Signature Global awards Rs 1,144 crore construction contract to Ahluwalia Contracts

Global Signature has awarded the construction contract worth Rs 1,144 crore to Ahluwalia Contracts (India) Ltd, for its first premium residential project, ‘Luxury DXPin Sector 37D, Dwarka Expressway, Gurugram.

“We saw an overwhelming response from NRIs and corporate professionals during its launch, with each buyer being allotted only one unit, reflecting a strong market sentiment towards real estate “Despite being our first premium project, De-luxe DXP achieved record pre-sales of over Rs 3,600 crore in just a few days since its pre-launch,” said Lalit Kumar Aggarwal, Vice President, Signature Global (India) Ltd.

Ahluwalia Contracts aims to complete the De-luxe DXP project within the stipulated regulatory timeline of 5 years.

The project is spread over 16.65 acres in Sector 37D, Gurugram, along the Dwarka Expressway.

“Our commitment to excellence aligns with our vision of delivering high-end residential spaces,” said Shobhit Uppal, Deputy Managing Director, Ahluwalia Contracts (India) Ltd.

The project will offer 1008 units across 8 towers, comprising 3BHK, 3.5BHK, 4.5BHK apartments and penthouses. It has a sales potential of 28.12 lakh sq ft and is designed by renowned international architects AEDAS, with landscape design by Sanju Bose and executive architects is DFI, structural consultant is Mahimtura, MEP consultant is Sanelac. The project is IGBC Gold rated, ensuring sustainable living. The project includes two clubhouses spanning 80,000 sq ft, seven swimming pools, podium parking, VRV air conditioning and four apartments per core. The project includes 1 lakh sq ft of retail space on the main road, making it a self-contained urban ecosystem. The company has so far delivered 11 million sq ft of residential area and has a strong pipeline of approximately 32.2 million sq ft of saleable area in our upcoming projects along with 16.4 million sq ft of ongoing projects, which are planned for completion in the next 2-3 years.

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