India, March 21 -- Delhi-NCR real estate developer Signature Global has acquired 8.39 acres of land in Gurugram for Rs.282.4 crore with a development potential of 2 million sq ft, the company said on March 21.

The company executed the sale deed on March 20 and the land parcel is located at Sector 37D, near Dwarka Expressway.

Signature Global intends to launch a new residential project on the acquired land by the end of the next financial year (2025-26) with an estimated total revenue potential of around Rs.3,200 crore, the company said.

"The Dwarka Expressway corridor, strategically positioned between Delhi and Gurugram, offers seamless access to key business hubs, the airport, and an expanding metro network. Sector 37D, in particular,...