The premium tier has not delivered anything yet. Titanium SPR and De Luxe DXP are routinely described as the delivered proof behind the luxury launch, and both are 2024 registrations still under construction, with published possession for Titanium ranging from 2027 to May 2031 across sources. The delivery record that does exist is roughly 10.4 million sq ft of affordable and mid segment product, several projects of which ran 12 to 24 months late. This is the tier by tier read on which part of the portfolio the evidence actually supports.
Written by Mansi Joshi, Marketing Intelligence Lead, ZYN33 Investment Desk. Reviewed by Ritesh Arora, Founder, ZYN33 and Strata Capital Holdings, Gurugram. Advising on Gurugram residential capital allocation since 2023, with mandates ranging from Rs 3 Cr to Rs 50 Cr. Published 20 June 2026. Last reviewed 5 September 2026.
Disclosure: ZYN33 distributes residential projects in Gurugram and is paid a transaction fee when a purchase completes, including on projects we discuss with you. We do not give tax advice. This post is general information. Take it to your chartered accountant.
The premium tier has not delivered anything yet. Titanium SPR and De Luxe DXP are routinely described as the delivered proof behind the luxury launch, and both are 2024 registrations still under construction.
De Luxe DXP in Sector 37D carries HARERA registration RC/REP/HARERA/GGM/783/515/2024/10 dated 7 February 2024. Titanium SPR in Sector 71 was registered in June 2024 and is listed as a new launch. Its published possession dates vary by four years across sources. A project registered in 2024 with a filed possession date in the future is not a delivered asset. Anyone evaluating Signature Global projects Gurgaon on a premium delivery record is evaluating something that does not exist yet.
Scale in affordable housing, with a mixed timeline record, and nothing yet in premium or luxury.
The company listed in September 2023. It reports roughly 10.4 million sq ft delivered and 16.4 million under development, with a forward pipeline reported between 24.5 and 32.2 million sq ft. That delivery volume is real and it is almost entirely affordable and mid segment product built under the Housing for All framework.
The timeline record inside it is the part the marketing skips. Affordable projects launched between 2016 and 2020 have had mixed delivery. Several on Sohna Road and in Sector 37D ran 12 to 24 months beyond promised possession. That is not unusual for the segment, but it is the actual evidence base. Using it to underwrite a Rs 8 Cr luxury purchase is a category error.
Yes at the mid segment, cautiously at premium, and only with a delay buffer at luxury.
Buying at Rs 75 lakh to Rs 1.5 Cr for end use? This is where the developer's actual competence sits, and where the product is proven. Buying premium at Rs 3 Cr to Rs 5 Cr? You are an early buyer in a segment the developer has not completed yet, so price that rather than pay a premium for it.
Buying luxury at Rs 5.83 Cr to Rs 8.33 Cr? Model a two year slip as your base case, not your downside. Needing an exit inside three years anywhere in this portfolio? Do not enter. If this is not you, stop here.
Under construction across the entire premium and luxury range, with published dates that disagree. Every figure below is a developer or portal stated date, not a HARERA extract. Check any Signature Global possession claim at the source before paying anything.
|
Project and sector |
Registration |
Stage |
Published possession |
|
Twin Tower DXP, Sector 84 |
RC/REP/HARERA/GGM/866/598/2024/93, September 2024 |
Launched, under construction |
2029 to 2030 |
|
Titanium SPR, Sector 71 |
2024 registration, number reported inconsistently |
New launch, under construction |
Reported variously as 2027, February 2029 and May 2031 |
|
De Luxe DXP, Sector 37D |
RC/REP/HARERA/GGM/783/515/2024/10, February 2024 |
Under construction |
2029 |
|
Sarvam DXP Estate, Sector 37D |
Verify on the portal |
Active sales |
2030 |
|
Imperial, Sector 88A |
Verify on the portal |
Status to confirm |
March 2026, a date now past |
Read row two carefully. Published possession for Titanium SPR Sector 71 ranges from 2027 to May 2031 depending on the source. Its registration number appears in at least two forms across listing sites. A four year spread on one project is not a detail. It is the difference between a five year hold and a nine year one.
Verify every one of these yourself at haryanarera.gov.in. A caution on that: hrera.org.in, which circulates widely as the verification address, is not the regulator. It resolves to a private brokerage site. Sending money after checking the wrong portal is how this goes wrong.
Four tiers, and the tier decides your risk more than the corridor does. Against the wider market for premium apartments in Gurgaon, this portfolio is early rather than proven. All prices are asking, on saleable area as published by the developer. Carpet area is what HARERA registers, so ask for it before comparing anything.
Luxury: Twin Tower DXP, Sector 84. Launched September 2024 across 4.68 acres, 312 units, priced Rs 5.83 Cr to Rs 8.33 Cr for units of 2,650 to 3,785 sq ft. Tower height is reported at both 40 and 45 storeys across sources, so confirm it in the filing. Signature Global Twin Tower DXP sits in the Global City catchment. That is the reason to buy it, and the single point of failure if the programme slips.
Premium: Titanium SPR, Sector 71. Roughly 14.38 acres, 8 towers, 613 residences in 3.5 and 4.5 BHK configurations. Not delivered, not occupied, and the possession spread above is the reason to be careful. Note also the Tonino Lamborghini branded project announced in the same Sector 71 in April 2026. It carries 812 units and a reported revenue potential near Rs 2,900 crore. That is meaningful new supply landing beside your resale.
Premium: De Luxe DXP and Sarvam DXP, Sector 37D. De Luxe unit counts are reported at both 608 and 1,008, which is a wide enough gap to check. Sarvam runs 14.5 acres and around 1,798 apartments, with 3 BHK from Rs 2.90 Cr. Two large projects by the same developer on the same sector means your exit competes with the neighbour.
Mid segment: Imperial Sector 88A and City 93. Imperial from Rs 75 lakh, with a March 2026 possession date that has now passed and should be checked rather than quoted. City 93 carries 1,008 units in New Gurugram. This tier is where the developer's delivered competence actually lies.
Falling, not rising, which is the opposite of how this corridor is usually sold. 99acres puts flats in Sector 36 Sohna at about Rs 9,200 per sq ft asking, down 9.8 percent over twelve months.
Claims of 74 percent appreciation since 2021 and 10 to 15 percent annual growth circulate for this pocket. We have not been able to source either, and the current print runs against both. The corridor's builder floor asking rates did move 25.6 percent over the same year. A low rise floor product here is a different proposition from a flat. Buy the format on its own evidence.
On yield, the corridor sits near 2 percent gross on portal data, not the 5 to 7 percent often quoted. Rents in the sector run Rs 13,500 to Rs 25,700 a month, which does not support the higher band on any realistic ticket.
High single digits net at plausible growth, not the mid teens that circulate. Every rate below is an assumption we have chosen and stated. None of it projects what these specific projects will do.
Take Rs 6.5 Cr into the luxury launch. Stamp duty runs 7 percent for a male buyer and 5 percent for a woman inside municipal limits. With registration and about 1 percent brokerage, roughly Rs 7.0 Cr is deployed. Exit costs run near 3 percent, and capital gains take 12.5 percent without indexation plus cess.
|
If gross growth runs at |
Year 5 value |
Net after costs and tax |
Net IRR |
|
5 percent |
Rs 8.3 Cr |
Rs 7.8 Cr |
2.2 percent |
|
9 percent |
Rs 10.0 Cr |
Rs 9.2 Cr |
5.6 percent |
|
12 percent |
Rs 11.5 Cr |
Rs 10.5 Cr |
8.2 percent |
Break even sits near 2.5 percent a year. Now add the possession reality. On a 2029 to 2030 handover you pay construction linked instalments for four to five years before that table's clock starts. A two year slip pushes the whole curve right and is the base case this developer's affordable record supports.
Anyone buying premium or luxury on the belief that the developer has delivered premium or luxury before. It has not, and that is the single most repeated claim about this portfolio.
Anyone needing an exit inside three years, given possession windows running to 2030. Anyone whose cash flow cannot carry construction linked payments through a four to five year build plus a plausible slip. And anyone buying Sohna Sector 36 flats on a growth or yield thesis. The twelve month print is minus 9.8 percent and the corridor yield is near 2 percent.
Five things, and the first two are the ones this post got wrong before. Pull the HARERA registration for the specific tower at haryanarera.gov.in and read the filed completion date, not the marketed one. Then check whether the project is actually delivered, because "premium track record" language is being applied to projects registered in 2024.
Third, ask for carpet area alongside the saleable figure, since HARERA registers carpet and brochures usually do not. Fourth, count the competing supply from the same developer in the same sector before your exit year. Fifth, read the construction linked payment schedule against your cash flow at a two year slip, not at the filed date.
What does not decide it: brand recognition, an aggregate delivery figure in million sq ft, a corridor growth narrative, or launch day urgency.
Early, in a portfolio where nothing at this price point has completed. Cycle Positioning here is a developer mid transition rather than a corridor mid cycle, and that is an unusual risk to underwrite.
The affordable base is stabilised with absorption complete. Everything premium and above is in build, with the earliest premium handover around 2029. So the thing being tested over the next three years is not the corridor. It is whether a developer built on affordable housing can hold luxury finish and service standards at handover.
The one genuine catalyst is Global City. Phase 1 covers roughly 587 acres under a Rs 940 crore contract awarded in 2023. It is targeted for completion by the end of 2026. Targeted is not confirmed, and Haryana infrastructure routinely runs 12 to 24 months late. Our Global City progress across Sectors 84, 88 and 37D covers what it actually delivers.
With a ceiling written down and a delay buffer built in. Take the corridor asking average for the sector. Add only the premium you can defend against comparable stock. That sum is your walk away number.
Sector 84 sits on Dwarka Expressway. The corridor averages about Rs 14,000 per sq ft asking, and the fringe sectors printed flat to negative over twelve months. A luxury launch priced well above that average is asking you to pay a delivered price for undelivered product on a decelerating stretch. If the developer will not move on price, the answer is not a longer payment plan. It is a different project.
On format, note that the developer's own product mix now spans Rs 75 lakh to Rs 8.33 Cr. Buying the newest launch because it is the newest launch is how buyers end up in the tier furthest from a company's demonstrated competence.
Execution transition is the first Risk and it is specific rather than generic. Scaling from affordable into luxury requires finish, service and amenity standards that take years to settle. No project in this portfolio has been handed over at that standard.
Timeline is second, and the evidence is on record: 12 to 24 month slips on Sohna Road and Sector 37D projects from the earlier portfolio. Third, single catalyst dependence, since the luxury thesis rests almost entirely on Global City. Fourth, balance sheet. The company carries a higher cost of debt than large cap peers, above 11 percent on reported averages. That matters for a builder funding a five year construction cycle.
Fifth, self competition. Two large projects in Sector 37D and a second branded launch coming in Sector 71 mean the developer is supplying your resale market.
On price, event or time, and on these possession dates the time trigger governs. Price based: sell when registered comparables in your own tower clear a premium over the sector, not when the corridor average rises.
Event based: for Sector 84, Global City Phase 1 becoming visibly complete is the cleanest repricing window. Take it twelve to eighteen months after visible delivery, not after announcement. Time based: on a 2029 or 2030 handover, plan possession plus 18 to 24 months before the secondary market can price the product. That is a total hold running past 2032 from a 2026 entry, which needs saying out loud before you sign.
The mid segment, on evidence. The premium and luxury tiers, only at a price that reflects the absence of it.
The Signature Global projects Gurgaon portfolio is a genuine four tier range, and the transition from affordable to luxury is real as a commercial strategy. What is not real is the delivered premium track record used to justify it. Titanium SPR and De Luxe DXP are 2024 registrations under construction, not proof of anything yet. Buy the tier that matches the developer's demonstrated competence, or buy the newer tiers at a discount for the risk you are carrying.
Considering Rs 75 lakh to Rs 8.33 Cr here with a decision due in 60 to 90 days? Send your ticket and corridor. We return the HARERA registration and filed completion date for each shortlisted tower. The corridor asking average and the competing supply landing before your exit year come with it.
Strata Capital Holdings tracks price band shifts, infrastructure timelines and inventory movement across Gurugram's corridors. ZYN33 brings that into every allocation conversation.
Published project listings and developer material for Twin Tower DXP, Titanium SPR, De Luxe DXP and Sarvam DXP. Registration numbers, unit counts, tower heights and possession dates are reported inconsistently across sources, so ranges are given here rather than single figures. Retrieved 5 September 2026
99acres, Dwarka Expressway corridor asking rates and sector movement, retrieved 5 September 2026
District Gurugram, final collector rates 2026-27, tehsil wise, effective 1 April 2026
Income Tax Department, long term capital gains on property transferred after 23 July 2024
Disclaimer
This article is general information about tax and property mechanics in India. It is not tax advice, investment advice or a recommendation to buy a specific property, and it does not account for your personal circumstances. Rates, thresholds and deadlines change. Verify every figure against the source listed above and take your liquidation plan to a qualified chartered accountant before you sell anything. ZYN33 distributes residential projects in Gurugram and is paid a transaction fee when a purchase completes. We do not act as your tax adviser or your adviser on the equity side.
Tell us your budget and timeline.
Tell us your budget and timeline.
