In a significant move that highlights the continuing investment potential of Gurugram’s rapidly developing sectors, real estate developer Signature Global (India) has acquired a substantial land parcel in the highly sought-after Sector 37D. At Garg Realty, we closely monitor such strategic acquisitions as they often indicate emerging hotspots for property investment.
Transaction Details
The developer has secured 8.39 acres of prime land at a consideration of ₹282.42 crore, with the sale deed executed on March 20. According to company projections, this acquisition will yield approximately two million square feet of developable area.
Development Timeline and Revenue Projections
Signature Global has announced plans to launch a new project on this land parcel by the conclusion of the 2025-26 financial year. The company has set ambitious revenue expectations of approximately ₹3,200 crore from this development, underscoring the significant value potential of properties in this location.
Management Perspective
Pradeep Aggarwal, Founder & Chairman of Signature Global, expressed confidence in the project’s prospects: “Sector 37D has rapidly become a key investment hotspot. Given the success of our past projects, we are confident that our upcoming development in this sector will receive an overwhelming response upon launch.”
Expanded Presence in Sector 37D
This acquisition strengthens Signature Global’s already substantial presence in the area, now totaling 45.1 acres in what is also known as DXP Estate. The company’s development portfolio in this sector includes both multi-story buildings and low-rise residential units, catering to diverse buyer preferences.
In just the first nine months of the 2024-25 financial year, Signature Global has added approximately 2.9 million square feet of saleable area in this location, demonstrating the rapid pace of development.
Company Track Record
Signature Global has established a strong delivery record with 13.5 million square feet of completed housing projects. The developer’s future pipeline is equally impressive, with approximately 46 million square feet scheduled for execution over the next 2-3 years.
Market Implications
At Garg Realty, we view such substantial investments by established developers as strong indicators of a location’s growth trajectory. Sector 37D’s emergence as an investment hotspot presents valuable opportunities for our clients seeking properties with strong appreciation potential.
For personalised guidance on investment opportunities in Sector 37D and other high-potential areas of Gurugram, contact our property advisors today.