M3M to start first housing project on Sahara land1 min read . Updated: 31 Oct 2021, 11:13 PM IST
- The developer plans to launch about 1,100 premium apartments in Sector 113, Gurugram, in a month’s time.
- Of the 185-acre mixed-use development, with 12 million sq. ft of built-up area, about 165 acres will be developed as a township.
BENGALURU : Real estate firm M3M Group will launch its first residential project in Gurugram’s Sector 113 within a month, and proposes to build 1,100 premium apartments on the 185 acres it bought from Sahara Group for ₹1,211 crore about six years ago, said Pankaj Bansal, director, M3M in an interview. Two-bedroom units (600) will be priced at ₹1.5 crore and three-bedrooms (500 units) will be available for ₹2 crore. The construction cost is about ₹600 crore and the units will be delivered in 2023.
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