M3M India has purchased a 30-acre plot land in Gurgaon for Rs 350 crore. The IREO Group sold the plot to the Realty developer, who is currently under investigation by the Enforcement Directorate for money laundering. "Under the Deen Dayal Jan Awas Yojana, we will invest additional Rs 1,000 crore to construct 2,000 independent floors," says Pankaj Bansal, director of M3M India. This effort will be coming up this fiscal year. Internal accruals and Sales receivables would also be utilised to assist the development, according to the statement. The property is located on Golf Course Road in Sector 113 Gurgaon , one of India's most affluent neighbourhoods. M3M Capital, Sector-113 Gurgaon M3M Capital is a private equity firm based in New York. One of the most appealing aspects of living in M3M Capital's high-rise sector 113 Gurgaon is that the 1100 luxury apartments are open on three sides. Also provides ample ventilation. In Q4 of FY 2020-21, the group...
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