M3M To Invest Rs 21 Billion In Jacob & Co Luxury Homes In Noida
Real Estate

M3M To Invest Rs 21 Billion In Jacob & Co Luxury Homes In Noida

Realty developer M3M India has announced an investment of Rs 21 billion to develop Jacob & Co-branded ultra-luxury residences in Noida, marking the globally renowned luxury brand’s first housing project in India.

In a statement on Thursday, the company unveiled ‘Jacob & Co. Residences, Noida’, a six-acre ultra-premium residential project that will redefine high-end living standards in India. The project was launched in the presence of Jacob Arabo, Founder and Chairman of Jacob & Co, a brand celebrated worldwide for its exquisite jewellery and high-end timepieces.

The Gurugram-based M3M Group, which is already developing two Trump-branded housing projects, said it expects to generate Rs 35 billion in total revenue from the Noida venture, which will be completed over the next three years.

The company plans to sell luxury residences priced between Rs 140 million and Rs 250 million. The first phase will comprise 150 residences, followed by 100 ultra-luxury serviced apartments in the second phase.

Pankaj Bansal, Promoter of M3M India, said, “This collaboration with Jacob & Co. reflects our strategic focus on elevating the standard of luxury living in India. We aim to bring global sophistication and exclusivity to the Indian real estate landscape.”

Jacob Arabo added, “At Jacob & Co., we have always pushed the boundaries of design, innovation, and experience. India represents an exciting frontier for luxury, and this partnership is about setting a new benchmark for ultra-luxury living in one of the world’s most dynamic markets.”

The M3M Group has already delivered 40 projects spanning over 20 million square feet, while another 17 projects, covering 40 million square feet, are currently under construction.

Realty developer M3M India has announced an investment of Rs 21 billion to develop Jacob & Co-branded ultra-luxury residences in Noida, marking the globally renowned luxury brand’s first housing project in India. In a statement on Thursday, the company unveiled ‘Jacob & Co. Residences, Noida’, a six-acre ultra-premium residential project that will redefine high-end living standards in India. The project was launched in the presence of Jacob Arabo, Founder and Chairman of Jacob & Co, a brand celebrated worldwide for its exquisite jewellery and high-end timepieces. The Gurugram-based M3M Group, which is already developing two Trump-branded housing projects, said it expects to generate Rs 35 billion in total revenue from the Noida venture, which will be completed over the next three years. The company plans to sell luxury residences priced between Rs 140 million and Rs 250 million. The first phase will comprise 150 residences, followed by 100 ultra-luxury serviced apartments in the second phase. Pankaj Bansal, Promoter of M3M India, said, “This collaboration with Jacob & Co. reflects our strategic focus on elevating the standard of luxury living in India. We aim to bring global sophistication and exclusivity to the Indian real estate landscape.” Jacob Arabo added, “At Jacob & Co., we have always pushed the boundaries of design, innovation, and experience. India represents an exciting frontier for luxury, and this partnership is about setting a new benchmark for ultra-luxury living in one of the world’s most dynamic markets.” The M3M Group has already delivered 40 projects spanning over 20 million square feet, while another 17 projects, covering 40 million square feet, are currently under construction.

Next Story
Infrastructure Transport

Bengaluru Unveils Rs 1,200 Bn Infra Upgrade Plan

Bengaluru is set to receive a massive infrastructure boost worth Rs 1,200 billion under new projects planned by the Karnataka government to enhance urban mobility and connectivity. The initiative includes the expansion of the city’s metro network, construction of tunnel roads, elevated corridors, and 500 km of white-topping works to improve road durability. The Bruhat Bengaluru Mahanagara Palike (BBMP) and Bengaluru Metro Rail Corporation Limited (BMRCL) will jointly execute the projects. Key projects include tunnel roads between Hebbal and Mekhri Circle, 25 new signal-free corridors, and ..

Next Story
Infrastructure Transport

Cochin Shipyard delivers first indigenous ASW vessel ‘Mahe’ to Navy

Cochin Shipyard Limited (CSL) has delivered INS Mahe, the first indigenous Anti-Submarine Warfare Shallow Water Craft (ASW SWC), to the Indian Navy. The vessel is part of an eight-ship series being constructed under the Navy’s “Atmanirbhar Bharat” initiative to strengthen coastal defence capabilities. Designed and built entirely in India, Mahe features advanced sensors and weapon systems for detecting and neutralising underwater threats in coastal waters. The vessel underwent extensive sea trials before delivery, demonstrating high performance and manoeuvrability. This milestone reinfo..

Next Story
Infrastructure Urban

Vedanta Group to invest Rs 1,000 billion more in Odisha projects

Vedanta Group has announced an additional investment of Rs 1,000 billion in Odisha to expand its operations across metals, energy, and downstream industries. Anil Agarwal, Chairman, made the announcement during the third edition of the Make in Odisha conclave, highlighting the state’s pivotal role in India’s industrial growth.The investment will focus on strengthening Vedanta’s aluminium and copper businesses, establishing new value-added facilities, and boosting employment in the region. The company already operates large-scale plants in Jharsuguda and Lanjigarh, contributing significan..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?