News
Signature Global Appoints ACC India for Rs 320 Crore Residential Project in Gurugram
New Delhi / September 22, 2024: Gurugram-based real estate developer Signature Global has announced the appointment of ACC India Pvt Ltd for civil, structural, and partial MEP work on all towers, basements, and other ancillary buildings in its residential group housing project, located in Sector 84, Gurugram, along the Dwarka Expressway, Twin Towers DXP, the company said in statement.
The Letter of Interest (LoI), dated September 12, 2024, specifies the total contract value as Rs 320 crore. It also sets the project completion period at 27 months from the start date, with an additional 3 months for the full handover of work, the statement added.
Lalit Aggarwal, Vice Chairman, Signature Global, commented, “This is going to be one of the finest projects that we will be executing and will be a crowning jewel in our portfolio. While I cannot share too many details of the project until it is officially launched, I can definitely share that it will span four and a half acres and exhibit architectural brilliance. Also, it’ll be one of the tallest in the area and Arabian Construction Company, along with their Indian subsidiary ACC India, is known for constructing many prominent towers in the Middle East and India, showcasing their proven expertise in delivering this project. We have proudly delivered approximately 11 million sq. ft. across projects and more than 30,000 happy customers since our inception in 2014 and have a robust pipeline too.”
Ani Ray, Managing Director, ACC India Pvt Ltd, said, “It’s a privilege to be associated with Signature Global for its Twin Towers DXP project and we look forward to completing the project in the time limit prescribed. It gives us utmost joy to build homes for the aspiring and growing population in the country. ACC has been associated with landmark projects such as World ONE (84 floors, 285 Meter) of Lodha Developers in Mumbai; 88 East Kolkata of Tata Housing & Keventers, and The 42 (62 floor, 255 Meter) besides ongoing projects in Delhi + NCR for DLF, TARC and Unity Group Projects and others across major metros.”
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