Signature Global, a leading real estate company based in Gurugram, has announced the launch of its premium residential project, Cloverdale, with a planned investment of Rs. 2,200 crore.
Located in Sector-71 along the Southern Peripheral Road (SPR), this 8-acre enclave is part of a larger 22-acre development, positioning it as a key luxury offering in one of Gurugram’s most coveted real estate corridors. The project features 770 luxury apartments, priced between Rs. 4 crore and Rs. 7 crore, targeting the upscale housing segment amid a surge in premium home demand. With delivery scheduled for 2031, Cloverdale is already witnessing robust buyer interest, having generated over Rs. 2,700 crore in sales bookings.
Key Highlights
According to Pradeep Kumar Aggarwal, Chairman of Signature Global, the growing appetite for quality developments by trusted brands is shaping the company's aggressive growth trajectory. The firm is targeting 20 percent + growth in pre-sales for FY25.
The company also announced a total investment plan of Rs. 4,000 crore for the current financial year. This includes Rs. 1,200–1,500 crore for land acquisition and Rs. 2,500 crore for construction, reinforcing its long-term commitment to premium and mid-income housing in strategic NCR micro-markets.
Also Read: Signature Global to raise Rs 875 Cr by August via debentures to refinance debt, future growth
Cloverdale marks a significant step in Signature Global's transition from affordable housing leader to a prominent player in the luxury segment, aligned with evolving buyer preferences in post-pandemic India.
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