M3M opens 4.87 lakh square feet retail space in Gurugram

Real-estate developer M3M India has launched another high-end retail project – ‘M3M Route65’ in Gurugram, next to the Worldmark in sector 65. Spread across 4 acres, with total saleable space of 4.87 lakh square feet, the company is expecting a topline of Rs. 1000 crore from this project.

Pankaj Bansal, Director, M3M India, said, “We are quite aggressive in our retail portfolio and have so far delivered over 5 million square feet of retail space in Gurugram itself. Our new retail project ‘M3M Route65’ in sector-65 is also a state-of-the-art retail project, spread across 4 acres with 4.87 lakh square feet of saleable space. We are expecting a top-line of Rs.1000 crore from this project. ‘M3M Route65’ is spread across four floors with 727 units, ranging from 170 to 4800 square feet in area, with ample parking space in the basement. Besides general retail, we have also allotted more than 1 lakh square feet of space on the third floor for food courts and an entertainment zone.”

In India, M3M has over 40 projects which comprise luxury residential, retail, Shop cum offices, service apartments, and plotted developments. The company has a portfolio of about 28 million square feet of overall space.