M3M lines up Rs 14,500 crore to accelerate 45 million sq ft real estate portfolio

M3M India will invest Rs 14,500 crore to accelerate the construction of its 45 million sq. ft. under-development portfolio, a senior executive said. The developments are being funded through internal accruals and working capital, with the company maintaining a zero-debt balance sheet.

"Our strong cash flows, financial discipline, and continued investor confidence allow us to accelerate construction while maintaining complete financial independence,” said Pratik Tibrewala, Head of Corporate Finance at M3M India.

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M3M India has identified 7.8 million sq. ft. for completion by FY27, spanning premium residential and mixed-use commercial projects.

The company has already secured Occupancy Certificates for all five developments. Residential projects account for 5.8 million sq. ft., including M3M Capital 113 (3.2 million sq. ft.) and M3M Antalya Hills 79 (2.6 million sq. ft.).

The remaining 2 million sq. ft. is allocated to mixed-use commercial developments, including M3M Capital Walk 113 (0.8 million sq. ft.), M3M Paragon 57 (0.9 million sq. ft.), and M3M Jewel 25 (0.3 million sq. ft.).

"Gurugram continues to evolve as one of India's most dynamic real estate destinations, and we remain committed to building landmark developments that shape the city's future,” said Yateesh Wahaal, Director at M3M India.

M3M India 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.