India, Sept. 25 -- Gurugram-based Signature Global on September 25 announced its entry into Gurugram West, or Farrukhnagar, with plans to develop a 194.22-acre ultra-luxury farmhouse villa destination with approximately 6.77 million sq ft of developable potential and an estimated gross development value (GDV) of Rs.5,500-6,000 crore, marking the company's entry into the ultra-luxury residential segment.

The company has acquired 25 acres of land and entered into a collaboration agreement for an additional 169.22 acres in the region.

The cost of the land is Rs.150 crore for 25 acres, sources said.

Designed as an uber-premium, invitation-only residential development, the project will comprise luxury farmhouse villas and is envisioned as a...