Signature sharpens Rs.425 cr realty plans

    Signature Global
    Signature Global, a Delhi-based realty builder, in a recent move has decided to invest Rs.425 crore in developing 2,100 low-rise affordable apartments in Karnal, Haryana. The investment comprise land acquisition and construction cost and the same will be met by internal accruals, chairman & co-founder, Pradeep Aggarwal, said, elaborating that the company has already launched 9 projects in Gurugram & Sohna and with this it is expanding its domain to other cities as well. The builder will launch the project in two phases whereby the first phase is being launched in October itself and the second phase would be launched next year. Prior to this, in June 2017, the company had announced an investment of Rs.400 crore in two Gurugram projects and has received Rs.200 crore funding from private equity player KKR in August 2017.
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