This was announced by Gurugram MP Rao Inderjeet Singh, who met Railway Minister Ashwani Vaishnav today.

“Gurugram is progressing by leaps and bounds but basic infrastructure like railway station needs a major upgrade. The work was already on and now PM Modi will launch the mega renovation project. Improved railway connectivity will be a major boost to the warehouse and freight corridors coming up in area,” he said.

The renovation work will include upgrade of passenger seating arrangements, train displays, footover bridge and waiting rooms. There will be multiple entry and exit points at Gurugram railway station. Informing about the demand for Farukhnagar daily railway passengers, the Railway Minister was told that the Garhi Harsaru to Farukhnagar-Delhi DEMU train was stopped during the Covid and has not been started to date. He said it should be started as soon as possible considering the demand of the passengers. The demand for construction of underpass and footover bridge near Garhi Harsaru railway station and Bhimgarh Khedi was also raised with the Railway Minister.

The Railway Minister instructed the officers present that the report on the demands raised should be submitted to him at the earliest. It was also decided that a washing should be built at Rewari railway station. The Railway Minister also informed that the Vande Bharat train will also have a stop at Rewari railway station from August.

Source : Tribune India

Gadkari made the remarks while addressingthe foundation stone laying and closing ceremony of the three-day cultural festival of India International Cultural Centre to be established by the International Divya Parivar Society and Chanakya Varta Parivar in Sector 9A, Gurugram.

As soon as the construction of this Expressway is completed, residents of Dwarka and old Gurugram areas will be able to reach Jaipur via Sohna using the Delhi-Mumbai Expressway in just two hours, the Minister said.

He also added that with the completion of this project, will be a reduction in the traffic load on the Gurugram-Jaipur National Highway as well.

“The work on the new Outer Ring Road being constructed in Delhi would be completed in the next six months. As soon as this construction is completed, the journey from Panipat to IGI Airport will be completed in a quarter of the time instead of two hours, which will save both time and fuel,” the Union Minister said.

He said that a strong road network of eight lanes underground and eight lanes above ground is being prepared on this road near Shivmurti in Delhi.

“This road would ensure a faster link, especially for the traffic going to Gurugram, IGI Airport, South and West Delhi to Chandigarh and beyond. This project will help in reducing the existing traffic load on Delhi roads including Ring Road and Outer Ring Road, as vehicles coming from Jaipur and Chandigarh will be able to use it as a bypass,” Gadkari said.

At present, such traffic has to pass through the Dhaula Kuan stretch, Ring Road, and Outer Ring Road, which consumes more time and leads to congestion and air pollution in the national capital.

Source : ET

Presenting M3M The Great Monsoon Sale! Unbelievable deals are pouring in! Don’t miss out on investing in the top brands, prime locations, and the finest retail mix. Don’t let the opportunity slip away – dive into our Monsoon Sale and make a splash in the world of real estate!

M3M Gurgaon Residential Properties Offers

M3M Crown

M3M Crown Monsoon Sale Offers

• 30:70 Payment Plan
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M3M Antalya Hills

Monsoon Magic at M3M Antalya Hills Sector 79 Gurgaon – Great Savings Await! Discover the beauty of luxurious living surrounded by nature’s splendor. M3M The Great Monsoon Sale is your ticket to save up to 12 Lakhs* on your dream residences. Embrace the monsoon in style and experience the ultimate luxury lifestyle.
Monsoon Sale Offers

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• 30:70 payment plan with a 9% rental discount
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M3M Capital

M3M Capital Monsoon Sale Offers

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Looking for a luxurious lifestyle amidst lush greens and serene surroundings? Our golf residences offer a perfect blend of luxury & nature, giving you the perfect opportunity to tee up your life. With luxurious amenities & stunning architecture overlooking lush golf courses, we offer the perfect retreat for those seeking a premium living experience. So, why wait? Come and experience the best of luxury living with M3M Golf Hills Sector 79 Gurgaon.

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M3M Gurgaon Commercial Properties Offers

M3M Jewel

M3M Jewel – A Future-Proof Investment Opportunity for Investors & Retailers is Coming on MG Road, Sec-25, Gurugram. M3M Jewel aims to offer a mix of retail shops, dining options, a multiplex, anchors, and offices, covering a space of 1.3 acres.

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M3M Route 65 is bringing premium commercial shops to offer you best & secured investment. Think to choose an investment plan that can bring you an assured rental property.M3M Route 65 Sector 65 Gurgaon is spread over 4 Acres of land and will become a masterpiece design that will make a different environment to provide a diverse and secure mix of living spaces and retail. Every sq. ft. of this project is strategically designed to be remarkably unique so, that this composes an exclusive development.

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M3M Paragon 57

M3M Paragon 57, an exceptional commercial development is waiting for your arrival. Located in the heart of the city. It delivers premium retail shops with world-class facilities. Moreover, spanned over 1.5 acres of a large area. Covered with lush acres of greenery. Also, the amazing features of the  M3M Paragon 57 Sector 57 Gurgaon will make you visit again and again.

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M3M Delivered Commercial Project

M3m group presents an incredible opportunity to book your own retail shops and take possession. This offer includes a five-year lease guarantee, five years of rental income, and a complimentary first transfer for the subsequent two years.

Below M3M Group projects brings you Monsoon Offer

M3M Urbana
M3M Prive 73
M3M CornerWalk
M3M Atrium 57
M3M Broadway
M3M Cosmopolitan

According to the company, the M3M City of Dreams project is located in Sector 37 in Panipat where in its Phase-I, the M3M India has introduced 900 plots, ranging from 140 to 180 square yards, with a value of Rs 600 crore.

The company claimed that out of 900 plots, as many as 436 plots have already been sold, with overall sales value of Rs 250 crore. The RERA license for phase-I has been achieved for 50 acres.

The company in a statement issued on May 19 said that the project will be launched in multiple phases.

“It will overall have a total of 2,100 plots, ranging from 140 to 1,000 square yards, a 1.45 million square-feet of retail space and four-clubs having overall 150,000 square-feet of space. Ample space has been kept to develop green belt as part of green-initiative by the company,” the real estate company said.

Sudeep Bhatt, president, M3M India said, “It is our first plotted development project and our thought is to provide best-of-the-class facilities under one roof to our customers and investors with sustainable development at its core.”

M3M India has lined-up the launching of a combination of about 8-10 ultra-luxury residential and commercial projects with overall saleable space of about 14-15 million square feet in financial year 2023-24.

Source : Money Control

Spread across 350 acres, the project will be launched in multiple phases by M3M India. It will overall have 2100 plots, ranging from 140 to 1000 square yards, 1.45 million square feet of retail space, and four clubs having an overall 150,000 square feet of space.

It will also have expandable villas, community parks, cycling tracks, clubs, restaurants and cafes, worship spaces, retail spaces, clinics, schools, cricket arena.

“Developing projects like ‘M3M City of Dreams’ has been on our radar for quite some-time now. It is our first plotted development project and our thought is to provide best-of-the-class facilities under one roof to our customers and investors with sustainable development at its core,” said Sudeep Bhatt, President, M3M India.

M3M has an ambitious plan lined up in FY ’24 with the launching of a combination of about 8-10 ultra-luxury residential and commercial projects with overall saleable space of about 14-15 million square feet.

M3M India reported the highest-ever sales of Rs 13,000 crore in FY’23, which is 113% higher when compared to the sales of Rs. 6,100 crore in FY’22. The company sold about 10 million square feet of space in FY ’23, which is about 81% higher when compared to the FY’22 figure of 5.5 million square feet of space.

The company has also set a record by selling 6380 units, both in residential and commercial space, during the FY’23, which is about 60% higher on YoY basis. In FY’22, the Company sold 4017 units in both segments.

The company registered the majority of its sales from residential projects, almost 70%, which accounted for Rs 9,307 crore, which is 131% higher on YoY basis. The commercial sales also rose 78% to Rs 3,693 crore. In the year FY ’22, M3M sales in the residential segment stood at Rs 4022 crore and commercial sales at Rs 2,078 crore.

M3M India has developed 50 realty projects, including retail, residential, offices, and service apartments and all of its projects launched prior 2019 have been already delivered and the construction is in full swing in the rest of the projects. The company has in its portfolio about 30 million square feet of overall space.

Source : ET

Phase-1 includes 900 plots of 140-180 square yards, with a value of Rs 600 crore. Of this, 436 plots have already been sold for Rs 250 crore. The real estate regulatory authority (RERA) license for phase-I has been achieved for 50 acres.

The firm will launch the project in multiple phases and once all the phases have commenced, the project will emerge as a state-of-the-art self-sustainable township on a 350-acre land-parcel.

It will have 2,100 plots of 140-1,000 square yards, 1.45 million sq ft of retail space and four-clubs having overall 150,000 square-feet of space, it said.

It will also have expandable villas, community parks, cycling tracks, clubs, restaurants & cafes, worship spaces, retail space, clinics, schools, cricket arena.

The project is about 100 km from Indira Gandhi International Airport and in close proximity to nearby cities like Ghaziabad, Gurugram, Faridabad, Bahadurgarh, Jhajjar and Palwal, through the eight-lane Eastern Peripheral Expressway.

M3M plans to launch a combination of 8-10 ultra-luxury residential and commercial projects in FY24, with an overall saleable space of 14-15 million sq ft.

The developer recorded its highest ever sales of Rs 13,000 crore in FY23, which is 113 per cent beyond the Rs 6,100 crore achieved in FY22.

The company has sold about 10 million sq ft of space in FY23, or 81 per cent more than the FY22 figure of 5.5 million sq ft.

The company has also set a record by selling 6,380 units, both in residential and commercial space, during FY23, which is about 60 per cent higher on YoY basis.

About 70 per cent, or Rs 9,307 crore, of M3M’s sales in FY23 came from residential projects, up 131 per cent YoY. Commercial sales rose 78 per cent to Rs 3,693 crore.

The Gurugram-based firm has developed over 50 realty projects, including retail, residential, offices, service apartments etc. and currently is expanding its presence across India.

All of its projects launched prior 2019 have been already delivered and the construction is in full swing in the rest of the projects. The company has about 30 million sq ft of overall space in its portfolio, it said.

Source : Business-Standard

While also considering similar projects in Mumbai, Bengaluru, and Pune, the real estate group plans to launch projects in Gurugram’s Sectors 113, 66, and 79. The site in Sector 113 has a total potential for development of 4.5 million sq ft, of which the corporation will build out roughly three million square feet in the first phase.

A luxury high-rise structure with roughly 2.5 to three million sq ft of area will be built in Sector 66 and opened in the first half of 2023. In Sector 79, the business also has ambitions to build 8.5 million sq ft over several phases.

In Gurugram’s Sector 61, Smart World Developers has unveiled a 1,00,000 sq ft premium high-street retail property with projected revenues of Rs 2.5 billion. Unit sizes at “Smartworld Orchard Street” range from 500 to 12,000 sq ft over three levels. The developer, who anticipates ending 2022 with revenues of Rs 40 billion, plans to increase those figures in 2023. Additionally, it anticipates ending 2022 with revenues of Rs 40 billion and aims to increase those figures in 2023.

The real estate developer, who has the support of India Infoline, Piramal Group, and the Bansal family (promoters of M3M group), intends to spend between Rs 80 and Rs 100 billion developing residential projects in Gurugram over the next few years.

Source : Construction World

The land in Sihi village is close to the heliport, Global City and a proposed station of the RRTS corridor. Officials said tenders were likely to be floated.

Union minister and Gurgaon MP Rao Inderjeet Singh said on Monday he had received information that 15 acres had been earmarked for the ISBT project and tenders for it would be floated soon. “The old bus stand in the city is in a poor condition and needs to be demolished at the earliest,” he said after a meeting on development projects in Gurgaon, Rewari and Nuh.

A new ISBT for Gurgaon was under consideration for long. Once ready, it will bring much-needed relief to commuters as the current bus stand near Mahavir Chowk in the old city operates out of an old and dilapidated building. There is no waiting area for the passengers, and snarls are frequent because of the movement of buses. In 2021, the Haryana Roadways had sent a proposal to the government, demanding 15 acres near the Dwarka Expressway for the construction of an ISBT. The state’s industrial development corporation has around 100 acres for public utility. The 15 acres for the ISBT have been carved out of that.

Officials agreed it was high time a new bus stand came up in the city. “The administrative building at the old terminal lacks enough room for the staff. The movement of buses also leads to frequent snarls here. Since the population of the district is increasing, there is a need for a bigger and more modern ISBT,” an official said.

Built in 1958, the current bus stand had come up in an area that was largely vacant. In 2015, the PWD conducted a safety audit of the old terminal building and found it structurally unsafe. Three years later, the state government announced plans to construct a new bus stand on a public-private partnership model.

Initially, the roadways had identified a plot in Rajiv Chowk for the new bus stand, but the proposal did not materialise. Officials said the new location in Sihi village was more feasible as it was close to the Dwarka Expressway, SPR, the proposed Global City, heliport and a station on the Delhi-Gurgaon-S NB-Alwar RRTS corridor.

Source : TOI

M3M India has always been a leader in the Indian real estate market for years, thanks to their commitment to excellence and innovative property development. Recently, the group announced the M3M Big 2020 Offer, a new offer available to all customers who want to purchase commercial properties. In this article, we’ll discuss everything you need to know about this offer and investing in commercial properties with M3M India.

Advantages of Investing in M3M Commercial Properties with the Big 2020 Offer

Investing in M3M commercial properties during the Big 2020 Offer is an excellent way to generate high ROI and rental income. The potential ROI is expected to be 170%, which is significantly higher than the ROI of residential properties. With long-term lease agreements, commercial properties offer a stable and predictable source of rental income, making them a great investment option for anyone looking to diversify their portfolio.

Commercial Properties Applicable to the M3M Big 20-20 Offer

The M3M Big 2020 Offer is applicable to all M3M commercial properties, including M3M Jewel in MG Road, Gurgaon, M3M Paragon in Sector 57, Gurgaon, M3M Lofts in Sector 71, Gurgaon, and M3M Capital Walk in Sector 113, Gurgaon.

M3M The big 20-20 offer

• Pay 20% and Own A Shop
• Get a 20% Discount on the Total cost
• Balance Payment to be paid in 4 Years
• payment plan – 20| 20| 20| 20 | 0
• (now | 1 Yr | 2 Yr | 3 Yr | 4 Yr)
• Earn Rentals from Day 1
• First Transfer Free
• Double Rent ** in Delivered Retail – Actual rent from the Brand also goes to Investor

** TnC apply

• On 20% – 9% Pre handover
• On 40% – 11% Pre handover
• On 60% – 13% Pre handover
• On 80% – 13% Pre handover

M3M Jewel in MG Road, Gurgaon

M3M Jewel is located in one of the prime locations in Gurugram, offering premium office space with state-of-the-art amenities like high-speed elevators, 24/7 security, and ample parking space. It’s expected to have an ROI of 8-10%, making it a great investment for those looking for a steady income stream.

M3M Paragon in Sector 57, Gurgaon

M3M Paragon is located in sector 57, offering office space with world-class amenities like a gym, rooftop restaurant, and landscaped terrace. It has an expected rental income of Rs. 70-80 per square foot, making it a great investment for those looking for high rental income.

M3M Lofts in Sector 74, Gurgaon

M3M Lofts is a mixed-use development offering office space, serviced apartments, and retail spaces. It’s located in sector 74, Gurgaon, with the highest footfall. The property offers world-class amenities like a rooftop swimming pool, gymnasium, and landscaped terrace, with an expected ROI of 9-12%.

M3M Capital Walk in Sector 113, Gurgaon

M3M Capital Walk is located in Sector 113, Gurgaon, offering premium retail spaces. It’s expected to have an ROI of 12-15%, making it a great investment for those looking for high returns.

Take Advantage of the M3M Big 2020 Offer Today

With M3M India’s latest offer, the M3M Big 2020 Offer, you can pay only 20% and get a 20% discount on your purchase. The remaining amount can be paid over four years through a payment plan of 20:20:20:20, where residents can pay 20% each year for four years, and the company pays the last 20%. Don’t miss out on this amazing opportunity to own a commercial property that suits your needs and budget.

Moreover, customers can also get assured gifts on each booking, including a 10g gold coin, an iPhone, a Smart TV, or an Amazon Gift voucher. Visit M3M India’s website today to learn more about this offer and start investing in M3M commercial properties.

In FY 23, Smartworld launched a premium high-rise residential project, ‘Smartworld One DXP’ , at Sector 113, Dwarka Expressway. The company is investing approximately Rs 1700 cr in developing the project and expects to generate approx. Rs 5300 cr in revenue from it. The project is spread over 16 acres with a saleable area of 3.9 million sq. ft. The project has 1800 units ranging from 1300 sq. ft. to 2800 sq. ft. in two phases. The project has received a tremendous response, with Smartworld One DXP’s 2.5 BHK units completely sold out within a few days of its launch.

Commenting on this, Vivek Singhal, CEO, Smartworld Developers, said, “In its two-year journey, Smartworld Developers has carved a niche in the real estate industry as one of the fastest growing new-age real estate companies. Setting new benchmarks, in FY 23, we have witnessed sales worth Rs 3500 cr. Our recent offering ‘Smartworld One DXP’ has received an overwhelming response from the market with the 2.5 BHK units being completely sold out within days of launch. Also, our two debut projects- Smartworld Orchard & Smartworld Gems – are well on their target of early completion and we hope to hand over these low-rise floors with high rise amenities beginning Q3 this year, well before the committed date.”

“We aim to continue our growth trajectory and target to achieve sales worth Rs 7,000 cr in FY 24, as we expand into two new geographies, including Noida and Bangalore, with premium to luxury residential projects,” added Singhal.

Earlier in the year, the company secured Rs 250 cr of investment from Motilal Oswal. The funds are being utilised for the company’s expansion. In its very first year, the company has already prepaid its initial investments of Rs 400 cr from the Piramal Group and IIFL against the contracted timelines of 2-3 years.

Source : FE