Signature Global (India) Ltd. (BSE: 543990 | NSE: SIGNATURE), one of India’s leading real estate development companies, today announced that it has successfully secured an investment of ₹1,293 crore from RMZ group. The investment secures RMZ a 50% equity stake in Gurugram Commercity Limited (GCL), which was a wholly owned subsidiary of Signature Global.
Following the completion of the transaction, Signature Global and RMZ have formed a 50:50 joint venture to develop a large-scale mixed-use commercial project on the Southern Peripheral Road (SPR) in Gurugram. The development will comprise office spaces, hotels, and retail components.
As part of the transaction, Signature Global, Gurugram Commercity Limited (GCL), and Millennia Realtors Private Limited (an RMZ entity), have executed a Securities Subscription and Purchase Agreement (SSPA). Pursuant to this, RMZ has acquired a 50% equity stake in GCL through a combination of share purchase and share subscription, for an aggregate consideration of INR 1,293 crore.
Located on the Southern Peripheral Road, the project will have a Floor Space Index (FSI) of 3.94 million square feet.
The proposed mixed-use project development represents the Company’s first large sized commercial real estate development within its existing land portfolio, marking a strategically significant and aspirational milestone in its portfolio diversification.
The joint venture leverages the complementary strengths of both partners, with Signature Global offering robust execution and construction capabilities and deep understanding of the Delhi-NCR market, while RMZ adds its expertise in designing, leasing, and managing large commercial and mixed-use developments.
Upon completion, the development is expected to have a total capital value of INR 14,000–16,000 crore, placing it among the larger mixed-use projects in the region.
Commenting on the development, Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd., said “”Today represents a significant milestone in Signature Global’s growth as we expand our development portfolio with this large-scale mixed-use project. The successful closing of this transaction and the receipt of RMZ’s investment further bolsters our financial standing and reinforces the market’s confidence in our execution capabilities. The Southern Peripheral Road has consistently evolved into a premier hub for both residential and commercial growth, backed by robust infrastructure and seamless connectivity.
This partnership with RMZ unites our complementary strengths and deep domain expertise, allowing us to deliver a high-quality, future-ready development. As our inaugural commercial project of this magnitude, it reflects our unwavering commitment to creating long-term value and providing best-in-class developments for our customers and stakeholders.”
About Signature Global (India) Ltd:
Signature Global, India’s leading real estate development company, is reshaping the housing market in northern India. While it initially made its mark in the affordable housing segment, the company now focuses on the mid and premium housing categories. This strategic evolution is driven by a strong emphasis on quality execution, value creation, reliability, and adherence to global standards. Backed by marquee institutional investors such as Nomura, HDFC, and IFC (lending arm of World Bank), Signature Global upholds high standards of corporate governance. Signature Global holds a market share of 13% in the National Capital Region (NCR) and 20% share in Gurugram within the price range of INR 20 million to INR 50 million. This reflects the company’s dominant position in its target micro markets.
As of 9MFY26, the company has delivered 16.5 million square feet of real estate. Its robust development pipeline includes 21 million square feet of recently launched projects, 20.7 million square feet of forthcoming developments, and 13.8 million square feet of ongoing construction, comprising projects under active construction as well as those that have received occupancy certificates. These projects are slated for execution over the next two to three years. In FY25, Signature Global reported sales bookings of INR 102.9 billion, driven by sustained demand and efficient execution. The company has achieved an impressive compound annual growth rate (CAGR) of 58% in sales between FY22 to FY25, demonstrating its consistent performance and growth momentum.
Complementing its strong growth and execution capabilities, Signature Global has reinforced its focus on sustainability and safety. The Company made a strong debut in the 2025 GRESB assessment, achieving an overall score of 84 and a perfect 100 in Leadership and Governance. It has also partnered with CECO Hirun to deploy advanced seismic safety solutions in select high-rise developments, enhancing structural resilience and safety standards.
About RMZ
RMZ is one of Asia’s leading multi-strategy, privately owned alternative asset owners and operators, anchored in India and benchmarked to global standards. The firm builds, owns, and operates a diversified portfolio of real assets and infrastructure across premium commercial real estate, mixed-use developments, logistics, hospitality, and digital infrastructure. Founded in 2002 and headquartered in India, RMZ has developed and owns over 70 million square feet of real assets across six major Indian cities, with assets in excess of US$20 billion. Operating through an integrated owner-operator model, RMZ combines development, operations, and capital management to create long-horizon platforms built to scale and endure. Guided by institutional governance and a build-to-hold philosophy, RMZ focuses on creating vital real assets and large-scale urban environments that support enterprise growth, generate employment, and enable long-term economic development. Through disciplined capital allocation and operating expertise, RMZ attracts global capital and contributes to strengthening India’s competitiveness on the global stage.