Business
Signature Global Signs Rs 380 Crore MoU For Earthquake-Resistant Towers
Last Updated:
Signature Global will invest Rs 380 crore with CECO Hirun Pvt Ltd to use Hysteretic Tuned Mass Dampers in 80-100 towers.
CECO Hirun Pvt Ltd is an engineering company formed through a strategic joint venture between CECO Infratech Pvt Ltd and international partners.
Realty firm Signature Global on Saturday said it will invest Rs 380 crore on adoption of advanced earthquake resistance technology in its ongoing and future residential projects.
The company has “signed a Rs 380-crore Memorandum of Understanding (MoU) with Indo Italian Joint Venture CECO Hirun Pvt Ltd for this construction technology”.
The ‘Hysteretic Tuned Mass Dampers (HTMDs)’ technology is a specialised system designed to reduce vibrations in high-rise buildings caused by wind and earthquakes, the company said.
By controlling building movement, it enhances stability and occupant comfort.
“Around 80-100 high rise residential towers will be covered under this Rs 380 crore MoU,” said Lalit Aggarwal, Co-Founder & Vice Chairman of Signature Global.
He said the scope of the MoU will be expanded as per the company’s requirement.
“As India’s cities grow taller, the responsibility to ensure safety, comfort, and long-term value for residents becomes even more critical. Our collaboration with CECO Hirun Pvt Ltd combines global expertise with deep understanding of local construction practices, enabling technically robust systems that integrate seamlessly into our building designs,” Aggarwal said.
In seismic-prone regions like Delhi-NCR (Seismic Zone IV), integrating advanced vibration control solutions at the design stage is crucial for long-term safety and stability, the company said.
Agostino Marioni, Chairman, CECO Hirun India Pvt Ltd, said the company has partnered with Signature Global to deploy advanced vibration-control technology across their high-rise developments. “This initiative reflects our shared commitment to engineering excellence and innovation, setting new benchmarks for resilient, future-ready infrastructure in India,” he added.
Signature Global is one of the leading real estate companies in the country.
As of September 2025, the company has successfully delivered 16 million sq ft of real estate.
In the last fiscal year, Signature Global reported sales bookings of Rs 10,290 crore.
CECO Hirun Pvt Ltd is an engineering company formed through a strategic joint venture between CECO Infratech Pvt Ltd and international partners.
Click here to add News18 as your preferred news source on Google.
January 18, 2026, 14:09 IST
Read More
Mumbai: RBI has required banks to report all foreign exchange derivative deals involving the rupee undertaken in India and globally by their entire group, including overseas branches, subsidiaries, and parent entities. This brings into view offshore trades that were earlier largely invisible. This applies to both OTC deliverable and offshore non-deliverable contracts, meaning even speculative offshore bets on the rupee must now be disclosed. Banks now must report detailed transaction data-size, counterparty, maturity, and structure-no later than two working days, though trades below $1 million and certain already-reported or internal hedging transactions are exempt.
Business
Renters’ Rights Act: My tenant owes £15,000 in rent, but I can’t get them out of the property
Currently, under a so-called Section 21 notice, a landlord can evict a tenant without giving a reason – and with just eight weeks’ notice. The new legislation will restrict landlords to a handful of legal reasons for evictions, including wanting to move back in, anti-social behaviour by tenants or persistent rent arrears.
Sarah has now got her money back but there are calls to reform the deadline for reporting scams to banks.
Source link
‘The Voice’ star Dylan Carter died at 24: Cause of death revealed
‘Euphoria’ star Jessica Blair Herman unveils truth about feud amongst cast
Banks to report all related party forex derivative transactions: RBI – The Times of India
-
Sports1 week agoNCAA men’s gymnastics championship: All-time winners list
-
Sports1 week agoWWE WrestleMania 42 Night 2: Live match results and analysis
-
Politics7 days agoUK’s Starmer seeks to deflect blame over Mandelson appointment
-
Fashion1 week agoUK’s Sosandar returns to profitability amid robust FY26 performance
-
Entertainment1 week agoLee Anderson, Zarah Sultana kicked out of UK Parliament for calling PM ‘liar’
-
Business1 week agoNo fuel shortage: Govt assures 100% domestic LPG, PNG, CNG supply amid Hormuz energy crunch – The Times of India
-
Business1 week agoHow Trump’s psychedelics executive order could unlock stalled cannabis reform
-
Sports1 week agoQuetta Gladiators opt to bowl after winning toss against Peshawar Zalmi in PSL 11 clash