March 4, 2024: Real estate developer Signature Global has announced pre-formal launch sales of more than Rs 3,600 crore for its latest premium housing residential development project, DE LUXE-DXP, at Sector 37D, Gurgaon. For the number of units available for sale, Signature Global’s DE LUXE-DXP received an oversubscribed expression of interest over 5.4 times, it said.
Spread over 16.5 acres, this project presents a sales potential of 2.7 million sqft. Positioned strategically along with the Dwarka Expressway. DE LUXE-DXP, an IGBC gold-rated project, offering 1,008 units in 8 towers and designed by international repute AEDAS, Landscape Designer Sanju Bose and interior designer Ms Sonali Bhagwati, which offers 3BHK, 3.5BHK, 4.5BHK apartments and penthouses.
DE LUXE-DXP promises the best location for prospective buyers through excellent connectivity along with the Dwarka Expressway, Urban Extension Road 2, proximity to the upcoming global city, an upcoming new metro route and easy access to Delhi and the IGI Airport, the company said.
Pradeep Aggarwal, chairman and whole-time director, Signature Global, said, “With growing affluence in the middle class, a significant population segment has developed better purchasing power and higher aspirations. These factors have led to growing demand in the mid-housing segment, as modern-day consumers are seeking a mix of features, amenities, space, and affordability to fulfil the demands of the new age lifestyle. Surprisingly NRI and big corporate employees have shown immense response, it is interesting to note that each buyer has been allotted only one unit. These patterns indicate that market sentiment for real estate investment is poised towards growth.”
Apart from great connectivity with the key areas of interest, DE LUXE-DXP has been designed to match customer expectations of modern living, offering homeowners a unique blending of comfort, practicality, and access, the company said.
The entire process from recording expression of interest to allotment was overseen by global consulting agency Boston Consulting Group (BCG). The entire process from EOI and allotment to booking and payment was digital making the process extremely transparent and reliable.
DE LUXE-DXP offers a unique lifestyle experience to residences with 7 swimming pools, podium parking, two clubhouses with area of 80,000 sqft, power backup, multiple water bodies, two apartments to a core, triple height lobby, VRV AC, extra spacious deck, a large jogging track and a 270-degree wrap-around balcony. Other key highlights about the project include 1 lakh sqft of high street shopping complex and Miyawaki Forests, which will contribute towards creating an ambient environment by providing ample shade to minimize heat, make the neighbourhood pure and serene, and act as natural filters to air pollution.
“The location of Signature Global DE LUXE-DXP Sector 37D Gurgaon is around a well-developed region near the upcoming Global City, in the proximity to the commercial hub, educational institutes, hospitals, retail, and recreational avenues. The project stands in true testament to being one of the best investment options in Gurugram, near the upcoming Global City It offers direct connectivity to NH-8, Southern Peripheral Road, Pataudi Road, Dwarka expressway, and Golf Course Road Extension,” the company said.
Gurugram Sector 37D is strategically positioned along NH8 and will be serving as a vital connection between Delhi and Jaipur. This sector’s connectivity extends to the Indira Gandhi International Airport, opening to a gateway of global opportunities. The location is perfect for investors seeking residences to become strategic assets with accessibility and drivers of economic growth, it added.
Signature Global is a leading real estate development company catering to affordable and mid-housing segments. Backed by investors like HDFC and IFC, Signature Global has delivered 6.7 million square feet of space and has ongoing projects in 16.9 million square feet area along with a robust forthcoming pipeline of 28.4 million square feet of saleable area.
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An alumna of the Indian Institute of Mass Communication, Dhenkanal, Sunita Mishra brings over 16 years of expertise to the fields of legal matters, financial insights, and property market trends. Recognised for her ability to elucidate complex topics, her articles serve as a go-to resource for home buyers navigating intricate subjects. Through her extensive career, she has been associated with esteemed organisations like the Financial Express, Hindustan Times, Network18, All India Radio, and Business Standard.
In addition to her professional accomplishments, Sunita holds an MA degree in Sanskrit, with a specialisation in Indian Philosophy, from Delhi University. Outside of her work schedule, she likes to unwind by practising Yoga, and pursues her passion for travel.
sunita.mishra@proptiger.com
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