M3M Group, a real estate developer headquartered in Delhi-NCR, has recently unveiled its opulent residential venture situated on Golf Course Road Extension in Gurugram. This prestigious project holds a remarkable revenue potential of Rs. 4,000 crore.
The development known as ‘M3M Altitute’ covers a 4-acre plot of land and is situated in close proximity to the Trump Towers. It forms a component of the 60-acre prestigious enclave ‘M3M Golf Estate’. The total saleable area of the project amounts to approximately 1 million square feet. The landscape of the project was designed by 'Oracle Landscape'.
The project's development cost amounts to Rs. 1,200 crore and will consist of 350 super-luxury residences. The ticket prices will vary from Rs. 10 crore to Rs. 30 crore. The firm mentioned that the housing project is scheduled to be completed by 2031.
Sudeep Bhatt, President Sales, M3M Group, “In recent years, Golf Course Extension Road (GCRE) has emerged as Gurugram’s ultimate destination for luxury residences, catalyzing a surge in demand and substantial annual price appreciation of up to 40 percent. Average prices have reached over Rs 20,000 psf in 2023 and projections indicate further escalation to more than Rs 50,000 psf over the next three years. M3M is unveiling its latest masterpiece, reaffirming its status in the luxury real estate industry.”
Carefully constructed and thoughtfully planned, M3M residences offer an ideal living environment. Setting a new standard of living in Gurugram, their vibrant neighborhoods stand as a testament to our success.
The company has announced that the project's apartments will consist of 4BHK (including a servant room) and penthouses that vary in size from 3780 sq ft to 8000 sq ft.
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