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Oaktree invests Rs 570 crore in realty developer M3M

Oaktree invests Rs 570 crore in realty developer M3M

Oaktree Capital Management, a US alternative investment firm, has bought Rs 570 crore of debentures from M3M, a real estate company that’s developing projects in the National Capital Region, including the Trump Tower in Gurgaon. This is Oaktree’s first investment in real estate in the NCR. “The investment will be in the form of non-convertible […]

5,500 housing units get delivered in top 7 cities as lockdown eases

5,500 housing units get delivered in top 7 cities as lockdown eases

Delivery of projects during the prevailing challenges sends out a positive signal and helps regain homebuyers’ trust given that the government had extended the delivery timelines by at least six months for developers. Even as the woes of real estate intensified during the lockdown imposed across the country in view of the Covid-19 pandemic, and […]

Sales of ready  homes  key  for  builder (M3M Group ) to  tide over  cash  crunch

Sales of ready  homes  key  for  builder (M3M Group ) to  tide over  cash  crunch

Prices of residential apartments have remained stagnant for long, even declining in many cities. Prices of ready homes, typically higher than under-construction homes, have not risen either, though they come with fewer risks. Gurugram-based M3M Group, which builds premium projects and is currently developing a Trump Tower in National Capital Region (NCR), clocked ₹524 crore of […]

M3M: Building an Enduring Brand With Brand Capital

M3M: Building an Enduring Brand With Brand Capital

The Board Meeting opened exactly as expected. After the welcome note, the usual cautious-sounding commentary from members and experts followed. It covered topics related to the uncertain regulatory environment, sluggishness in the economy and difficulties in working with financial institutions. But, the heavy fog of concern soon lifted as Pankaj, in his inimitable positive style, […]

Golf Course Rd Extn Opens up New Avenue for Realtors

Golf Course Rd Extn Opens up New Avenue for Realtors

With extension of Rapid Metro till Sector 56 and work on Southern Peripheral Road (SPR) nearing completion, infrastructure activity in micro-market along SPR has seen an uptick in the absorption of existing office space and is also witnessing the launch of new commercial and mixed-use projects. Developers who have invested in the area and are […]


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