NCR-based real estate developer Signature Global announced on October 27 that it has awarded the ₹1203 crore construction contract for its premium residential project, Titanium SPR at Sector 71, Gurugram to Capacit’e Infraprojects Limited.
Spanning across 14.382 acres, Titanium SPR is expected to comprise a total 608 units comprising 3.5 BHK and 4.5 BHK. Being developed as a two-phase project with a total sales potential area of 3.7 million sq. ft. the first phase comprises 2.1 million sq. ft. was launched in the month of June 2024. The project has achieved a pre-sale number of over ₹2700 crore, the company said in a statement.
Also Read: Signature Global plans to launch a 130-acre project in Sohna this year with a revenue potential of more than ₹5000 cr
“Titanium SPR exemplifies our commitment to providing premium living experiences. By partnering with Capacit’e Infraprojects, we are confident that Titanium SPR will emerge as a landmark in the Delhi NCR region, offering modern homebuyers the perfect blend of luxury, comfort, and convenience,” said Pradeep Aggarwal, chairman and whole-time director of Signature Global.
The project is expected to offer 26-feet and 28-feet-long decks, along with triple height entrance lobby and 7 lagoon pools designed by renowned international architects, such as DPC from Singapore, MPFP from the USA, Confluence, NMP Design, Senelac Consultants, and Vintech Consultants, it said.
Also Read: Dwarka Expressway inauguration: The impact on Gurugram real estate prices
Project specifications
It is likely to feature 40-story high-rise towers. The project is expected to include over 55 exclusive amenities, from lagoon pools, sensory gardens, a Miyawaki forest, and recreational facilities. It is expected to host Club Elevate that span across 57,000 sq ft with a double-height entry, a multipurpose hall with a pool facing view, fine dining options, a fully-equipped gym, a Zumba studio, spa and sauna facilities, an on-site salon, a co-working space, and other community spaces for its residents, creating a resort-like ambiance within the residential enclave.
Southern Peripheral Road is viewed as a promising locations of the National Capital Region. At sector 71 Gurugram which is alongside SPR, Signature Global holds prime land parcels having a developable potential of 17 million sq. ft.
Signature Global has so far delivered 11 million sq. ft. of housing area and boasts a robust pipeline of approximately 32.2 million sq. ft. of saleable area in our forthcoming projects along with 16.4 million sq. ft. of ongoing projects, set for execution over the next 2-3 years.
Also Read: Signature Global aims high with more than ₹12,000 crore project pipeline in Gurugram amid demand for premium housing
In FY24, Signature Global achieved sales bookings of ₹72.7 billion and reported a sales CAGR of 62% from FY21 to FY24. The company projects sales of ₹100 billion in FY25 and ₹ 38 billion of revenue recognition.Signature Global awards ₹1,203 cr contract to Capacit’e Infra for housing project in Gurugram.
