Signature Global Acquires 8.38 Acre in Gurugram’s Sector 37D
Real Estate

Signature Global Acquires 8.38 Acre in Gurugram’s Sector 37D

Signature Global (India) has acquired an 8.38-acre land parcel in Gurugram’s Sector 37D near Dwarka Expressway for Rs 2.852 billion (bn). With a developable potential of approximately 2 million square feet, the company plans to launch a residential project by the end of FY 2025-26, targeting revenue of Rs 32 bn. Chairman Pradeep Aggarwal highlighted the area’s rapid price appreciation and connectivity as key growth drivers. Signature Global currently holds 45.1 acre in Sector 37D, where it is developing ‘De-luxe DXP’ and other residential units. The company has delivered 13.5 million sq. ft. to date and has a pipeline of 46 million sq. ft. for execution over the next two to three years.

Signature Global (India) has acquired an 8.38-acre land parcel in Gurugram’s Sector 37D near Dwarka Expressway for Rs 2.852 billion (bn). With a developable potential of approximately 2 million square feet, the company plans to launch a residential project by the end of FY 2025-26, targeting revenue of Rs 32 bn. Chairman Pradeep Aggarwal highlighted the area’s rapid price appreciation and connectivity as key growth drivers. Signature Global currently holds 45.1 acre in Sector 37D, where it is developing ‘De-luxe DXP’ and other residential units. The company has delivered 13.5 million sq. ft. to date and has a pipeline of 46 million sq. ft. for execution over the next two to three years.

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Resources

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Infrastructure Energy

IREDA’s Loan Sanctions Surge 27% to Rs 474.53 Bn in FY 2024-25

The Indian Renewable Energy Development Agency Limited (IREDA) has reported a 27% increase in loan sanctions, reaching Rs 474.53 billion for FY 2024-25, as per provisional data. Loan disbursements also saw a 20% rise to Rs 301.68 billion, up from Rs 250.89 billion in the previous fiscal year. Additionally, the outstanding loan book expanded by 28%, standing at Rs 762.5 billion as of March 31, 2025, compared to Rs 596.98 billion in FY 2023-24. IREDA’s Commitment to Renewable Energy Growth Shri Pradip Kumar Das, Chairman & Managing Director, IREDA, emphasized the company’s commitment to t..

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