NEW DELHI: M3M India’s luxury residential project ‘M3M Capital’ achieved a remarkable sales worth Rs 1200 crore during Navratri.
Spread across 15 acres with 1700 units, ranging from 2.5 BHK to 4.5 BHK in across 13 towers, ‘M3M Capital’ has been in high demand since its launch. Besides having unique facilities & amenities, including private foyer, green landscape, separate yoga & meditation area, and a 60,000 square feet clubhouse; ‘M3M Capital’ is located right on upcoming Dwarka Expressway.
The project has close proximity to International Airport, and is a part of larger vision for Smart City Delhi Airport.
Being built with a construction cost of Rs 1500 crore and an overall 3 million square feet of space, M3M India is looking forward to a topline of Rs 3500 crore from this project.
Pankaj Bansal, Director, M3M India said, “The Navratri festival has been extremely good for the real estate developers. Irrespective of change in repo rate by RBI, the sentiments of customers’ & investors in the residential sector are only becoming more aggressive. Certainly, there is a spike in the customers’ demand for luxury residential segment, falling under Rs 5 crore budget.
Gurugram in particular is attracting more young millennial and startups due to growing highways and expressways network. The festive season has only brought more energy to the sales, and as a real estate developer, we are confident that this momentum will continue further. Our recently launched ‘M3M Capital’ residential project in Sector 113, Gurugram has also been receiving tremendous response and has recorded Rs 1200 crore sales during Navratri itself.”