Construction Industry News
M3M Group has launched a premium project at Golf Course Road Extension, M3M Altitude. Projecting a revenue potential of Rs 4000 crore, the project’s allure is magnified by its proximity to the Trump Towers and a meticulously designed 9-hole golf course. This 4-acre project is part of the 60-acre exclusive community M3M Golf Estate. The project is being designed by architects from London, Uptown Hansen Architects (UHA). The development cost of the project is Rs 1200 crores. There will be 350 homes, with prices ranging from Rs 10 crores to Rs 30 crores. It will be delivered by 2031.
“In recent years, GCRE has emerged as Gurgaon’s ultimate destination for luxury residences, catalyzing a surge in demand and substantial annual price appreciation of up to 40%. With average prices reaching a plus of Rs 20,000 psf in 2023 and projections indicating further escalation to more than Rs 50,000 psf over the next 3 years, the growth trajectory is remarkable,” said Sudeep Bhatt, president, M3M India.
M3M Altitude landscape is being designed by Oracle Landscape. The apartments will have a composition of 4 BHK (plus a servant room) and penthouses ranging from 3780 sq ft to 8000 sq ft. The project features the tallest sky club in Gurgaon, measuring an area of approx 2 million sq ft, which will have all amenities for the residents and will be connected with the residential units through a unique glass-air bridge.
