M3M India

Real Estate Focussed Fund Experion Developers Set To Acquire Dignity Buildcon

Listen To The Article Experion Developers Singapore’s real estate focussed fund received the highest votes for Blackstone-backed besieged Dignity Buildcon in a deal that would imply a 50% recovery for lenders originally led by Stanchart Bank, as per the application filed by the resolution expert with the bankruptcy court. Experion Developers offered Rs 450 crore for the real estate...

Realtor M3M Acquires Rs 1,500 Crore From PAG Credit & Markets

Realtor M3M Acquires Rs 1,500 Crore From PAG Credit & Markets

Listen To The Article M3M Realty has secured a Rs 1,500 crore debt facility from alternative investment firm PAG Credit & Market for eyeing its portfolio expansion. The money will be paid back in four instalments of 600, 300, 250, and 350 crores over the course of 1.5 years. The funds will be used to expand the portfolio and make additional land acquisitions. M3M recently completed...

M3M India Purchases 350-Acre Land In Panipat Haryana For Rs. 1500 Crore

M3M India Purchases 350-Acre Land In Panipat Haryana For Rs. 1500 Crore

Listen To The Article M3M India, a real estate developer, has paid Rs. 1,500 crores for a 350-acre plot of land in Panipat, Haryana. The company plans to invest another 1,200 crores in the development of an integrated township. This property is purchased from Ambience Group. M3M India Director Pankaj Bansal told PTI that the company will invest a total of 2,700 crores in this township project,...

M3M India Purchases land in Gurgaon

M3M India Purchases 1.3-Acre Land Near Iffco Chowk Gurugram For Rs 200 Crore

Listen To The Article   M3M India has purchased 1.3-acre land parcels in Gurugram for approximately Rs 200 crore in order to construct a luxury commercial project, primarily retail space. The land near IFFCO Chowk was acquired through an auction held by Haryana Shahari Vikas Pradhikaran (HSVP). The entire project would cost Rs 250 crore. The estimated top line for this...

M3M India Buys 13-Acre Land Parcel in Noida

M3M India Buys 13-Acre Land Parcel In Noida For Rs 827.41 Crore

Listen To The Article M3M India has bought 13 acres of land parcel in Noida through e-auctions and plans to invest around Rs 2,400 crore in developing a mixed-use project, according to its director Pankaj Bansal. M3M India, which has a significant presence in Gurugram, will enter the Noida property market with this project. "We bought a 52,000 square metre plot in Sector 94 in an...

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