Signature Global to invest Rs 375 cr on new affordable housing project in Gurugram

Realty firm Signature Global, which is mainly into affordable homes, on Saturday said it will invest around Rs 375 crore to develop a new housing project in Gurugram, Haryana.

The national capital-based firm also announced its plans to launch 20,000 units under affordable housing segment this year.

Signature Global in a statement said that it has started construction work on a new project 'Signature Global Proxima I and II' comprising 1,410 units with a total investment of around Rs 375 crore.

Prices vary from Rs 22-26 lakh in this project, which is being developed under the Haryana government affordable housing policy.

Pradeep Aggarwal, Founder & Chairman, Signature Global, said, "Till date we have already launched 15,173 units under Haryana Affordable Housing Scheme and Deen Dayal Jan Awas Yojna and have delivered 1,820 units till date."