M3M intends Rs 18 billion realty projects on Dwarka e-way

31 Oct 2022 CW Team

M3M, a real estate development company, plans to invest Rs 18 billion in the construction of multiple projects on the Dwarka Expressway, including luxury residential and retail, with a revenue potential of Rs 61 billion.

The company has begun utilising large land parcels on Dwarka Expressway as part of Smart City Delhi Airport by launching a number of residential and commercial projects in Gurugram. According to Pankaj Bansal, Director, the Dwarka Expressway will change the equations of realty demand in Gurugram. As a result, the company is launching several projects, including a 3.5 million square feet saleable luxury-residential venture and a million square feet saleable state-of-the-art a km long frontage retail project.

Their residential project M3M Capital and retail project M3M Capitalwalk are both part of the Smart City Delhi Airport, which spans 25 acre and is located in Gurugram's sector 113. The M3M Capital residential project includes thirteen golf-styled luxury towers with 1700 units ranging from 2.5 BHK to 4.5 BHK, and the company is also aggressive on retail projects on Gurugram's Golfcourse Extension Road.

Also read:
Real estate hotspot in the making!
DLF to introduce new projects worth ₹3,500 crore

Equipment

09 Jan 2026

BKT Partners All Teams in India’s Women’s T20 League

Balkrishna Industries (BKT), a global leader in the off-highway tyre market, announced its association as the Official Tyre Partner for all five teams competing in India’s premier women’s T20 championship – Mumbai Indians, Royal Challengers Bangalore, Delhi Capitals, Gujarat Giants, and UP Warriorz – for the upcoming season. This move reinforces BKT’s commitment to using sport as a platform for inclusion, opportunity, and long-term development.These partnerships reflect BKT’s belief in the transformative power of sport, particularly in advancing women’s participation and creating..

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..