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Real estate construction is a significant contributor to air pollution, adding to global warming and posing a potential threat to the planet. To address this challenge and secure a safe and sustainable future, the need of the hour is to adopt sustainable solutions like the zero waste concept and green building norms. The responsibility of ensuring that these norms are practiced in letter and spirit lies with the three major stakeholders: property buyers, promoters, and the government. Implementing these norms will not only create a safe and healthy environment but also promote good health.

Currently, many hazardous items are disposed of improperly, such as solid waste, sewage, and electronic waste, which can cause severe damage to air, water, and soil, leading to adverse health effects. The concept of green housing or zero waste discharge is an inevitable solution to control the damage already done and improve the current situation.

In urban areas, large-scale construction exacerbates the pollution problem. However, growing awareness about the environment among people is a positive sign. Individuals now desire at least one dwelling unit for better living and are becoming increasingly conscious about their children's future. It is our responsibility to protect our climate and improve the situation since climate change is a global concern. The Intergovernmental Panel on Climate Change (IPCC) has been expressing concerns and urging countries to adopt strong mechanisms to control greenhouse gas emissions.

The Confederation of Real Estate Industry of India (Credai) has partnered with the Indian Green Building Council (IGBC) to construct four thousand green projects. This move is a welcoming step aimed at creating a sustainable built environment. Signature Global, as a real estate promoter, has done a commendable job by adopting the green housing concept fully in all its housing projects across the city, promoting green building and zero waste discharge, and helping to improve the environment.

The real estate (regulation and development) act is a tool, rather than an act, designed to tighten the noose on defaulting builders. It did not come easily to its present shape in the form of acts and regulations. It has come about in response to volumes of complaints and grievances from home buyers who felt helpless after booking units in real estate projects across the country.

Buying property from a real estate promoter was treated more or less as a mutual agreement between the two parties, similar to buying something from a shop, where the buyer cannot claim if the product is not good or if they feel cheated. So, this sector was largely abandoned in this way, and in case of a dispute, aggrieved persons moved to consumer court, civil court, or elsewhere. More or less, for the buyer, it led to a feeling of helplessness.

The RERA was long-awaited in the country, believed to have answered all the anger of buyers or allottees, and that is true to a great extent. Now, builders cannot easily escape from the net. Once a builder-buyer agreement is signed and the booking amount is accepted in the bank account, the promoters are under the RERA net. The builder-buyer agreement is a tool that guarantees a buyer's status as an allottee, defined in the Act, and gives them the right to move to the RERA court against the builder in case of an adverse situation. So, this is a milestone achievement of the government at the Centre for bringing this regulation that has streamlined the real estate sector since 2016. The real estate sector has three major stakeholders – promoters, allottees, and agents – and the Act deals with all three, holding them responsible for improving the real estate culture equally.

This Act makes it mandatory for promoters to register their projects with the RERA and put every single detail about the project in the public domain for transparency. Once a promoter and allottee have entered into an agreement, neither can run away from their responsibility and accountability. A promoter cannot lie now, unlike in the past, because every detail of the project is under the scanner of the RERA, ensuring buyers’ money is safe and secure. A promoter cannot, unlike in the past, misuse the money realized from the allottees. For every fault, the promoter will have to pay a penalty as per the Act, and if the fault lies on the part of the allottee, the Act treats them with a penalty as well. Thus, the Real Estate (Regulation and Development) Act has come as a big relief for property buyers and thereby restored the faith between stakeholders.

Allottees have every right to know about the progress of the project and pay only if satisfied with the progress of construction at the site and file an appeal if needed in the RERA court in Gurugram to bring it to the court’s notice. This development is revolutionary since trust was missing, and it was believed that builders were making money from this sector only by hook and crook.

But this perception has now changed in the past five years. A real estate promoter such as Signature Global has bagged awards from the state government for the best performance by delivering projects before and on time to the satisfaction of the allottee. Signature Global’s flat and floor projects have been a great help for home buyers for two strong reasons – one, it is budget-friendly, and second, projects are at all prime locations in Gurgaon alongside Dwarka expressway and Sohna-Alwar highway.

More than six hundred real estate projects and two thousand real estate agents are registered with the Haryana-RERA Gurugram. Haryana-RERA has received more than twenty-five thousand complaints from the Gurgaon allottees in the past five years, of which fifty percent of the complaints have been disposed of by the court. Every day, the court hears eighty to ninety cases and decides fifteen to twenty daily – a stupendous task by the bench, but it has reinstated trust in the real estate market, and buyers are feeling safe. Yet, a prospective property buyer has to remain alert before booking a unit – the market credibility of the promoter/developer is the first and foremost criterion one has to think of and then no booking should be done through any unregistered agents at all. That way, Signature Global’s market credibility is perfect and trustworthy, and all its floors and flats are safe to be booked.

Mother's Day is a special occasion to honor and celebrate the incredible women who have touched our lives with their love, care, and guidance. On 13th May, Signature Global Foundation organized a remarkable Mother's Day event to pay tribute to the female employees, lovingly referred to as the SG Ladies. This exciting and fun-filled celebration aimed to celebrate motherhood and womanhood while creating a memorable experience for all those involved.

The event commenced with a heartfelt lamp lighting ceremony led by the beloved Mataji, Mrs. Geeta Devi Aggarwal, along with the esteemed ladies of the Aggarwal family. Mrs. Madhu Aggarwal, Mrs. Shilpa Aggarwal, Mrs. Bhawana Aggarwal, Mrs. Rashami Aggarwal, Ms. Nidhi Aggarwal, Ms. Bharti Aggarwal, and Ms. Iti Aggarwal graced the occasion, symbolizing the strength and unity of women within the Signature Global family.

Mataji delivered a touching speech, expressing the significance of motherhood, woman power and the invaluable role mothers play in our lives. The event also featured inspiring speeches from the newest directors, Ms. Nidhi Aggarwal and Ms. Bharti Aggarwal, representing the powerful presence of young women in the company's top hierarchy. Their speeches carried a strong message of empowerment and representation. By holding top positions within the company, they exemplified the success and capabilities of young women in the professional world. Their speeches showcased the potential of the younger generation and inspired the working mothers present to believe in their own abilities and aspirations. The strong messages conveyed through their words fostered an atmosphere of support and encouragement, where women felt empowered to pursue their dreams, challenge stereotypes, and overcome obstacles. They served as a reminder that women have the power to shape their own destinies and contribute meaningfully to society. Additionally, Ms. Iti Aggarwal shared her refreshing thoughts, offering a GenZ perspective that resonated with everyone present.

The day was packed with exciting activities that blended fitness, knowledge, and empowerment. The SG Ladies participated in a vibrant Zumba session, where they danced with joy and enthusiasm, showcasing their passion for life. Following this, a Corporate Etiquette and Image Building Session provided valuable insights and tips to enhance professional presence.

The highlight of the event was the ramp walk, which captivated everyone's attention. The ladies confidently strutted down the runway, displaying grace, poise, and elegance. Mr. Pradeep Aggarwal, Founder and Chairman, and Mr. Lalit Aggarwal, Co-Founder and Vice-Chairman, Signatureglobal (India) Limited graced the occasion and presented titles to six deserving winners. The emotional and inspiring speeches delivered by both gentlemen reminded everyone of the profound influence mothers have on shaping our lives.

The panel of judges, including Mrs  Amisha Chaudhary, the founder of Mrs. India Legacy, selected the winners who would go on to participate in the stage of Mrs. India Legacy on 23rd May. This opportunity served as a testament to the talent and beauty possessed by the SG Ladies, who will represent Signature Global with grace and pride.

The Mother's Day event organized by Signature Global was more than just a celebration; it was an opportunity to make the SG Ladies feel cherished and appreciated. The day was filled with delicious food, thoughtful gifts, and beautiful hampers that served as tokens of appreciation from the Signature Global family. Laughter, joy, and heartfelt emotions permeated the atmosphere, making it a truly special occasion for everyone involved.

Signature Global's Mother's Day event was a resounding success, leaving an indelible mark on the hearts of the SG Ladies. By honoring motherhood and womanhood, the event showcased the importance of empowering and recognizing the incredible women who contribute to the success of the company. It was a day filled with happiness, inspiration, and a sense of belonging, reminding everyone of the value mothers bring.

The population of Gurgaon has unexpectedly grown in the past two decades, and it is fair to say that the state's planning department has failed to keep up with the increasing infrastructure demand of the city. The government realized early on that group housing was the only way to meet the housing demands of the growing population and therefore promoted high-rise apartments instead of plotted townships. However, by then, the Haryana government had already developed almost fifty plotted townships in Gurgaon, and many more were developed by private promoters. These plots allowed only three floors. Over the last fifteen years, Gurgaon's population has grown by more than two lakhs per year, creating a demand for housing.

As the population in plotted townships grew due to family splits, there was a need for an additional floor on each plot, inevitably. Due to the skyrocketing land prices in Gurgaon, constructing an additional floor on or above the third floor was preferable to buying a separate plot and erecting a separate apartment.

Consequently, there was a growing demand for an additional floor or fourth floor – stilt plus four. The state government finally agreed and allowed the registry of the fourth floor, which was considered a milestone in Haryana since it brought significant comfort to families who needed to construct an additional fourth-floor as per their family's demand. The step also opened up the possibility of accommodating more families in new buildings to be erected on plots. The government's move came after a well-thought-out and ground report of the situation in Gurgaon, which is witnessing a huge demand for housing with every passing day.

The reason the fourth floor was allowed was that the independent floor became a big hit in Gurgaon with homebuyers, mainly from the mid-segment, preferring independent floors with separate registry and privacy at a pocket-friendly budget, which was impossible earlier. Many real estate promoters launched independent floor projects in Gurgaon's new sectors along Dwarka Expressway and Sohna and were looking to tap into emerging areas such as Farukhnagar and Pataudi, besides Sohna. Since the NCR Planning Board has focused on Gurgaon in terms of road/rail infrastructure planning, urban corridors have become the need of the hour.

Gurgaon is now well connected with neighboring states, and its real estate potential, as well as industrial scope, is believed to have increased significantly. In addition to KMP, Gurgaon Alwar Highway, and Dwarka Expressway, the Delhi Mumbai corridor will open up industrial and freight corridors between South and North India, and Gurgaon will be a focus because this city is a hub of automobile and garment industries besides IT and MNCs.

In such a scenario, the Haryana government's fourth floor policy was a well-conceived move and, given the rising housing needs, a win-win situation for all three stakeholders such as homebuyers, promoters, and the government as well. In the near future, Gurgaon will have a world-class global city, huge rail networks, Asia's largest jungle safari, an artificial lake, and the landscaping of the Najafgarh wetland and the population is expected to increase rapidly, leading to a greater need for housing.

The Delhi-Mumbai Industrial Corridor (DMIC) is a significant boon for the entire country because it will connect the north and south and help accelerate business, industry, and the economy. It is a dream come true project, and only a small portion of it has been opened for traffic recently. Sohna, a sub-city of Gurgaon, will benefit greatly from this.

Let's review Sohna. Years ago, the Department of Town and Country Planning created its Master Plan 2031 to provide a vision and regulations for growth and construction activity in the town of Sohna in Haryana. Accordingly, the department designated lands for real estate development, residential, and commercial projects in Sohna, which marked phenomenal growth in the past few decades. Sohna's growth picked up after the Kundli Manesar Palwal (KMP) was put into operation, followed by the recent opening of the Gurgaon Alwar expressway. Moreover, the opening of the 246-km Sohna-Dausa section of the Delhi-Mumbai Industrial Corridor has not only made traveling easy but also opened opportunities in the real estate sector, industrial sector, warehousing, logistics, etc.

Considering Sohna's immense potential, many private real estate promoters have launched projects, and the Haryana government is gearing up to provide civic infrastructure to help the city improve rapidly. Also, the state government of Haryana is trying its best to attract investors to set up industries in Sohna, which is now well-connected with highways and expressways. Sohna is no longer the underdeveloped suburb it was perceived to be a decade or two ago. In the post-pandemic era, the demand for luxury homes has gained momentum, and this is evident from the projects launched in recent years. These factors have led to significant interest across several micro-markets and suburbs in the National Capital Region, of which suburbs such as Sohna emerged as real estate hotspots in Gurgaon. The travel time from Gurgaon to Sohna is hardly twenty to twenty-five minutes. TCP is paying attention to woo real estate promoters and homebuyers focusing on a high percentage of open spaces and green belts in planning. Sohna is blessed with eco-sensitive Aravalis and a lake, among others that surround several real estate and infrastructure developments in this suburb. The opening of the Sohna-Dausa stretch will accelerate development growth in Sohna and Gurgaon. Signature Global, a real estate promoter, has launched projects in Sohna, offering luxury homes available in pocket-friendly budgets.

The real estate sector has undergone a remarkable transformation in recent years, with a notable shift towards environmentally conscious practices embracing a more sustainable ethos and championing green building initiatives. This trend benefits both the environment and the growing demand for eco-friendly living spaces. One of the most striking developments in this regard is the proliferation of green building features in new housing projects within the real estate sector. Developers are incorporating an array of environmentally friendly elements into their designs, from solar panels adorning rooftops to energy-efficient appliances and advanced insulation materials. Signature Global, a reputed real estate promoter, has pioneered in this regard and has been acknowledged and rewarded by various forums for the green building measures they take in their projects.

These features not only reduce the carbon footprint of buildings but also translate into tangible benefits for homeowners, such as lower utility bills and enhanced comfort. Crucially, this shift towards green building reflects evolving consumer preferences. Homebuyers today prioritize sustainability and environmental responsibility when making purchasing decisions. Properties certified as green buildings are enjoying heightened demand and commanding premium prices in the real estate market, particularly in Gurgaon, which is the perfect destination in this regard.

Moreover, the adoption of environmental norms and other green param~eters in construction practices signifies a broader commitment to mitigating the impact of urban development on the natural world—a matter of grave concern today. By adhering to stringent eco-friendly standards, the real estate sector plays a pivotal role in fostering a more sustainable future, where human habitation harmonizes with the delicate balance of ecosystems. Beyond the immediate benefits to homeowners and developers, the embrace of green building practices holds profound implications for society at large. These initiatives contribute to broader efforts to combat climate change and preserve the planet for future generations by reducing energy consumption, minimizing waste, and promoting biodiversity.

In the post-pandemic era, the focus on health, wellness, and sustainability has gained significant traction in the real estate sector, particularly in Gurgaon. Prospective buyers prefer environmentally friendly projects for a better tomorrow. A noticeable trend is that prospective homebuyers thoroughly assess green certifications of a project or building, considering them as the most reliable ways to gauge sustainability.

It's essential to remember that the Green Rating for Integrated Habitat Assessment (GRIHA) is India’s indigenous rating system developed jointly by The Energy and Resources Institute (TERI) and the Ministry of New and Renewable Energy. It evaluates green building designs through a comprehensive three-tier process based on criteria such as site planning, water conservation, energy efficiency, waste management, etc. Proactive homebuyers prefer buying homes in projects certified with green norms.

In a move towards reducing air pollution caused by construction activities, Signature Global India Limited and the Council on Energy, Environment, and Water (CEEW) have joined hands to sign a Memorandum of Understanding (MoU). The collaboration aims to find effective solutions that can reduce the adverse effects of construction activities on local air quality under the 'Cleaner Air and Better Health' (CABH) project, which is supported by the United States Agency for International Development (USAID).

As a socially responsible developer that promotes sustainable development, Signature Global India Limited is committed to upholding international standards of environmental management. The company holds an ISO 14001 certification, which lays out the requirements for an effective environmental management system (EMS). Additionally, Signature Global India Limited is an active member of the Indian Green Building Council (IGBC) and has achieved IGBC Gold ratings for nine of its projects. IGBC Green Homes is India's first rating program, exclusively designed for the residential sector. It is based on established energy and environmental principles and balances proven practices with emerging concepts.

Few months ago, the Haryana pollution control board also took a significant step towards ensuring that construction sites do their part in reducing pollution. They have introduced a new scoring system that will grade construction sites larger than 500 sqm based on their performance in 29 different parameters related to pollution. This system will work similarly to the air quality index, with sites being categorized as poor, satisfactory, very good, or excellent based on their score.

Taking this into consideration and as part of the company’s ongoing green initiative this project's is another step in the same direction with its primary focus on assessing the efficacy of self-regulation of emissions from construction activities and the use of behavioral nudges on construction sites to curb air pollution. The network comprises of nine air quality monitors and one automatic weather station. The data captured by the network will be made available to project developers and the research team through a dashboard that will track pollution concentrations during different on-site construction activities.

The pilot is expected to set a new precedent for clean and green construction practices and encourage other real estate developers to follow suit.

The circle rate is a certificate of a city that marks its living standard and its property evaluation and lifts its image on the global platform; gradually that Gurgaon is inching towards. Gurgaon is a real estate hotspot and it has come a long way to claim status of millennium city and thanks to the government that contributed a lot to its present state along with real estate promoters and property buyers who despite frequent circle rate increase showed interest in buying properties in this city for better life - including best job profile, health and school education etc. These all factors are intertwined with circle rate, indeed.

A few weeks ago, the Haryana government increased city's circle rates up to 30 percent and the rates have been increased largely in the sectors located along the southern and northern peripheral road (SPR & NPR). The increase in circle rate will simply enhance an increase in paying more stamp duty to the government at time of registry of properties that in turn implies that the government is satisfied with the internal survey of properties and land rated high due to higher frequency of sale and purchase in the area. The increase in circle rate also certifies the level of infrastructure has been provided in the area by the government. The circle rate, which is also referred to as the collector's rate, is the minimum price at which a property is registered with the state's revenue department and no one can sell properties below the circle rate set by the government. Gurgaon's increasing living standard is par excellence.  

The real estate experts and agencies, too, believe that the increase in circle rates in Gurgaon has been in line with the increase in property prices because of the substantial growth in property demand and supply due to tremendous infrastructure developments and superb enhanced connectivity in the city.

There is a little doubt that the increase will have an immediate impact on property prices, as they are anyway sold at higher market rates, already, rather it indicates the flourishing real estate industry in Gurugram and its surroundings. It will boost further demand and supply scene over the next few years and before rail or metro networks and proposed and under construction roads, highways, expressways etc see the lights of the day and circle rates go high, accordingly. With the completion of significant infrastructure projects, especially the road connectivity, the experts anticipate a further surge in demand for both housing and commercial real estate that will further lead to a scope of rise in prices. To a little extent, the homebuyers may feel a pinch.

The land appreciation in Gurgaon has gone up many times in the last forty years and so its population and prosperity grew in leaps and bounds. That is the reason every real estate promoter wishes to build real estate projects in Gurgaon and every top industry, top corporate establishments etc for all Gurgaon is a hotspot and so the people from across the country and abroad want to settle or do business here. In the given scenario, the increase in circle rate would encourage real estate growth.

As on date, Gurgaon is focus and centre of attraction in the planning board of the national capital region and accordingly infra projects are being devised and executed – whether it is rail or metro corridor or Delhi Mumbai Industrial Corridor, KMP, Gurgaon Alwar etc all giving big boom to the real estate growth only.

Anytime over the next one year or two the RRTS would see the light of the day since constructions are going in full swing and it will transform the entire commuting system as the DMRC did years ago. India's mega first and foremost construction project such as Global City is going to be reality of the day in this city only – a matter of great prestige and pride. Similarly, Asia's largest leopard safari or Jungle Safari is going to be built in Gurgaon's Aravalli foothills only anytime over the next couple of years.         

These all are terrible parts of development of Gurgaon estimated to bring a lot of pride for its citizens.   

Metro is, indeed, long awaited in Gurgaon, as it is the need of the day, especially for the areas right to the NH 48 – if heading from Delhi to Jaipur; left to NH 48 is already the metro infrastructure available for years and its advantages well availed by the areas in terms of property appreciation besides better commuting and other advantages. The Delhi Metro Rail Corporation (DMRC) built its yellow line in Delhi extending it to Gurgaon linking millennium city with Delhi at Connaught Place in the year 2008/09. Much later only, a rapid metro line was built along the certain road only and that too left to NH 48 only. Almost 70 percent areas of Gurgaon remain deprived of metro facility since then and in the meantime three general and assembly elections held, it did not deter real estate growth, however. Yes, last mile connectivity will improve far and wide with a new metro line proposed to connect areas right to the NH 48 now and its maximum advantage will be availed by new sectors along the Dwarka expressway.        

The news of introduction of the 'Gurugram Metro' during the Haryana Budget brought three cheers to the residents of the city since it is believed to also boost real estate as demand for homes and commercial space is expected to increase. The proposed metro line of 29-km would connect Huda City Centre to Cyber City via Dwarka expressway and Old Gurgaon and it is likely to have as many as 27 metro stations.

In the age of technology, the metro has proved the lifeline of a modern city across the globe without which the expected development target cannot be achieved. For the Haryana government, Gurgaon is its economic capital since it gets seventy percent of state revenue alone from Gurgaon only which is a big thing. And Gurgaon is considered an offshoot of the national capital. Its closeness or its proximity with international airports is a big advantage. Now, the sectors on the Dwarka expressway will see an unexpected rise in real estate since it will also help increase economic activities in the area which is a good sign. And this is a fantastic opportunity for investors and property buyers to avail the opportunity before metro sees the light of the day.

In the last few decades, Gurgaon has seen considerable growth in the housing sector, including both luxury and inexpensive complexes as well as in terms of commercial establishments. The presence of convenient mobility near residential and corporate complexes drives sales for real estate developers and attracts potential buyers.

This is a fact that Gurugram's success has been hampered by high traffic, which has discouraged daily commuters and prospective buyers from investing in and relocating to the city. The proposed metro route will reinstate people's faith and progress on the fast track.

Gurugram metro extension, if completed, would provide commuters in Gurugram and Dwarka with an efficient and environmentally friendly transportation system. The proposed metro would undoubtedly make commuting more convenient to and fro from the national capital.

Property appreciation

Property appreciation is high in Gurgaon which is why it is a high potential real estate zone not only in the state of Haryana but in the entire country and accordingly the state government decides circle rates in the district that it revises twice in a year. The superb rate of property or land appreciation attracts property buyers to invest in sale purchase which is a profitable business in Gurgaon as on date. The real estate survey agencies have been rating sale and purchase ratio always high in Gurgaon in comparison to other cities in the national capital region. Based on these survey reports, the NCR planning board devises and designs urban corridors and road, rail and metro corridors. Gurgaon has always benefited from its strategic locations. 

Job opportunities

This is a millennium city and it is a major industry hub of the country. More than seven thousand small big garment factories and a similar number of small big automobile companies are operating in the city. Thousands of big and small IT companies are located in Gurgaon. Besides that Gurgaon is a real estate hub as well and these all together make this city a potential city of job opportunities and based on all this the government plans other supporting development. 

Superb infrastructure

As on date, no city can match millennium city when it comes to its infrastructure such as roads, highways, expressways, rail or metro networks etc. KMP, DMIC, Gurgaon Alwar highway, Dwarka expressway etc are major road infrastructure that put overall growth on pace and which is why the NCR planning board and state government together plan urban corridor such Gurgaon Jaipur corridor, Gurgaon Alwar corridor, Gurgaon Sonipat corridor and many others. Besides Gurgaon's intracity road, metro networks are superb like circular roads of SPR NPR is well designed and built in a way to make it development oriented, this is beside DMRC and rapid metro. RRTS and other proposed metro networks would add an unbelievable feather to Gurugram development in time to come.

Better city expansion scope

Unlike Delhi or Noida and other cities, Gurgaon has much scope of expansion in all directions. This is the reason the state government made a separate municipal corporation for Manesar. Other blocks of the district such as Farukhnagar, Pataudi and Sohna are full of potential in real estate terms and land prices are increasing in unbelievable manner every successive year. The government is considering connecting these blocks together with better traffic and commuting models so that better urban policies can be made to put development on a fast track.

Close to international airport and national capital

This city is strategically located – close to the national capital as well as it is very close to the international airport. As it emerged as an offshoot of Delhi after it got congested, Gurgaon also emerged as an international business hub. Since it is very close to international and domestic airports it is a big advantage and big relief for domestic air travelers as well as for the international travelers. That is the best plus point with Gurgaaon today more than 250 Fortune 500 companies are located in this city and this city has emerged also as a real estate hotspot in recent few decades. 

These are the five major points or attractions Gurgaon is the first and foremost real estate investment choice of every prospective property buyer – it is a complete city with best education and health facilities besides brilliant placements for new comers and entrepreneurs. 

Like other top cities of the world, Gurugram also has witnessed a new trend in real estate. In this trend, a prospective property buyer is seen normally choosing or preferring investing in the residential and the commercial units both to secure the best future. This trend picked up momentum in recent years with malls mushrooming along with multiplex establishments in the city largely coming up in good numbers all along the major city roads. As on date, there are more than five hundred malls and multiplex establishments operating from across the city and hundred others are to see the lights of the day over the next few years, thanks to high demand from customers. While, first decade of the era witnessed Mehrauli Gurgaon road and Sohna road emerging as the mall miles, new Gurgaon sectors emerged as the best choice for promoters in the later decade such as sectors along the southern and northern peripheral roads (SPR & NPR – also known as Dwarka expressway).

The property buyers want to play smart and safe which is good – for them as well as for promoters and as well as for the government finding high return potential in the commercial sector such as in shop-cum-offices (SCOs) attracting huge investments. As the trend clicked, its spectacular success, indeed, encouraged the real estate promoters who see it as a fruitful scheme unlike the past. And there is nothing wrong in assuming that the SCO markets have allured the new-age investors since SCO can be regarded as a safe and secure return on investment.

The real estate sector in Gurgaon has gone through massive changes – involving opportunities and manifold challenges both - over the past few decades, when its development speed has been superb to meet the high demand and supply scene. Let's not forget Gurgaon is a real estate hotspot in the entire national capital region. The strong infrastructural development and world-class amenities not only boost the development of Gurgaon but at the same time make it a dream destination for modern-age investors. Given the reason, pandemic has brought a sea change to people's outlooks regarding a safe and secured future, the real estate sector investment is best understood. Most people are now interested in owning real estate properties to earn a high rate of return for a safe future for their kids. In this regard, SCOs in Gurgaon become the foremost choice with all its exclusivity and conveniences.

Recent years also witnessed rise in demand and supply in commercial spaces such as SCOs in Gurgaon because it became the most sought-after destination for commercial property buyers and thereby many state-of-the-art retail spaces also have been developed in recent years. As rated high by real estate agencies - the liberty of customization, a comprehensive business ecosystem, and a flourishing marketplace all this supports the SCO and high street retail shop environment cum culture in millennium city, having world-class architecture and dynamic facilities.

When it comes to investing in the real estate sector - in residential or commercial - location becomes a prime factor on what high return expectations are based. Now, that the city such as Gurugram has become a real the estate hotspot and also it is a business capital of the state attracting attention of the government forcing it to provide best infrastructure to meet the increasing population demand and development requirement investing in land, plot, flat, SCOs etc all it is a smart choice, indeed. Broadly, the city can be divided in two parts to pick the best location for investment in properties accordingly. The city has been developed in phases with some of its pockets emerging as high potential areas. The sectors such as from 58 to 115 came at later stages after successfully meeting the objective of the state government in the first phase of developing sectors up to 57 almost circled by the southern and northern peripheral road (SPR & NPR). At later stages, the government decided to develop a new set of sectors 58 to 115 outside the circle in an orbit corridor manner – sectors 58 to 80 along the SPR and sectors 81 to 115 on the NPR. The sectors connected with Sohna Alwar road, NH 48, Dwarka expressway are considered comparatively high potential zones. The projects launched in sectors such as Sector 79, 92, 93, 37 C & D and sectors on Dwarka expressway marked excellent scopes of development in the recent past.

As on date, investment in new sectors is safe, that is one side of the picture. Investing in some sectors considering their potential factors based on connectivity with roads and metro and availability of facilities and utilities require little homework. A property investor can filter sectors of his choice on two basis – one on the basis of location of the project and its connectivity with the rest of the city and secondly on the basis of market credibility of the promoters developing the project in which you plan to invest. In the new sectors such as 79, 37, 65, 92, 93, 95 and others it is not difficult to do a bit of research or ground work about the real estate promoters who have delivered most of the projects timely and the allottees concerned are well satisfied. As a real estate promoter, the Signature Global in recent decades has done all efforts to win trust of property buyers cum investors and built its credibility in the real estate market. It also won the trust of the government. For a real estate promoter it is a big thing to claim honour from the government and also from the buyers – a buyer getting his/her property on time as per the commitment made in the builder buyer agreement is a real anecdote. On such parameters of timely delivery of projects – residential or commercial – many projects are lagging behind.       

Having our own well built-up small or big gated or not in urban cities for a better future for our kids and their education is the choice of every single individual and family, specially in a country like India
where population is surpassing in unbelievable manner every passing day. This sounds good that people are becoming conscious to secure their kids’ future by having at least one dwelling unit and thus our living standard is also on rise and this also is prompting the government to rethink sustainable housing policies from time to time. Yes, we are developing and thereby our country is also developing and we are proud of it.

The more we develop the more duties and responsibilities we own up, thereby. This is fact and this fact is with every person, every city and every country existing on the globe. And we are as much duty and
responsibility bound to our kids’ future as we are to protect our climate which is under serious threat. And we cannot secure sustainable development for our future at the cost of losses or damages to our
climate; this is unavoidable.

And climate change is a global concern, now, due to emissions of greenhouse gas and it is our duty and responsibility to help reduce greenhouse gas for a better sustainable environment. The Intergovernmental Panel on Climate Change (IPCC), a body of the United Nations, expressed its concern recently as it has been doing, while releasing a report in this regard, while underscoring the urgency of taking more ambitious action to secure a livable sustainable future.

In the real estate terms, green building concept is the need of the time since the real estate industry is the one of the biggest contributor to the overall development of the world and thereby to the global climate
change as well and that way we appreciate the Confederation of Real Estate Industry of India (Credai) has partnered with the Indian Green Building Council (IGBC) to construct four thousand green projects – it
is a welcoming move aimed at sustainable built environment.

We must think of a society or a building unit producing zero waste – zero water, sewer, garbage, debris etc discharge; zero or minimum electricity consumption with maximum utility, hundred percent in built
system of waste recycling waste materials into re-usable things and energies etc and a building built up on concept of fully green building theme – this all is going to be reality of the day and it is the need
of the day to protect our environment and secure sustainable development in city we live in.

We congratulate the CREDAI for the move and we also assure to be abide by all its guidelines that we will adapt in our projects as we have already been doing in letter and spirit and we also trust this step of
CREDAI would definitely would help meeting the objective set by the of the United Nations’ body such as IPCC to reduce greenhouse gas.

Buying a property decision – let’s not forget that it is the primary need of every single family as on date, of course, for a number of reasons – itself is a very tough task since it demands tons of mental exercises, a lot of home-works, legworks, proper knowledge of the area’s geography and demography, and then gathering correct information from a reliable source.  

Multiple sources, forums working for real estate have been showing that the city such as Gurugram emerged as a major real estate hotspot only in the past few years – not only in the national capital region but in the entire country. This reflects a trend every prospective property buyer – end users or investors – gives first priority to Gurugram and the reason is it is potentially a high real estate belt.

So, investing in properties, in housing or non-housing assets, is viable in Gurugram and one is for sure to get good return a year after or two of investments only. The recent trend shows that under the housing for all policies of the government, the buyers preferred premium floors in Gurugram. Comparatively, a premium floor option fits best in the budget for a property buyer with an intact luxury lifestyle and comforts in bonus. The luxuries such as privacy, safety and security, greenery, parking, swimming pool, club, entertainments etc all used to be integrated with high-end societies until recently and beyond of mid-segment range property buyer that is the reason despite pandemic did cripple overall growth, the city like Gurugram has marked the phenomenal rise in housing demand, in recent few years. That is true the majority of property buyers preferred buying or investing in properties available readily such as premium floors.

A promoter like Signature Global played a pivotal role in meeting the housing requirement of property buyers of mid-segment range. In all its housing projects, not only commitments delivered intact as promised, all its housing projects are intact in luxuries aimed to boost mid-segment buyers.

As on date, a promoter such as Signature Global has swept the real estate market in Gurugram in terms of delivery of premium floors by falling in the line of terms prescribed by the state government and real estate regulatory body like RERA – is a strong reason property buyers as on date trust this promoter a lot and such level of trust between the buyer and the builder is an important factor. On this front, unfortunately, the maximum number of promoters is lacking. For a homebuyer, credibility of a promoter is the first and foremost part. Such credibility of a promoter brings buyers a mental peace, as they can easily access all relevant information about its projects and properties of their choice available on the sites and available on the sites of the government.

In the recent few years or decade a new trend has appeared in the real estate market with homebuyers particularly seeking comfortable homes or luxury homes or homes of low-rise which occupied the market and set a trend, undoubtedly.

That was the reason the government also promoted the concept to attract property buyers with the aim to make Gurugram compatible for mid-segment homebuyers. Imagine you get a luxury low-rise flat or floor in your budget or in budget friendly you would love to get that by anyhow and reason is obvious – low-rise floors give you all you wished ever like all the facilities with wonderful interior decoration, superb bedrooms, lobby, kitchen, balcony etc in addition to superb external and internal ambience and that at the best locality.

This concept was backed by government support. This implied that the government also wanted to enhance Gurugram’s image that this city is not for rich people or money-men. The city hosts world’s best IT hubs, MNCs, industries – top executives, businessmen, celebrities, sport stars, industrialists, politicians, bureaucrats and others; Gurugram has space available for them as per their respective choice. At the same time, the city equally welcomes the lower middle class and the middle class people to serve their housing needs which is why the government brought housing policies of low-rise or floors at reasonable price and that idea clicked, indeed.

The government well supported the real estate promoters such as Signature Global to pioneer the objective of the government and fulfill dreams of mid-segment homebuyers. In recent years or a decade, Signature Global has carved a niche in this regard and acclaimed appreciation from the property buyers and government equally. The low-rise floors are reality of the day – at all the prime locations such as along the Dwarka expressway, Pataudi road, Gurugram Alwar road, in the vicinity of beautiful Aravalli Signature Global has offered wide range of low-rise floors to its home-buyers in recent decades – all in new Gurgram sectors. The benefit of low-rise is multiple. The low-rise floor/flatis fit to the buyer's comfort and choice, then it is safe and secure compared to other localities and third it is imbibed with a sense of privacy.

All its low-rise floors or projects launched by Signature Global are nestled in the heart of New Gurugram and at prime locations well connected with roads and proposed metro networks. The sole objective of the promoter behind all strategically chosen locations is to ease day to day life and one can well assert their liberty in the independence of each spacious low-rise floor. Signature Global has given utmost priority to homebuyers and imbibed in its construction policy of a dynamic architectural language to build luxury homes with modern amenities at prime location of new sectors in new Gurugram.