Trilegal Advised Signature Global On ~INR 1,283 Crore Strategic Investment By RMZ For Gurugram Mixed-Use Project
Trilegal advised Signature Global on ~INR 1,283 crore RMZ investment, forming a 50:50 JV for Gurugram mixed-use project.
Trilegal advised Signature Global on ~INR 1,283 crore strategic investment by RMZ for Gurugram mixed-use project
The leading Indian law firm, Trilegal, advised Signature Global (India) Limited and its wholly owned subsidiary, Gurugram Commercity Limited, on a ~INR 1,283 crore purchase and subscription of shares by RMZ (Millennia Realtors Private Limited). The investment results in the formation of a 50:50 joint venture at Gurugram Commercity Limited to develop a large-scale mixed-use project in Gurugram, with an estimated capital value of ~INR 14,000–16,000 crore. The development will comprise premium office buildings, hotel assets, and curated retail space, envisioned as a design-led commercial district along the Southern Peripheral Road, utilizing approximately 3.94 million square feet of FSI.
This project represents Signature’s first large-scale commercial real estate development within its existing land portfolio, marking a strategically significant milestone in its diversification strategy. The transaction reflects a strategic collaboration combining development expertise and institutional commercial real estate capability to create a landmark destination in one of India’s most active business corridors.
Trilegal advised on all aspects of the transaction, including structuring, documentation, negotiations, and closing.
The Trilegal deal team was led by Ankit Kejriwal (Partner) and Khushboo Sukhwani (Counsel), with support from Radhika Bihani (Senior Associate) and Aakanksha Ranjan (Associate). The Projects Team was led by Rahul Arora (Partner) with support from Shiv Badhwar (Senior Associate).
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