Pressman House becomes Signpost House
Signpost India Limited has acquired the multi-storey commercial property near Mumbai International Airport for Rs 54 crore
Signpost India Limited has acquired a multi-storey commercial property near Mumbai International Airport. This deal, valued at Rs 54 crore, signifies a significant advancement for the company.
The newly acquired property has a municipal built-up area of 15000 sq ft apart from the service features. Its strategic location on Nehru Road, near Santacruz Airport, ensures exceptional connectivity, making it an invaluable addition to Signpost India Limited's solution portfolio.
Shripad Ashtekar, Chairman and Managing Director of Signpost India Limited, expressed his enthusiasm for the acquisition, emphasizing, "The Signpost House underscores our strategic initiative to strengthen our infrastructure and deliver innovative advertising solutions. This prime commercial property not only enhances our operational capabilities but also expands our service offerings, reinforcing our presence in the media and advertising sector. Moreover, it demonstrates our unwavering commitment to our stakeholders, including investors and talent.”