New Delhi, Aug. 18 -- Realty firm Signature Sattva Infratech will invest Rs 500 crore over the next four years to develop its first project in Alwar, Rajasthan under the state government's affordable housing policy, a top company official said on Monday.
The Gurugram-based firm has acquired a 27-acre land parcel at Alwar to develop 4,500 apartments in the two phases, said Parveen Aggarwal, the company's founder and chairman.
Earlier, Aggarwal was the co-promoter of Delhi-Based Signature Global, which is into affordable housing segment and constructing about dozen projects in Gurugram, Haryana.
"We are foraying into the real estate sector with our maiden project at Alwar. We will develop about 37 lakh sq ft area in this 27-acre project," ...