Signature Global Partners with Tonino Lamborghini to Develop ₹2,900 Crore Luxury Residential Project in Gurugram

Signature Global Partners with Tonino Lamborghini to Launch Luxury Housing Development in Gurugram

Real estate developer Signature Global has partnered with the iconic Italian lifestyle brand Tonino Lamborghini to launch a premier luxury housing development in Gurugram, involving an investment of roughly ₹2,900 crore. According to a regulatory filing released on Thursday, the branded residential venture, named "Tonino Lamborghini Residences Gurugram," will occupy 12.40 acres in Sector 71 and feature 812 high-end apartments. This collaboration signifies the official debut of Tonino Lamborghini within India's competitive residential property sector.

The estimated cost of the project is ₹2,890.97 crore. Signature Global has finalized a "licence agreement" with the prestigious Italian firm, which involves a fixed instalment-based fee, along with a performance-based bonus if the project's total revenue surpasses a predefined target.

Signature Global has a strong track record in the real estate sector, having completed 16.5 million square feet of space and achieving sales exceeding ₹8,200 crore during the previous fiscal year. The company has also reduced its net debt by 77% in the last fiscal to ₹200 crore on better cash flow, with ₹2,770 crore of cash and cash equivalents as of 31 March 2026.

The partnership with Tonino Lamborghini is a significant milestone for Signature Global, reflecting the company's commitment to redefining the standards of urban living in India by bringing world-class innovation to its home soil. The company's Chairman, Pradeep Aggarwal, has emphasized the importance of this collaboration, stating that it secures their foothold in India's branded real estate space.

Tonino Lamborghini, Founder and President of the company, has also expressed his enthusiasm for the project, highlighting that every project bearing his name goes beyond architecture; it represents a way of living, a personal idea of contemporary luxury rooted in craftsmanship, innovation, and his character.

Signature Global's strong balance sheet position enables the company to strategize its foreseeable future, with a net debt at a historic low of ₹200 crore as of 31 March 2026. This is a significant achievement, considering the company's net debt was ₹880 crore as of 31 March 2025.