Page 36 - CO October 2021

conStrUction TICKEr TAPE

SIGNATUrE GLObAL LAUNCHES TWO PrOJECTS Sectors 81 and 92 are strategically located having a direct
Signature Global has launched two projects in Sector 81 and 92. connectivity to Pataudi Road and nH8 respectively. Signature
Signature Global City 81 and Signature Global City 92 are the 6th Global is an active member of IGBC and has launched 7 IGBC
and the 7th residential projects under DDJAY by the company gold rated green housing projects under affordable housing
in sector 81 and sector 92. Spread over an area of 11.97 acres policy in Gurugram. The land in Sector 81 is owned by Sternal
Signature Global City 81 will offer a green life within a plotted Buildcon and Signature Global Developers in Sector 92. The floors
residential complex with premium independent floors. Similarly, in Signature Global City 81 starts from `61.91 lakh plus additional
Signature Global City 92 is a 19.48 acres project out of which 10.3 charges and the floor price in Signature Global City 92 starts from
acres will be developed in first phase of development. `54.47 lakh plus additional charges.

CEMENT COMPANIES TO INVEST UP TO `1,700 CrOrE IN KOHINOOr GrOUP LAUNCHES 7 NEW rESIDENTIAL
WASTE HEAT rECOVErY SYSTEM TO SAVE POWEr COST LAUNCHES IN THEIr MEGA SEPTEMbEr MONTH
Major cement companies will invest up to `1,700 crore in two Kohinoor Group has launched five new projects and two new
fiscal years ending March 2022 to set up 175 MW of waste heat towers across Pune city in seven different locations.
recovery system (WHRS) capacities for saving power cost, as per The brand has carved a niche for itself by launching Pimpri-
Icra report. It takes an investment of up to `8-10 crore to set up Chinchwad’s first grade A’ commercial project earlier this year.
one MW WHRS, and the overall cost for the 175 MW for FY21 and These new projects will further strengthen the company’s market
FY22 will come at `1,400-1,700 crore. The agency said domestic position in the Pune market, especially in the residential segment.
cement companies in recent years have been investing in Details of the projects: Presidentia at BT Kavade Road; Shangrila
alternative/renewable energy sources, replacing known sources at Pimpri Waghere; Sportsville at Maan (Hinjewadi Ph 1); Kohinoor
such as fuel in the form of coal as well as thermal power Grandeur at Ravet; Kohinoor Emerald 1 at Sus; Kohinoor Sapphire
generation which has afforded the players multiple benefits apart II at - Tathawade; and Kohinoor Coral - Bhiorwadi (Hinjewadi Ph 3).
from reducing carbon dioxide footprint. Details of the projects- (Project name and location) overall 1.4
The usage of renewable sources of energy such as solar energy, Mn development.
wind energy and WHRS has been gaining momentum, in 1. Presidentia - B. T. Kavade Road
particular the latter has emerged as one of the cheapest sources 2. Shangrila – Pimpri Waghere
of power generation given the negligible input costs. 3. Sportsville – Maan (Hinjewadi Ph 1)
4. Kohinoor Grandeur – Ravet
5. Kohinoor Emerald 1- Sus
6. Kohinoor Sapphire II - Tathawade
7. Kohinoor Coral - Bhiorwadi (Hinjewadi Ph 3)
The encapsulation of present-day living, select luxuries and
premium offerings alongside the best properties has another
name- Kohinoor. Kohinoor Group has always strived to deliver
their best to their customers and has followed ‘Sada sukhi raho’
philosophy behind their every project till now. Similarly keeping the
legacy in mind, the new properties would be the amalgamation
of the rich highlights of the towers and the conveniences in the
encompassing, which will demonstrate that Kohinoor projects are
the new style statement in the luxury market of Pune.

36 COnSTRuCTIOn OPPORTunITIES|OCTObEr 2021