has so far delivered 11 million square feet of area across various projects.
It has a pipeline of 32.2 million square feet of saleable area in its forthcoming projects along with 16.4 million square feet of ongoing projects.
In 2023-24, Signature Global achieved sales booking of Rs 7,270 crore and has set a target of Rs 10,000 crore worth sales in the current fiscal.
The project, 'De-luxe DXP' is located in Sector 37D, Dwarka Expressway, Gurugram.
Spread over 16.65 acres, the housing project has 1,008 units. The total developable area is 28.12 lakh square feet, Signature Global said in a statement on Sunday.
Lalit Kumar Aggarwal, Vice Chairman of Signature Global (India) Ltd, said the company has started construction work in this project and collaborated with Ahluwalia Contracts to ensure timely delivery of the project with best amenities.
Signature Global said it achieved a record pre-sale of over Rs 3,600 crore within a few days of pre-launch of this project.
Ahluwalia Contracts aims to complete the project within 5 years.
Signature Global has so far delivered 11 million square feet of area across various projects.
It has a pipeline of 32.2 million square feet of saleable area in its forthcoming projects along with 16.4 million square feet of ongoing projects.
In 2023-24, Signature Global achieved sales booking of Rs 7,270 crore and has set a target of Rs 10,000 crore worth sales in the current fiscal.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Entero Healthcare So
- 1,333.00 (+ 1.48)
- 2400000
- Nuvama Wealth Manage
- 6,900.00 (+ 1.92)
- 2209907
MORE NEWS
Gulf Oil Promoter Sells 4% Stake for Rs 263 Crore
Gulf Oil International Mauritius Inc. sold a 4% stake in Gulf Oil Lubricants India for...
Zaggle Acquires Stakes in Span Across IT &...
Fintech firm Zaggle invests Rs 48 crore in Span Across IT Solutions and Mobileware...
Swiggy Files Updated IPO Papers: Eyes Rs 3,750 Cr
Swiggy files updated IPO papers with Sebi, aiming to raise Rs 3,750 crore through fresh...