M3M India Announces ₹14,500 Crore Construction Acceleration Programme to Deliver 45+ Million Sq Ft Portfolio by FY31
M3M India Announces ₹14,500 Crore Construction Acceleration Programme
M3M India announced on 1 April 2026 a ₹14,500 crore construction acceleration programme to fund the development of more than 45 million square feet of its under-development portfolio. The developments will be funded through internal accruals and working capital, with the company maintaining a zero-debt balance sheet.
Delivery Timeline and Scale
M3M Group plans to deliver multiple projects totalling 7 to 9 million square feet annually over the next five financial years, with the goal of achieving 45 million square feet by financial year 2030–31 (FY31). Within this broader programme, M3M India has identified 7.8 million square feet across five projects in Gurugram for completion by FY27, spanning premium residential and mixed-use commercial projects. The company has already secured Occupancy Certificates for all five developments.
Portfolio Composition
Of the 45 million square feet earmarked to be funded, 37.4 million square feet is for residential projects, 5.6 million square feet is for retail and commercial developments, whereas the remaining 2 million square feet will be kept for industrial plotting.
Residential projects account for 5.8 million square feet, including M3M Capital 113 (3.2 million square feet) and M3M Antalya Hills 79 (2.6 million square feet). The remaining 2.0 million square feet is allocated to mixed-use commercial developments, including M3M Capital Walk 113 (0.8 million square feet), M3M Paragon 57 (0.9 million square feet), and M3M Jewel 25 (0.3 million square feet).
Financial Strength and Market Position
Pratik Tibrewala, Head of Corporate Finance at M3M India, said: "This entire capital deployment is being funded through internal accruals and working capital, reinforcing the strength of M3M's balance sheet and our net zero-debt position."
Together, these projects form one of the largest upcoming delivery pipelines in Gurugram, strengthening M3M India's position as a leading execution-driven developer. M3M India's delivery programme is supported by an in-house project management ecosystem, established contractor partnerships and a dedicated delivery team operating across sites simultaneously.
Developer Footprint
Founded in 2010, M3M India has quickly become one of India's fastest-growing real estate developers, led by Founder Chairman Basant Bansal, and supported by promoters Roop Bansal and Pankaj Bansal. Over the past decade, M3M India has established itself as one of Gurugram's leading real estate developers, with a portfolio spanning premium residential developments, high-value commercial ecosystems and India's largest branded residences offering. The company has brought globally recognised luxury collaborations, including Trump Towers, Jacob & Co. and Elie Saab, to the Indian residential market, reinforcing its positioning in the premium and luxury segment.
M3M India has established a notable presence in Gurugram, Noida, Manesar, Greater Noida & Chandigarh. M3M India develops luxury residential apartments and premium commercial projects across Gurgaon and the National Capital Region including Golf Course Road, Golf Course Extension Road and Dwarka Expressway.
