M3M Launches Rs 600 Crore Commercial Project on Gurugram's Dwarka Expressway, Sector 113
M3M India says it will invest Rs 600 crore to build M3M Capital Financial Center, a 165-unit commercial project on 1.42 acres in Sector 113, Gurugram, targeted Completion for 2029.
Gaurav Sharma7 min read
At a glance
- M3M India announced on 30 July 2026 that it will invest Rs 600 crore to build a commercial project called M3M Capital Financial Center.
- The project sits on 1.42 acres in Sector 113, Dwarka Expressway, Gurugram, and comprises 165 units: 152 office spaces, 6 multiplex units and 7 retail units.
- The developer has stated a 2029 completion target; The RERA Completion Date is 30 June 2033.
- The project is already registered with Haryana RERA: RERA-GRG-2080-2025, filed on 27 May 2026, two months before this announcement.
- Wider context: The launch sits inside a separate, larger group commitment of ₹10,000 crore for construction and land acquisition in the current financial year.
M3M India, part of the Gurugram-based M3M Group, said on 30 July 2026 that it will invest Rs 600 crore to build a commercial project named M3M Capital Financial Center. The announcement, carried by Business Standard, describes a mixed commercial development combining office, retail and entertainment space on Gurugram's Dwarka Expressway.
What the RERA Filing Says
The project is already on the Haryana RERA portal. Registration number RERA-GRG-2080-2025 was filed on 27 May 2026, a full two months before the 30 July press release. The key details from the filing:
| RERA filing detail | Value |
|---|---|
| Registration number | RERA-GRG-2080-2025 |
| Registration date | 27 May 2026 |
| Developer entity | Union Buildmart Private Limited |
| RERA possession date | 30 June 2033 |
| Estimated project cost | ₹554.15 crore |
| Land cost | ₹31.77 crore |
| Construction cost | ₹345.69 crore |
| Infrastructure cost | ₹18.58 crore |
| Total licensed land | 15.06 acres |
| Project plot area | 1.42 acres |
| Buildings | 1 |
| Floors | 22 |
| Units | 165 |
| Proposed FAR | 5.075 |
| Escrow bank | ICICI Bank, Sector 54, Gurugram |
The registered entity is Union Buildmart Private Limited (CIN: U70100HR2012PTC089615), M3M India routes individual projects through separate SPVs, this is the standard practice. The brand name goes in the marketing, the SPV name goes on the RERA registration.
The structure, decoded
The reported unit mix skews heavily toward office space, with retail and entertainment components making up a small share of the total.
| Unit type | Count | Share of 165 units |
|---|---|---|
| Office spaces | 152 | 92.1% |
| Retail units | 7 | 4.2% |
| Multiplex units | 6 | 3.6% |
| Total | 165 | 100% |
Capital Allocation: Where This Project Sits
The ₹600 crore Sector 113 launch is not an isolated commitment. Earlier in July 2026, M3M Group said it plans to invest ₹10,000 crore in the current financial year on construction and land acquisition combined, as part of a wider expansion plan reported by PTI.
We are focusing on delivery of projects. At present, there is more than 30 million sq ft of area under construction across various projects. - M3M Group Promoter Pankaj Bansal
Bansal also said the group would keep acquiring land: "We will continue to acquire land. We will participate in the upcoming land auctions in Noida," adding that the company planned to invest ₹2,500 crore this fiscal on land banking specifically.
| Capital commitment (FY26-27, as stated by M3M Group) | Amount |
|---|---|
| Total planned spend on construction and land acquisition | ₹10,000 crore |
| Of which, earmarked for land banking | ₹2,500 crore |
| New Sector 113 commercial project (this announcement) | ₹600 crore |
- ₹600 crore is about 6% of the group's stated full-year construction and land budget, by our calculation.
- ₹2,500 crore is 25%, the share the company itself frames as earmarked for land banking rather than construction.
That split matters for how a reader should read this announcement: the group is simultaneously building out an existing pipeline of more than 30 million sq ft, buying fresh land in markets such as Noida, and now adding a new Gurugram commercial launch, all funded from the same stated FY26-27 pool. None of these figures are independently audited numbers; they are the company's own account, carried through a wire report.
The developer
M3M Group operates through two real estate entities, M3M India Pvt Ltd and Smartworld Developers Ltd, and builds residential, commercial and mixed-use projects across North India, according to the company's own description carried in the report.
Assessing a developer's track record, ongoing project status, and past delivery timelines against RERA filings is a separate exercise from reading a launch announcement, and readers considering this project as an investment or a tenancy should treat the two as distinct questions. Comparing a developer's registered projects and their reported construction status is the kind of check that belongs on a project-by-project basis rather than a group-level press statement.
The location
Sector 113 sits along Gurugram's Dwarka Expressway, a corridor connecting Dwarka in Delhi to Gurugram that has drawn a mix of residential and commercial development activity in recent years. The stretch has seen a build-out of both residential and commercial supply over recent years as sections of the road progressively opened for traffic.
Investor and Tenant Checklist
- Confirm the HRERA registration status of M3M Capital Financial Center, Sector 113, directly on the Haryana RERA Gurugram portal before making any booking commitment or paying token money.
- Ask for the sanctioned building plan and land-use conversion (CLU) certificate for the 1.42-acre parcel, since commercial land-use conversion from the Haryana town planning department is a prerequisite for a project of this kind.
- Request escrow account details once the project is registered, since RERA requires funds collected from allottees to be routed through a designated project escrow account.
- Review M3M Group's delivery record on its other under-construction projects, given the group's own claim of more than 30 million sq ft currently under construction, before assuming this project will track the stated 2029 date.
ReraTracker Watchlist
- 30 July 2026: M3M India announces the Rs 600 crore M3M Capital Financial Center launch in Sector 113, Gurugram.
- July 2026: M3M Group discloses a Rs 10,000 crore FY26-27 construction and land-acquisition plan, including Rs 2,500 crore earmarked for land banking and stated participation in upcoming Noida land auctions.
- The 2029 claim vs the 2033 RERA date. If M3M markets this project with a 2029 delivery promise, buyers should confirm which date appears on their agreement for sale. The RERA-committed date is 30 June 2033.
About ReraTracker
ReraTracker is an independent research platform that tracks RERA registrations, developer track records, pricing history and project documents across Delhi-NCR markets including Gurugram, Noida, Greater Noida and Ghaziabad. It draws on official regulatory filings and public records rather than developer marketing material.
The PTI report this article is based on does not include occupancy, rental, or footfall data for the corridor, and none is asserted here. A reader evaluating this project as a tenant or investor should weigh the difference between infrastructure that is operational today and infrastructure that is proposed or under construction, since the connectivity benefit of an expressway corridor depends on which stretches are actually open and functioning, not on the corridor's name alone.
This article is based on a Press Trust of India report carried on 30 July 2026 and the Haryana RERA registration (RERA-GRG-2080-2025) for M3M Capital Financial Centre. Investment and unit figures from the press statement are the company's own. RERA filing details are from the Haryana RERA portal via ReraTracker. Not investment advice. For any queries, get in touch on +91 8010 704 704.
