NEW DELHI, Sept 22: Realty agency Signature World has given Rs 320 crore contract to ACC India for building of its luxurious housing mission in Gurugram.
The corporate has appointed ACC India Pvt Ltd for civil, construction and half MEP work for all of the towers, basements and different ancillary buildings for its group housing mission ‘Twin Towers DXP’ in Sector 84, Gurugram, Haryana.
The whole contract worth is Rs 320 crore, the corporate mentioned in a press release.
Signature World has not launched this mission for gross sales.
Lalit Aggarwal, Vice Chairman, Signature World, mentioned, “That is going to be one of many most interesting tasks that we are going to be executing and will likely be a crowning jewel in our portfolio.”
“It is going to be one of many tallest within the space and Arabian Building Firm, together with their Indian subsidiary ACC India, is understood for establishing many distinguished towers within the Center East and India, showcasing their confirmed experience in delivering this mission,” Aggarwal mentioned.
Ani Ray, Managing Director of ACC India Pvt Ltd, mentioned the corporate has bought the contract from Signature World for its ‘Twin Towers DXP’ mission and it will likely be accomplished within the time restrict prescribed.
“It offers us utmost pleasure to construct houses for the aspiring and rising inhabitants within the nation. ACC has been related to landmark tasks similar to World ONE (84 flooring, 285 Meter) of Lodha Builders in Mumbai; 88 East Kolkata of Tata Housing & Keventers, and The 42 (62 ground, 255 metre)…,” he mentioned.
Earlier this month, Signature World gave Rs 1,144 crore of building work order to Ahluwalia Contracts for growth of its luxurious housing mission ‘De-luxe DXP’ positioned in Sector 37D, Dwarka Expressway, Gurugram.
Unfold over 16.65 acres, the housing mission has 1008 items. The whole developable space is 28.12 lakh sq. toes.
Signature World has to date delivered 11 million sq. toes of space throughout numerous tasks.
It has a pipeline of 32.2 million sq. toes of saleable space in its forthcoming tasks together with 16.4 million sq. toes of ongoing tasks.
In 2023-24, Signature World achieved sale bookings of Rs 7,270 crore and has set a goal to clock Rs 10,000 crore price gross sales within the present fiscal. (PTI)