Joint Venture14 Jan 2026

M3M India & Smartworld Developers Partner with ELIE SAAB for 'Signature Residences' in Gurugram and Noida with ₹3,500 Crore Investment

Haute Couture Meets Real Estate: ELIE SAAB Enters Indian Residential Market

M3M India and Smartworld Developers announced a partnership with ELIE SAAB, the global fashion and lifestyle brand, on January 14, 2026, for the development of Signature Residences by ELIE SAAB in Gurugram and Noida. This marks ELIE SAAB's first branded residential developments in India.

The partnership involves a combined investment of ₹3,500 crore across two ultra-luxury residential projects. The collaboration will see 300 high-end apartments in Gurugram and around 650 homes in Noida, catering to India's fast-growing appetite for globally branded, design-led residences.

Gurugram: Sector 111 in the Billionaire's Block

The Gurugram project comprises approximately 300 ultra-exclusive units, primarily 4-bedroom residences. The Elie Saab residencies in Gurugram will be situated within the Billionaire's Block and comprise 300 exclusive residences with four-bedroom layouts ranging from 4,200 to 4,650 square feet.

The project is located in Sector 111, along the Dwarka Expressway, within the exclusive Smart City Delhi Airport (SCDA) enclave. The investment for this project is around ₹2,000 crore with expected revenue potential up to ₹4,700 crore. Pricing starts from approximately ₹15 crore.

Key features include wrap-around decks, private Jacuzzis, 12-foot high ceilings, bespoke interiors inspired by Elie Saab's design language, one residence per core for maximum privacy, and premium Italian craftsmanship blended with contemporary luxury.

Noida: Sector 98 on the Noida-Greater Noida Expressway

Smartworld Developers will build a six-acre project with a total investment of ₹1,500 crore and a developable area of 1.2 million square feet. The project will feature approximately 650 units, including about 200 larger luxury homes priced between ₹9 crore and ₹12.5 crore, and 450 serviced apartments with starting prices of nearly ₹3 crore.

The Noida project will have 200 branded residences in 3 and 4 BHK layouts ranging from 2,850 to 3,810 square feet, plus 480 apartments in 1 and 2 BHK layouts. The location features views of the scenic Golf Course on one side and the tranquil Yamuna River on the other.

Design and Interiors: Italian Craftsmanship and Couture Precision

Interiors and shared spaces feature bespoke furniture and décor pieces from the ELIE SAAB Maison collection, designed in creative collaboration between Elie Saab and Carlo Colombo, developed under license by Corporate Brand – A++ Group, and crafted in Italy.

Residents will have the privilege of working alongside the ELIE SAAB Maison team to configure and personalise their interiors, with dedicated access to the collection, bespoke consultation, and exclusive terms reserved for owners.

Lifestyle amenities across both projects are comprehensive: concierge services, wellness and spa facilities, swimming pools, fitness centres, residents' lounges and dedicated children's areas.

Timeline and Investment Scale

Both projects are scheduled for completion in 2030. Together, the projects will deliver nearly 950 luxury homes, addressing India's rapidly growing demand for globally branded, design-led residences.

ELIE SAAB's Global Real Estate Footprint

ELIE SAAB entered real estate in 2019 with its first project in Dubai and has since completed over 25 branded residential projects globally. The company is currently running branded residences in 14 countries including Vietnam, London, Casablanca, and São Paulo.

Founded in Lebanon in 1982, ELIE SAAB is one of the world's leading Haute Couture lifestyle brands, with established flagship boutiques in major fashion capitals including Paris, London, Milan, Dubai, and Beirut. Beyond real estate, ELIE SAAB is also planning to expand its retail presence in India, with a proposed 3,000–4,000 square foot ready-to-wear store in Delhi.

Developer Context: M3M India and Smartworld

M3M was founded in 2010 by Mr. Basant Bansal, a visionary entrepreneur with deep expertise in real estate development, infrastructure planning, and large-scale project execution. M3M has rapidly risen to become the second largest real estate developer in India and the top developer in North India, establishing itself as an illustrious developer within a decade with a strong focus on speed, class, and innovation.

Smartworld Developers is a next-gen real estate brand that has emerged among India's most influential luxury developers with its focus on scale, innovation, speed and delivery, building in just over 4 years an impressive portfolio that includes refined low-rise developments, ultra-luxury high-rises, and international branded living.

Pankaj Bansal, Promoter of M3M India and Founder of Smartworld Developers, stated: "Our collaboration with Elie Saab represents an important step in our vision to create residential developments defined by design integrity, quality, and long-term relevance. Through Elie Saab, we aim to deliver thoughtfully designed living environments that reflect global standards while addressing the evolving expectations of India's premium homebuyers."

Related: M3M ELIE SAAB

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