CREDAI Maharashtra made an educational visit to Signature Global’s Solera Sector 107 & Synera 81



President of CREDAI Maharashtra Mr. Shantilal Kataria paid a visit to Synera Sector 81 and Solera Sector 107 projects in Gurugram to enhance his understanding on Affordable Housing. Mr. Kataria met a team of 160 developers on his visit to understand the framework, implementation and management of the affordable housing units, developed under the Pradhan Mantri Awas Yojana. CREDAI intends to begin building affordable housing projects in Maharashtra. Mr. Pradeep Aggarwal, Co-founder & Chairman of Signature Global, who led his team, responded to all queries.

In an earlier such visit, CREDAI officials had paid a visit to discuss the potential challenges of affordable housing projects, the layout plans, and their execution. CREDAI officials were assisted by 13 real estate developers from Kolhapur, Maharashtra. Signature Global is among the pioneers in the affordable housing development segment, having launched around 9000 units till date. Thirty thousand more units will be introduced soon.

Gurugram has responded well to the PMAY policy, allowing for affordable housing projects since the beginning. Mr. Aggarwal emphasized that the PMAY is increasingly becoming popular among other states and that Signature Global welcomed them all in the initiative for the common good. Thanking Mr Kataria and his team for their appreciation of the projects, the Chairman stated that it was an honour for the real estate company. In addition, he brought to notice the welcome change among the financing institutions which have now come forward to support the affordable housing projects.

Laws and regulations recently enacted have proven beneficial allowing for more transparency within the real estate industry. The industry is now seen in a new light, and trust and faith have allowed people to invest and buy again. It is a clear example of how better housing policies and laws can impact the real estate sector and the infrastructure of the country, said Mr Pradeep Aggarwal.

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