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CREDAI MAHARASHTRA VISITS SIGNATURE GLOBAL PROJECT

SITES TO UNDERSTAND GURUGRAMS AFFORDABLE HOUSING


Mr. Shantilal Kataria, President of CREDAI Maharashtra, visits Signature Global Synera
in Sector 81, Gurugram & Signature Global Solera in Sector 107, Gurugram with a team of
160 developers.

Gurugram: With a motive to understand the framework and management of affordable


housing units, under the Pradhan Mantri Awas Yojana Mr. Shantilal Kataria, President of
CREDAI Maharashtra, visited Signature Global Synera in Sector 81 and Signature Global
Solera in Sector 107, Gurugram with a team of 160 developers. The visit by the Maharashtra
CREDAI members was in line with their desire to construct promising affordable housing
projects in their very own state. Signature Globals Co-founder & Chairman, Pradeep
Aggarwal was part of the whole event where he assisted all the queries of the Mumbai team
with patience.

This was the second visit of Mumbai officials where they showed interest in affordable
housing segment of Gurugram. Earlier, the officials of CREDAI Maharashtra along with 13
developers from Kolhapur of Maharashtra had visited to understand the same segment of the
real estate market. The team understood the layout plan and the entire framework of these
projects. Also, they discussed the prospected challenges that affect the execution of such
projects. Talking about the affordable housing units, Signature Global has launched around
9000 Affordable units till date and is going to introduce 30000 more low-cost units.

Gurugram has been bringing in gratifying results for the PMAY policy. We have been
coming up with the residential affordable projects since the very beginning so our region has
contributed well enough in the affordable housing sector. Its a positive sign that the other
major states have also been showing eagerness for contributing in the affordable housing
projects. We welcome all the states and their serious members to come and work for this
noble policy thats aiming to provide housing for all.

Moreover, it was an honor for us as Shantilal Kataria, President of CREDAI Maharashtra and
the entire team appreciated all our projects and the framework. Observing the recent
framework, we cannot deny the fact that most of the financial institutions and micro-lenders
are coming forward to contribute to the affordable housing projects. There has been an
appropriate start at this sector, suggest the Past few years, the recently enacted laws and
regulations assuring transparency are going to ease larger proportion of people. The
perspective about the real estate industry is transforming. The good news is that the sector
has already started experiencing the positive impact of these laws and benefitting policies
said Pradeep Aggarwal, Co-founder & Chairman, Signature Global.