Tag: Smartworld Developers

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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…

IndustryLatest Stories

Smartworld Developers Buys 6 Acres in Noida for ₹414 Crore

Representative AI image NEW DELHI: Gurugram-based Smartworld Developers has successfully acquired a 24,000 sq. meter (approximately six-acre) land parcel in Sector 98, Noida, through auction for ₹414 crore. The estimated development cost of the project is around ₹2,000 crore, with a projected revenue of approximately ₹3,000 crore. The company plans to develop a mixed-use project featuring branded residences, high-street retail, and serviced homes. The company reported ₹6,400 crore in sales for FY25, marking an impressive 60% year-on-year growth. They have delivered 6.5 million sq. ft. of space, with another 20 million sq. ft. currently under development. With assets under management…