Signature Global Foundation Launches Elderly Care Initiative, Takes Over Management of Two Old Age Homes in Varanasi
Signature Global Foundation Takes Operational Control of Two Varanasi Old Age Homes
Signature Global, one of India's leading real estate developers, has expanded its social impact footprint through its CSR arm, Signature Global Foundation, which has initiated a support programme for elderly care initiatives in Varanasi, Uttar Pradesh. The Foundation has undertaken the operations and management of Mumukshu Bhawan and Ramnagar Old Age Home in Varanasi, ensuring continuity of care and a nurturing environment rooted in spiritual and human values.
The move marks the Foundation's entry into elderly care as an operational partner, extending its portfolio of community programmes beyond education, healthcare, and women empowerment across Gurugram and the NCR region.
Two Distinct Care Models
Mumukshu Bhawan is located in the holy city of Kashi and was founded by renowned spiritual leader and Padma Puraskar awardee Acharya Pramod Krishnam Ji. With an approved residential capacity of 40–42 residents, the second facility is the Ramnagar Old Age Home, a modern 100-bedded elderly care facility spread across 6,840 square metres in the Government Industrial Area, Ramnagar.
Mumukshu Bhawan reflects Varanasi's distinctive spiritual heritage. The facility, positioned 100 metres from Manikarnika Ghat on the banks of the Ganga, serves elderly residents who follow the belief of "Kashyam Maranam Mukti"—the spiritual tradition of spending final years in Kashi.
In contrast, the Ramnagar facility operates as a modern long-term residential centre offering comprehensive support focused on healthcare, safety, and daily living assistance for senior citizens in a secular setting.
Foundation's Expanding Social Reach
The Foundation has reached over 80,564 students across government schools through initiatives such as Project Paathshala and Tech Udaan, empowered 18,399 girls through its flagship Jagruk Beti Swastha Beti programme, and provided healthcare access to more than 35,875 patients through Aarogyarise mobile healthcare units.
The Foundation has also supported underprivileged women through organised mass marriage initiatives aimed at easing social and financial barriers. Elderly care now extends this portfolio into a demographic segment traditionally underserved in corporate social programmes.
About Signature Global
Signature Global was founded in 2014 by seasoned professionals with decades of experience in the financial services sector. The company holds a market share of 13% in the Delhi NCR region and 27% in the micro markets of Gurugram within the mid-housing and premium segments.
In September 2023, Signature Global successfully completed its IPO with an overwhelming subscription of 12.5x, leading to its listing on the Bombay Stock Exchange and the National Stock Exchange of India. As of Q1 FY24-25, Signature Global has delivered over 11 million square feet of projects and currently has ongoing projects covering 16.4 million square feet.