Signature Global launches ‘Orchard Avenues’ in Gurgaon

One of the fastest growing developers Signature Global has recently announced the launch of ‘Orchard Avenues’ in Sector 93, Gurgaon. Orchard Avenues is company’s fifth project under ‘Haryana Government’s Affordable Housing Policy 2013’ and offers a total of 729 units comprising 1BHK, 2BHK starting from Rs 13.80 lacs, Rs 22.17 lacs (approx) respectively at a ‘carpet area’ cost of Rs 4000 per sq. ft.

 

Spread over an area of 5 acres, Orchard Avenues promises to be a fine blend of standard living with nature’s tranquillity. The project would be an oasis of life in town. Company expects to complete the project in 48 months. The project also consists a shopping arcade ‘Signum 93’ a high street retail market offering low maintenance open air shop spaces.

 

They also announced ICICI Prudential Fund’s investment of Rs 150 crore in Signature Global for boosting affordable housing. In a boost to its affordable housing projects, Signature Global has successfully raised Rs. 150 crore from ICICI Prudential Real Estate Fund. Signature Global is also exploring opportunities for affordable housing projects in Maharashtra, Gujarat and Uttar Pradesh.

 

On this occasion, Pradeep Aggarwal, co-founder & chairman, Signature Global Group, said “We at Signature Global have always practiced fair and honest means of business. Transparency has been our sole motto. We are thankful to the government that what we have been practicing, it has made it a law through Real Estate Regulatory Act. Our Endeavour is to provide good quality homes within committed timelines to all our customers. We currently have a pipeline of more than 7,500 homes in Gurgaon.” He added, “As we are focusing on affordable housing, we will use these funds to add more projects. We are pleased to have Prudential ICICI fund as our financial partner and hope for a long and growing relationship.”