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M3M India Targets 10 Million Sq Ft Branded Residences Portfolio by End of 2026
Sentiment: NeutralHigh Priority
What Happened?
M3M India plans to expand its branded residences portfolio from 6.9 million sq ft to 10 million sq ft by the end of 2026, aiming for an additional revenue of ₹13,400 crore. The company is also collaborating with global luxury brands.
Key points
- M3M India's current branded residences portfolio is 6.9 million sq ft.
- The company aims to achieve a topline of ₹13,400 crore.
- M3M Black Circle is an invitation-only platform for homeowners.
- The platform debuted in Paris with luxury experiences for homeowners.
- M3M India has a portfolio that includes three Trump developments and two ELIE SAAB developments.
Key insights
- M3M's collaboration with luxury brands may redefine luxury living in India.
- The Black Circle platform could create exclusive networking opportunities for homeowners.
- The expansion aligns with the growing demand for luxury real estate in India.
Why it matters
The expansion could enhance M3M India's market presence and attract affluent buyers.
Tags
Entities
M3M India· CompanyDelhi-NCR· LocationJacob & Co.· BrandELIE SAAB· BrandTrump· Brand
Source
Business Standard
