Real estate developer M3M India has purchased a 13-acre land parcel in Noida. The outright purchase has been through e-auctions and the developer plans to invest around Rs 2,400 crore to develop a mixed-use project. M3M India has a major presence in Gurugram and this is part of the company’s market expansion to Noida through this project.
Track2Realty: M3M India has announced its business partnership with Miele, Germany’s premium manufacturer of high-end domestic built-in Kitchen appliances and commercial equipment. Redefining your living experience, this association is exclusively for M3M India’s ultra-luxury project ‘M3M Golf Estate’.
Track2Realty: Dr Kunal Banerji has re-joined M3M and this is his second innings with the company as Marketing Head. Previously, he was responsible for launching M3M’s realty brands like M3M Golf Estate, Polo Suites, URBANA, Cosmopolitan and Merlin.
M3M has bought 28 acres of land in Gurgaon from…
DLF has sold a 28-acre plot in Gurgaon to M3M India for Rs.440 crore, in the first among many such big-ticket sales it has lined up this fiscal to bring down mounting debt.
Raids by income tax sleuths on the offices of realty firm M3M recently yielded Rs.314 crore unaccounted income.
Tata Realty and M3M Developers are believed to be in the race to buy DLF’s Gurgaon plot for around Rs.400 crore.
Luxury real estate developer M3M India has appointed L&T to build the 7-star Luxury Residences – M3M Golf Estate.
Prestige Group has emerged as the new Brand Leader of Indian real estate. The brand had continuously been closer to the Leadership and among the Top 3 National Brands. Brigade Group makes a giant leap and jumps from Number 5 to now the 2nd Best Brand of the business. DLF is continuously scaling up and now rests as 3rd Best Brand at the National level. Godrej Properties is losing its sheen as a Valuable Brand and slips down to Number 5 from Number 2 this fiscal year. Puravankara is also proving to be the Dark Horse of the National Brand Leadership and emerges from Number 7 to now at Number 5.
Godrej Properties has strengthened its brand leadership for the 2nd consecutive year. The 9th edition of Track2Realty BrandXReport 2020-21 finds that the K-shaped recovery in the Indian real estate has helped most of the organized developers with corporate governance, at the cost of the large universe of the companies operating like personal fiefdoms.