NEW DELHI: Signature Global (India) has formed a strategic alliance with the Italian lifestyle brand Tonino Lamborghini to launch a residential project in Sector 71, Gurugram, valued at approximately ₹4,000 crore.
The project will cover around 12.4 acres along Southern Peripheral Road, offering 812 residential units in 3, 4, and 4.5 BHK layouts. The development cost is estimated at ₹2,891 crore, as stated in the company’s filing.
The partnership will operate under a brand licensing agreement, where Tonino Lamborghini will provide design insights and lend its brand identity, while Signature Global will handle development, execution, and sales.
The residences will be branded as “Tonino Lamborghini Residences Gurugram.” The Italian brand will aid in designing façades, amenities, and common spaces such as lobbies and clubhouses, incorporating distinctive branded elements.
The financial terms of the agreement include a fixed fee, paid in installments, along with additional payments based on the project’s performance surpassing a designated revenue threshold.
This collaboration marks Tonino Lamborghini’s entry into India’s residential real estate sector, amid increasing interest in branded residences driven by the demand for internationally inspired housing options.
