M3M India is planning a new luxury housing project in Gurgaon on 13 acres of land. The company, which currently has 2,000 acres of land bank primarily in Gurgaon, would develop over 900 units in this 13-acre project. Approximate cost of the project is around Rs.1000 crore. The investment will be made in the next three-and-a- half years.
Extracted from ET, Apr 09,’15