By Team Homes | Saturday, 28 October 2023

Real Estate Developers M3M delivers Six Projects comprising 6.5 million square feet

M3M India is one of the fastest-growing real estate developers in the country, known for delivering both residential and commercial projects on time. With over 50 projects and 30 million square feet of space delivered in Gurugram alone, the company prioritizes its core values of trust, transparency, and timely delivery. It is worth mentioning that all projects launched by M3M India prior to 2019 have been successfully delivered. To provide the best experience to investors and customers, the company has integrated its business model to offer end-to-end solutions within the organization, saving time and cost. This integration also ensures better facilities and monitoring for projects. M3M India has a strong vision and a bright future, having been founded on the basis of 3,000 acres of land at strategic locations. In the current fiscal year, M3M India has successfully completed three major construction projects: two residential and one commercial. These projects include M3M Heights and M3M Flora68, both residential properties, and M3M Skylofts, a commercial property. The combined space of these three properties is approximately 2.5 million square feet, with a construction cost of Rs. 1250 crore. M3M Heights is a luxurious residential project located in Sector-65.

It features 1244 units and is considered one of the most lavish residential spaces in the area. M3M Flora68, on the other hand, is a residential property located in Sector-68. It includes 114 units of varying sizes. M3M Heights is also known as Gurugram’s first mixed-use development project. It is the first project to receive RERA approval in 2017. Lastly, M3M Skylofts is a double-height commercial property with 270 studio apartments. It is located in Sector-71, adjacent to the 8-lane Southern Peripheral Road (SPR). In the second half of FY 24’, the Company is all set to deliver 3 more projects - M3M Atrium57, M3M Solitude and M3M Lofts74, comprising about 4.0 million square feet of space with a construction cost of Rs. 2000 crore. All the residential projects of M3M India have state-of-the-art ultra-luxurious facilities like clubhouses, swimming pools, walking areas, playgrounds, gyms, meditation spaces and yoga centers, to name a few. Last financial year, M3M India launched a number of new retail and residential projects including the M3M Capital residential project, and a kilometre-wide retail project - M3M Capital Walk, both on the Dwarka Expressway as part of Smart City Delhi Airport vision. The Company also launched elite retail projects M3M Jewel on MG Road, right on the IFFCO Chowk in Gurugram, and M3M Route65 on Golf Course Extension Road. The combined topline of these projects has been about Rs. 7,650 crore.

All the projects of M3M India across various locations generate ample employment opportunities for the locals at different levels. In general, M3M ongoing projects create about 14-15,000 employment opportunities at different levels. The welfare of on-site workers is also of utmost importance and is taken care of by the philanthropic arm of the Company - the M3M Foundation. M3M Foundation is reaching out to about 500,000 beneficiaries with structured programs on education, nutrition, health & hygiene, care for the elderly, support & scholarships to sportsmen, training of rural youth for gainful employment, and women empowerment.

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