Signature Global awards ₹500 crore construction contract to B L Kashyap for Gurugram housing project
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Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Signature Global awarded a ₹496 crore construction contract to B L Kashyap & Sons for its luxury housing project in Gurugram.
- ✓The project, Tonino Lamborghini Residences, features 812 premium flats.
- ✓Lalit Aggarwal said, "B L Kashyap experience and engineering capability make them the right partner for it." Construction takes 5-6 years.
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- MARKET
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- India Economy
Realty firm Signature Global has awarded a nearly ₹500 crore contract to B L Kashyap & Sons for construction of its luxury housing project in Gurugram.
In April this year, Signature Global tied up with Italian lifestyle brand Tonino Lamborghini to develop a luxury housing project in Gurugram with an investment of nearly ₹2,900 crore.
Now, the company has awarded a construction contract worth ₹496 crore to B L Kashyap & Sons Ltd for its branded residential project, 'Tonino Lamborghini Residences', at Sector 71 in Gurugram.
The project is expected to be completed in 5-6 years, the company said in a statement.
"As India's first Tonino Lamborghini branded residences, the project demands a standard of execution that matches its design ambition, and B L Kashyap experience and engineering capability make them the right partner for it," Lalit Aggarwal, Co-Founder and Vice Chairman, Signature Global, said.
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