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SIGNATURE GLOBAL RAISESINR 400 CRORES FROM HDFC CAPITAL

SIGNATURE GLOBAL RAISESINR 400 CRORES FROM HDFC CAPITAL 1

National, 14 May 2022: Signature Global, one of India’s leading affordable housing real estate company, has raised long term capital of INR 400 crores from HDFC Capital Affordable Real Estate Fund 3 (H-CARE 3) – a fund managed by HDFC Capital. Signature Global is primarily focusedon the development of affordable housing projects in the National Capital Region (NCR) while ensuring quality and timely delivery of finished units.

As a part of Signature Global’s real estate development strategy, the funding will beutilised for land acquisition and developmentof affordable housing projects in Haryana in line with the government’s mission of “Housing for All”. Signature Global has robust plans to creategood quality affordable homes and community spaces over the coming years. The company is focussed on developing affordable housing projects under Haryana’s affordable housing policy (“HAHP”) and developing independent floors under DDJAY (“DeenDayal Jan Awasyojna”) affordable plotting policy. 

Commenting on the strategic alliance, Mr. Pradeep Aggarwal, Founder and Chairman of Signature Global saidWe have strong credentials of providing value homes at affordable prices to our customers.  As one of the leading players in affordable housing, our focus has been to build a strong foundation through which we can launch many more affordable housing projects in north India. HDFC Capital’s investment is a significant achievement for us as it reposes faith in our execution capabilities. We are gratified and motivated to continue developing green, affordable and world-class real estate developments. We further aim to redefine the current conventions of Indian real estate development by championing excellence – in craftsmanship, planning and service”

The company strongly promotes the concept of creating sustainable real estate projects with the best-in-classamenities for the customers. The company has received several IGBC Gold certifications, along with numerous EDGE green building certifications, an advanced global certification that demonstrates a commitment to green buildings in terms of water efficiency, energy efficiency, and environmental benefits.

Signature Global deploys the latest innovative technologies for all its projects with a focus on speed, quality and efficiency of construction. The company has become a trendsetter for bringing aluminum formwork technology for construction with many of its projects built under the IGBC gold rated project certification in the affordable housing segment.   As a member of the Indian Green Building Council (IGBC), Signature Global uses environmentally friendly and non-toxic materials to decrease CO2 emissions for construction.

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