Signature Global, India’s leading real estate player, has conferred the construction contract of 1144 crore rupees to Ahluwalia Contracts (India) Ltd., a renowned construction, infrastructure, and engineering company, for its first premium residential project, De-luxe DXP, located in Sector 37D, Dwarka Expressway, Gurugram.
The project is expected to redefine luxury living in the region.
Lalit Kumar Aggarwal, Vice Chairman of Signature Global (India) Ltd., said, “We are elated to embark on the construction of our first premium project, De-luxe DXP, which reflects our vision of creating iconic residential spaces that seamlessly blend luxury and sustainability. Our collaboration with Ahluwalia Contracts guarantees a project that sets new benchmarks in design, amenities, and quality, offering a truly distinctive living experience for our customers.
“We observed an overwhelming response from NRIs and corporate professionals during its launch, with each buyer being allotted only one unit, reflecting strong market sentiment toward real estate investment. Despite being our first premium project, De-luxe DXP created a stir in the Gurugram realty market, achieving a record pre-sale of over ₹3600 crore within just a few days of its pre-launch. With excellent connectivity to key areas, the project is designed to meet modern living expectations, providing a unique combination of comfort, practicality, and accessibility.”
Shobhit Uppal, Deputy Managing Director, Ahluwalia Contracts (India) Ltd says “We are honored to be chosen by Signature Global for this prestigious project. Our commitment to excellence aligns with their vision of delivering high-end residential spaces. We look forward to creating a landmark that stands as a testament to the best in construction and design.”
Ahluwalia Contracts aims to complete the De-luxe DXP project within stipulated regulatory timeframe of 5 years.
Spread over 16.65 acres in Sector 37D, Gurugram, along the vibrant Dwarka Expressway, De-luxe DXP is poised to become a prime destination for luxury living. The project will offer 1008 units across 8 elegantly designed towers, featuring 3BHK, 3.5BHK, 4.5BHK apartments, and penthouses. It boasts a sales potential of 28.12 lakh sqft and is designed by renowned international architects AEDAS, with landscape design by Sanju Bose and Executive Architects is DFI, Structure consultant by Mahimtura, MEP consultant is Sanelac
The project is IGBC Gold-rated, ensuring sustainable living. De-luxe DXP offers a range of premium amenities to enhance the lifestyle of its residents. The project includes two clubhouses spanning 80,000 sq. ft., seven swimming pools, podium parking, VRV air conditioning, and four apartments per core. The spacious units come with large decks balconies, offering breathtaking views. De-luxe DXP also features one of the largest jogging track in the region, and a Miyawaki forest to promote environmental sustainability.
In addition to the luxurious amenities, the project includes 1 lakh sq. ft. of high-street retail space, making it a self-contained urban ecosystem. The location of De-luxe DXP ensures excellent connectivity with the Dwarka Expressway, NH-8, and Southern Peripheral Road, as well as proximity to Delhi, IGI Airport, the upcoming Global City, and a new metro line. This combination of connectivity, amenities, and design makes De-luxe DXP an ideal choice for prospective homeowners and investors.
Signature Global, a leading real estate development company in India, is reshaping the housing market in northern India. Initially established as a key player in affordable housing, the company is now broadening its scope by venturing into the mid-housing segment, with a strong emphasis on quality execution, value creation, reliability, and adherence to global standards. Founded in Gurugram in 2014 by seasoned professionals with extensive real estate experience, Signature Global commands a 36% market share in Gurugram’s affordable and mid-housing sector.
Supported by prominent investors like Nomura, HDFC, IFC, Standard Chartered, Bandhan MF, and Kotak, Signature Global upholds high standards of corporate governance. The company employs a disciplined land acquisition strategy, typically launching projects within 18 months of acquisition. The Company 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. 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.