Signature Global Acquires 8.38-Acre Land in Gurugram’s Sector 37D Along Dwarka Expressway

Signature Global (India) Ltd. has acquired 8.38 acres of land in Sector 37D, Gurugram, Haryana, near Dwarka Expressway, for Rs. 282.42 crore. The sale deed was executed on 20th March. The land has a developable potential of approximately 2 million square feet. The company plans to launch a project on this land by the end of the next financial year (2025-26) and anticipates total revenue of around Rs. 3,200 crore.

Mr. Pradeep Aggarwal, Founder & Chairman of Signature Global (India) Ltd., stated that Gurugram’s housing market has seen significant growth, with Dwarka Expressway emerging as a key real estate corridor. According to a CREDAI-Colliers-LiasesForas report, housing prices in the area have increased by 58% year-on-year, driven by connectivity, infrastructure, and investment potential. He highlighted that the corridor’s location between Delhi and Gurugram provides direct access to business hubs, the airport, and an expanding metro network. Sector 37D, in particular, has become an investment hotspot, and the company expects strong demand for its upcoming project.

Signature Global holds a 45.1-acre land bank in Sector 37D, known as DXP Estate, where it is developing multi-story and low-rise residential units. In the first nine months of 2024-25, the company added about 2.9 million square feet of saleable area in this location. Construction is progressing on its residential project, ‘De-luxe DXP,’ along the Dwarka Expressway. In September 2024, Ahluwalia Contracts (India) Ltd. was awarded a ₹1,144 crore contract for this project.

The company has delivered 13.5 million square feet of housing and has a pipeline of around 46 million square feet in upcoming and ongoing projects. These are planned for execution over the next two to three years. The latest acquisition aligns with its expansion strategy in high-growth locations.

With the increasing demand for residential spaces along Dwarka Expressway, Signature Global aims to strengthen its presence in this corridor. The development of modern infrastructure and connectivity enhancements are expected to drive further interest in the region. The company’s approach focuses on leveraging its existing land bank and launching projects that align with market demand.