India, Feb. 15 -- Gurugram-based real estate developer Signature Global plans to develop a branded luxury housing project on Southern Peripheral Road (SPR), with an estimated revenue potential of around Rs.5,000 crore, according to the company's chairman, Pradeep Aggarwal.

Noting that the demand for branded homes is strong, he said, "We will come up with a branded luxury residential project on 7 acres of land parcel with a total saleable area of 20 lakh square feet. The total revenue potential is estimated at Rs.5,000 crore," Aggarwal told reporters on Feb 14.

Signature Global owns 25 acres of land at Southern Peripheral Road, Gurugram, where it plans to develop a large mixed-use project. It plans to set aside 7 acres for branded homes,...