20 Feb 2026
Trilegal advised Signature Global (India) Limited and its wholly owned subsidiary, Gurugram Commercity Limited, on a ~INR1,283 crore purchase and subscription of shares by RMZ (Millennia Realtors Private Limited), resulting in the formation of a 50:50 joint venture at Gurugram Commercity Limited to develop a large-scale mixed-use project in Gurugram. The proposed development, with an estimated project capital value of ~INR 14,000–16,000 crore, will comprise premium office buildings, hotel assets and curated retail space envisioned as a design-led commercial district on the Southern Peripheral Road in Gurugram, utilizing approximately 3.94 million square feet of FSI.
The proposed mixed-use project development represents Signature’s first large sized commercial real estate development within its existing land portfolio, marking a strategically significant milestone in its portfolio diversification. The transaction represents a significant strategic collaboration between the parties, 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 Corporate Team advising on the matter was led by Partner: Ankit Kejriwal and Counsel: Khushboo Sukhwani; and supported by Senior Associate: Radhika Bihani; and Associate: Aakanksha Ranjan.
The Trilegal Real Estate Team advising on the matter was led by Partner: Rahul Arora; and supported by Senior Associate: Shiv Badhwar.
About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With over 150 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,200 professionals across Mumbai, Delhi, Bengaluru, and Gurugram offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, M&A Firm of the Year by IFLR Asia-Pacific in 2024, Law Firm of the Year by Deal Volume at the VCCircle Awards in 2024.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com.
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