Signature Global says Phase 1 of Tonino Lamborghini Residences in Gurugram is fully sold out

What happened

On 27 October 2026, Signature Global (India) Ltd and Tonino Lamborghini S.p.A. announced in a joint press release that Phase 1 of Tonino Lamborghini Residences has sold out completely. The project is in Sector 71 on the Southern Peripheral Road in Gurugram, within the SG SPR Estate.

Business Standard reported, citing a developer statement, that the sell-out came in less than three months after launch. Whalesbook reported that Phase 1 sales were worth ₹2,000 crore. That figure comes from media reporting and does not appear in the developer's press release.

About the project

The project is also marketed as Signature Global Tonino Lamborghini Residences. The developer describes it as the Tonino Lamborghini brand's debut in India's residential real estate market and the first residential project in India associated with the name.

• Five towers of G+41 floors, with low density and four residences per core.
• A 'Vertical Village' concept with landscaped greens and a shared 'Social Ribbon' link.
• Design team: Handel Architects of New York (principal architect), Bose Brothers Architects (executive architect), and Carlos Rossi (interiors). Angela Krieger, Creative Director of Tonino Lamborghini Total Living, leads the design direction.
• The developer states the project holds an IGBC Platinum green rating.

Pricing and sizes

Business Standard reports that property portals indicate a price range of roughly ₹4.5 crore to ₹6.5 crore. It cites indicative Square Yards prices of ₹4.71 crore for a 3 BHK of 2,050 sq ft and ₹6.21 crore for a 4 BHK of 2,700 sq ft. These are not official developer prices. Signature Global has not published an official price list for Phase 2.

Listing sites show super areas of roughly 2,050 to 2,800 sq ft. Carpet area for each unit type should be checked against the RERA filing.

The developer and the luxury shift

Signature Global is a Gurugram-based developer founded in 2014. Its shares are listed on the BSE and NSE under the ticker SIGNATURE. Pradeep Kumar Aggarwal is Founder and Chairman, and Ravi Aggarwal is Co-founder and Managing Director.

Whalesbook describes the sale as the developer's push into luxury, a move away from its mid-income and affordable focus. Aggarwal said the sell-out reflects growing demand from Indian homebuyers for globally inspired, design-led homes and their trust in the company's delivery. He cited a Savills report that nearly 25 ultra-luxury branded residential projects in India are expected to be completed by 2032.

Whalesbook names DLF, Sobha and Godrej Properties as other active players in the Gurugram luxury market.

Location and infrastructure

The Southern Peripheral Road links Sohna Road, Golf Course Extension Road and NH-48. According to one area guide, Rajiv Chowk on NH-48 is about 3 km away, Dwarka Expressway about 7 km, and IGI Airport about 21 km.

The Gurugram Metropolitan Development Authority (GMDA) is building a ₹750 crore elevated SPR corridor from Vatika Chowk to the Dwarka Expressway cloverleaf. It is also building a new arterial road linking Hero Honda Chowk to the SPR near Sector 71, and plans about 3.5 km of service roads across sectors 70-70A and 70-75. GMDA projects throughput above 10,000 vehicles per hour on the elevated corridor. Plans to extend Rapid Metro from Millennium City Centre to Sectors 71 and 72, and a Gurugram Metro Phase-II station near Sector 72, have been announced. No completion dates have been given for these works.

What it means for buyers, investors and the market

• Home buyers: Phase 1 buyers are no longer able to purchase. Anyone considering Phase 2 should wait for the official price list and check the project's RERA registration on the Haryana RERA portal.
• Investors: Whalesbook advises tracking Phase 2 launch pricing, construction cost control and execution on high-rise work. It notes that luxury buyers expect higher construction quality, amenities and timely delivery.
• Developer: Whalesbook says a shift toward higher-value products may support margins.
• Market: Tribune describes Signature Global's SPR Estate and Cloverdale SPR as among the main beneficiaries of SPR infrastructure growth.

What comes next

Phase 2 is described as launching soon and is expected to have about the same number of units as Phase 1. No launch date or price list has been announced as of 30 October 2026. Possession for the project is listed as January 2033 on listing sites. Infrastructure works on the SPR, including the elevated corridor and the Hero Honda link road, are under way, but completion dates have not been announced.