Signature Global (India) Ltd., a prominent real estate developer, has acquired an 8.39-acre land parcel in Sector 37D, Gurugram, near the rapidly growing Dwarka Expressway, for ₹282.42 crore. The transaction was formalized on March 20. The site holds a development potential of nearly 2 million sq. ft., with plans to launch the project by the end of FY 2025-26, targeting an estimated revenue of ₹3,200 crore.
Commenting on the acquisition, Pradeep Aggarwal, Founder & Chairman of Signature Global, highlighted the growth trajectory of Gurugram’s real estate market, citing a 58% YoY increase in housing prices along the Dwarka Expressway. He noted Sector 37D’s strategic location and rising appeal among investors, expressing confidence in strong market reception for their upcoming development.
Signature Global already holds a 45.1-acre land bank in Sector 37D, branded as DXP Estate, where the company is developing a mix of high-rise and low-rise residential units. In the first nine months of FY 2024-25, they added 2.9 million sq. ft. of saleable area in this micro-market. The company is also advancing construction of ‘De-luxe DXP’, its flagship residential project, with Ahluwalia Contracts (India) Ltd. handling the ₹1,144 crore contract awarded in September 2024.
To date, Signature Global has delivered 13.5 million sq. ft. of residential space and has a project pipeline of approximately 46 million sq. ft. to be developed over the next 2–3 years, reinforcing its position as a key player in India’s urban housing sector.
