MediumPositive
Announced Wed, 1 Jul · 17:52 IST

M3M Group to invest Rs 10,000 cr on construction, land acquisition in FY27

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AI summary

Gurugram-based M3M Group plans to invest Rs 10,000 crore in FY27, with Rs 7,200 crore earmarked for pure construction activities and around Rs 2,500 crore for land acquisition. The group, which currently has over 30 million sq ft under construction, has already acquired about 500 acres in Gurugram and adjoining areas for Rs 2,500 crore. The company is debt-free and will fund all investments through internal accruals, while continuing partnerships with global luxury brands like Elie Saab, Jacob & Co, and Trump.