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

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..