MoneyWorks4Me

Signatureglobal (India) completes acquisition of 100% paid up share capital of GCPL

19 Mar 2024 Evaluate

Signatureglobal (India) has completed the acquisition of 100% of the paid up share capital of Gurugram Commercity (GCPL). Accordingly, upon this acquisition, GCPL has become a wholly owned subsidiary of the Company with effect from March 18, 2024.

GCPL owns land parcels admeasuring around 25.14 acres, situated at Village Fazilpur Jharsa, Southern Peripheral Road, Gurugram, Haryana, with a development potential of approximately 5.49 million square feet.

Signatureglobal (India) is a real estate development company. The company operates in the National Capital Region of Delhi (Delhi NCR). The company strategically focused on the Affordable Housing segment and the Middle Income Housing segment through GoI and state government policies.


Peers
Company Name CMP
Lodha Developers 1143.40
Prestige EstatesProj 1472.65
Dilip Buildcon 423.25
DLF 671.35
Oberoi Realty 1844.00
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