M3Ms; ‘Magnificence in the Trinity of Men, Materials & Money’ is a fitting description for one of the most luxurious construction companies in India. Luxury housing has slowly evolved from the traditional concept of a home into a complex sector where people want comfort, luxury, and service all-in-one. 

Today, some of the most expensive apartments in Gurgaon are all about using the best aesthetic appeal, technological advances, and unparalleled utility. Standing tall among all the construction company names in India is M3M India. The real estate company has accomplished some of the most iconic projects across India and has set the benchmark in luxury living. So let us jump into the M3M company history to understand their unrivaled excellence. 

 

The Unlikely Origins of M3M India: From INR 1 Lakh to 589 Crore

Let’s take a jump back to 2007 when the Bansal family started the company M3M India Ltd. In 2007-2008, Dignity Buildcon Pvt. Ltd., a real estate agency owned by the Bansal family, bought some land in Sector 66 in Gurgaon for INR 22.21 crore. 

 

The Bansals only had an investment of INR 1 lakh as equity in Dignity Buildcon. To finance the purchase of the land, they obtained unsecured loans of INR 22.8 crore from RHC Holdings, a company owned by the Singh Brothers. 

 

In 2008, the Singhs sold their controlling stake in the family-run Ranbaxy Laboratories Ltd. to Daiichi Sankyo, a Japanese firm. It was only a year later that RHC Holdings and its subsidiaries gave Sharan Hospitality a loan to purchase over 100% of Dignity Buildcon, which amounted to INR 588.92 crore. 

 

Funnily enough, Dignity Buildon only had one major asset in its name, the land acquired in Sector 66 in Gurgaon, which it purchased the previous year using Singh's money. With 589 crore to their name, the Bansal brothers started the M3M India Ltd. real estate agency. 

 

The Visionary Journey of M3M India Ltd. 

Set up in 2010, M3M India was driven by the Founder Chairman, Basant Bansal, Pankaj Bansal, and Roop Bansal, the Promoters of M3M India Group. Together, they have designed a highly progressive vision for the group, making it one of the most accomplished construction company names in India. 

 

While M3M company history might be a bit rocky, with time, the agency has emerged as a game changer in the retail, luxury, and residential sectors in India.  

 

M3M has completed over 50 projects that were launched prior to 2019. As of now, the agency has more than 30 million square feet of saleable space. 

 

The company has some of the most expensive apartments in Gurgaon and has received recognition from multiple investors in India and abroad. Some of its iconic projects include the M3M, the Cullinan, and M3M the Address. 

 

M3M company history and record-breaking deals 

M3M has been one of the best real estate companies in Gurgaon and has been a part of some record-breaking deals over the years. Some of them include: 

 

  1. In 2011, they struck a deal with DLF Group worth INR 440 crore 
  2. In 2012 L&T entered into a deal with M3M for IN 800 crore
  3. In 2014, Shapoorji Pallonji signed a deal worth INR 350 crore with M3M 
  4. In 2016 Sahara Group signed an INR 1211 crore deal
  5. Tata Realty and Infrastructure Ltd. & Standard Chartered Private Equity entered into an INR 350 crore deal in 2016 
  6. The international brand SWECO MoU signed a US$ 2 billion deal with the real estate agency

 

What are some types of projects that M3M India is invested in?

M3M India deals with a large number of real estate projects that include premium and luxury residential complexes, hospitality, commercial, IT SEZ, and education. All these projects have premium facilities and amenities with top-notch constructed homes and spacious amenities. 

 

Their luxury societies in Gurgaon provide the best amenities such as jogging tracks, clubhouses, and even white glove services for residents. It also provides safe ecosystems in lush greenery that help maintain a healthy and cozy ambiance. 

 

M3M’s projects are priced from INR 70 lakhs to INR 22 crore, and some of their milestone projects include: 

  1. M3M golf estate with 50+ acres of uber luxurious, golf resort destination that has won multiple awards. 
  2. M3M Urbana is a business center that is a combination of retail and office spaces.           
  3. M3M Skywalk High-end apartments that have easy access to stores and are geared to professionals. 
  4. Trump Tower in North India, which was the tallest one in the world. 
  5. M3M 65th Avenue is a luxurious shopping destination for an upscale shopping experience. 

 

How is M3M different from other real estate companies in India? 

M3M India has two key ethos that help separate it from other real estate companies in India - Perfection and Speed. 

 

The team always tries to achieve a certain level of perfection when it comes to creating diverse habitats. This is because the management believes that their projects are the building blocks of people’s lives. They help build people’s dreams, be it a home, an office space, or an institution. 

 

Another factor that separates M3M from its competitors is Speed. The team believes in the concept of ‘Survival of the Fastest’. In the super-fast real estate industry, moving ahead of the competition is what matters the most. 

 

What do M3M’s future projects look like? 

The leaders in M3M have been delegates to other countries such as Japan, China, Finland, and Norway to learn and impart knowledge about the real estate investment market in India. In the future, they plan to continue developing the best projects, keeping in mind speed and innovation. 

 

Conclusion 

Starting from a simple land deal in Sector 66, Gurgaon, to evolving into one of India’s luxurious real estate agencies, M3M India’s story is nothing short of remarkable. By blending both ambition and a commitment to excellence, the agency is not only redefining urban living but is setting out to be a trailblazer in the real estate industry. 

 

But what really sets M3M apart is not just its portfolio but its vision to transform the skyline with the belief that true magnificence lies in the harmony of Men, Materials, and Money. 

 

FAQs

  1. What does M3M stand for in M3M India?

    M3M stands for "Magnificence in the Trinity of Men, Materials & Money," reflecting the company's philosophy of excellence in all aspects of real estate development.

     

  2. When was M3M India founded?

    M3M India was officially founded in 2010, although its journey began in 2007 with the Bansal family’s initial land acquisition in Gurgaon.

     

  3. Who are the founders of M3M India?

    The company was founded by Basant Bansal along with Pankaj Bansal and Roop Bansal, who have been instrumental in shaping M3M’s vision and success.