NEW DELHI (INDIA): Gurgaon’s real estate market has started showing signs of revival with M3M Group delivering its five key projects post demonetization. Prime Minister of India Narendra Modi’s demonetization move which was expected to curb black money also resulted in the slowdown of the real estate sector.
But now the scenario is changing as M3M, one of the leaders in luxury segment has started to deliver key projects within a short span of time post demonetization. M3M Group has delivered five of its projects from November 2016 till April 2017.
The delivery started with its commercial projects M3M Cosmopolitan in November 2016 and later M3M Urbana (commercial) in February 2017. Now, two of the Group’s signature residential projects in the luxury segment, M3M Golf Estate and M3M Merlin have been delivered. M3M Woodshire, another residential project is slated for delivery next week. The expected sales revenue from these projects is Rs. 7500 crore.
“We have a slew of projects lined up for delivery. After successful delivery of M3M Cosmopolitan and M3M Urbana, three of our residential projects M3M Golf Estate, M3M Merlin and M3M Woodshire are now getting delivered. World-class designs, top notch amenities and high-end materials distinguish us as developers and we are well on course to give end-to-end luxury living experience to our patrons,” said Pankaj Bansal, Director, M3M Group.
Mixed-use development Projects:
M3M Cosmopolitan:
· The Group delivered M3M Cosmopolitan (Sector 66, Gurugram) – first hi-street retail hub on Golf Course Road Extension in November 2016.
· M3M Cosmopolitan, ~ 3 acres of mixed-use development project, is the only high-street retail project on Golf Course Road Extension.
· The project has 172 Office Units and 135 Retail Units.
· More than 30 popular brands have signed-up and channels are open for many more to followM3M Urbana:
· M3M Urbana (Sector 67, Gurugram) is the largest integrated commercial development. It was delivered in February 2017.
· Approximately 12 acres of mixed-use development project, it has Offices (127 units), Retail (400 units) and five F&B outlets.
· Nearly half a km of frontage area, more than the city has yet seen.
· More than 11 acres and 500 units of commercial area getting delivered means that the location is waiting to buzz with activity.Slew of residential projects delivered:
M3M Golfestate
· M3M Golfestate is the Flagship project and is sprawled across more than 66 acres of landscaped greens.
· Over 500 units are lined up for delivery in the first phase of the project.
· The project has 3,4 BHK, imperial duplex and triplex residences and Penthouses
· The project features a 9-hole executive Golf course designed by Golf Plan, USA, Landscaping has been done by Geyer Coburn Hutchins (USA), Structural Designing Partners are Leslie. E. Roberts and Associates (LERA), USA
· A combination of low-rise, mid-rise and high-rise towers, the project comprises luxury apartments
· Prominently located on the Golf Course Road Extension, Sector 65, GurugramM3M Merlin
· Another premium project of the Group is M3M Merlin
· It is located in sector 67, Gurugram
· Sprawled over approximately 14 acres
· Conceptualized around the idea of bringing Singaporean lifestyle to Gurugram.
· Two Units on a Floor, three-side open apartments, standalone towers, all apartments facing the central greens, nearly eight acres of landscaped greens, world-class club, sports amenities like lawn tennis, basketball, badminton courts, cricket pitch and the first time ever in Gurgaon – laundromat facility and mechanical car wash services are the USPs of the project.
· The project has 520 unitsM3M Woodshire
· M3M Woodshire is located at sector 107, near Dwarka Expressway, Gurugram.
· As a fast-developing zone and located just 15 minutes away from the Delhi International Airport, the area seamlessly connects Gurugram with the Capital city.
· The project has 995 units – with 512 units lined up for delivery shortly – and is spread across approximately 18.3 acres.