M3M India said in a statement that it has launched a retail project — ‘M3M Capitalwalk’ in sector 113, Gurugram, on the 150-metre-wide Dwarka Expressway.

M3M India has launched its much-awaited retail project — ‘M3M Capitalwalk’ — in sector 113, Gurugram, right on the 150-metre-wide Dwarka Expressway. The company plans to invest Rs 700 crore to develop this project and is looking for a topline of Rs 2000 crore from M3M Capitalwalk.

According to the company, M3M Capitalwalk is the only project in the entire NCR with a frontage of more than a kilometre. The five floor M3M Capitalwalk will have 1047 units of different sizes, ranging from 100 to 3000 square feet, and fourteen entry points for easy access.

Commenting on the launch, Pankaj Bansal, Director, M3M India, said, “Seeing the market trend and increasing footfalls in the traditional retail segment, we are progressively investing to accomplish our portfolio of 6 million square feet of retail space on an immediate basis. Our recent launch of ‘M3M Capitalwalk’ is a class-apart project in the retail segment, having 1 million square feet of saleable space, with frontage of more than 1 kilometre and the first of its kind on Dwarka Expressway. This project scores immensely on visibility, vicinity and proximity. For the convenience of retail investors, the project has been designed in such a way that all shops have high visibility and proximity through 14 entry points. To address the parking issue, over five hundred car parking spaces at two levels are being planned to give visitors the comfort and convenience of parking.”

Recently, M3M has launched another high-end 5 lakh square feet retail project — ‘M3M Route65’ — in Gurugram and the company is looking for a topline of Rs 1000 crore from this project. M3M Route65 is spread across four floors with 727 units, ranging from 170 to 4800 square feet in area and also has ample parking space in the basement.

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Articles- Financial Express , Money Control , Punjab Kesari ,
Navbharat Times, M3M