Insights > Deals
Signature Global and Manasum agreed on Gurugram senior-living project
19 October 2026 | JV | India | 164 units | Development
The agreement combines Signature Global’s development capacity with Manasum’s operating services, marking the senior‑living provider’s entry into North India.
Key details
Asset type | Development |
Location | Gurugram, India |
Capacity | 164 units |
Party 1 | Signature Global |
Party 2 | Manasum Senior Living |
Value | Undisclosed |
Source: Business Standard
The partners will deliver senior homes within Sarvam DXP in Sector 37D. Under the agreement, Signature Global is responsible for land, construction, finance and approvals while Manasum will lead sales and operate resident services after handover, which is expected in approximately 48 months.
The project has a projected sales value of INR 575 crore.
Strategic context
The agreement marks Signature Global's entry into senior living and brings Manasum's experience in southern Indian markets into its expansion into northern India. The partners contribute different capabilities: a residential developer can deliver the physical project, while the specialist operator provides the service model and understanding of older customers.
Development income depends on both purchaser demand and project delivery, as the homes are intended for sale.
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