M3M India said in a statement that it had launched a retail real estate project – ‘M3M Capital walk’ in sector 113, Gurugram, on the 150-meter-wide Dwarka Expressway Road.
On Thursday, Real Estate Company M3M India announces it will invest Rs 700 crore in developing a new retail project in Gurugram, Haryana.
The company said in a statement that it would launch a new retail project – ‘M3M Capital walk’ in sector 113, Gurugram, on the 150-meter-wide Dwarka Expressway.
This new retail project will have 1,047 units with distinct sizes, ranging from 100 to 3,000 square feet area. M3M is the focus for a top-notch of Rs 2,000 crore from this upcoming project.
M3M India Director Pankaj Bansal Said
M3M India, Director Pankaj Bansal, said the company is making investments to build a portfolio of 6 million square feet area of retail spaces in M3M Capitalwalk. The new retail project will have 1 million square feet of space available for sales, he added in his statement.
‘M3M Capital’ the company’s residential project and ‘M3M Capitalwalk’ retail project are spread across 25 acres. This residential project (M3M Capital), comprising 1,700 units, is anticipated to generate a passive income of Rs 3,500 crore from the residential part.
M3M Route 65 new retail project by M3M India
Recently, M3M India launched a 5 lakh square feet retail project, ‘M3M Route65’, in Gurugram with an approximate cost of Rs 1,000 crore from this retail project. Till now, M3M India has launched a total of 41 projects so far, out of which 28 projects have already been delivered to the public.
This real estate company is one of the leading companies in the Gurugram market in the region of Delhi-NCR.