IndustryLatest Stories

M3M, Smartworld, ELIE SAAB Partner on ₹3,500-Crore Housing in NCR

NEW DELHI: M3M India and Smartworld Developers have partnered with ELIE SAAB, a prominent fashion and lifestyle brand, to create two ultra-luxury residential projects in the Delhi-NCR region, totaling an investment of approximately ₹3,500 crore. The projects represent ELIE SAAB’s inaugural entry into the Indian real estate market. M3M India will oversee a luxury housing project in Gurugram, while Smartworld Developers will lead a separate residential development in Noida. In Gurugram, M3M India intends to build around 300 apartments in sector 111, within the Smart City Delhi Airport (SCDA) zone. The project will feature spacious four-bedroom residences with unit sizes…

Latest StoriesRegulatory

Punjab and Haryana Bar Council Approves M3M India Directors

NEW DELHI: The privilege committee of the Bar Council of Punjab & Haryana has exonerated M3M India directors Roop Bansal and Yateesh Wahal, along with 17 lawyers representing them, from claims of bench hunting and forum shopping. In a comprehensive seven-page order issued on November 12, 2025, the Committee concluded that there was no evidence of malicious intent or any organized effort to sway case assignments. The order indicated that withdrawals, re-filings, and listings of cases are standard practice within legal proceedings. The committee’s conclusions came after a thorough examination of written submissions, affidavits, and electronic communications, as well as…

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M3M India to Invest ₹7,200 Crore in Delhi Integrated City

NEW DELHI: M3M India is set to invest around ₹7,200 crore to create Gurgaon International City (GIC) on the Dwarka Expressway Link Road in New Delhi. This integrated township, spread over 150 acres with plans for expansion to 200 acres, is projected to generate a revenue of approximately ₹12,000 crore. Pankaj Bansal, the company’s promoter, stated, “Our vision is to draw global corporations and enterprises that epitomize future innovation and sustainable growth.” The initial phase of Gurgaon International City (GIC), covering 50 acres and already RERA-approved, will feature 300 plots. The development will comprise data centers, innovation parks, EV hubs,…

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M3M India to Invest ₹2,100 Crore in Noida’s Jacob & Co. Residences

NEW DELHI: M3M India has announced a ₹2,100 crore investment to develop the Jacob & Co. Residences in Noida. The project will be situated on six acres in Noida’s central business district and is expected to generate a topline of around ₹3,500 crore. This development marks the entry of the Jacob & Co. branded residential concept into India. The company aims to complete the project within three years. The development will be implemented in two phases: the first phase will feature 150 branded residences, while the second phase will include approximately 100 ultra-luxury serviced residences. Apartments will be available in…