What luxury brands are developing new housing projects in Delhi-NCR?

The fashion and lifestyle brand ELIE SAAB is partnering with M3M India for new housing developments.

How much is being invested in the ELIE SAAB and M3M India housing projects?

The total investment for the two ultra-luxury housing projects in Delhi-NCR is Rs 3,500 crore.

Where will the ELIE SAAB branded residences be located in Delhi-NCR?

The projects are planned for Gurugram, specifically on Dwarka Expressway, and in Noida.

Home / Business and Economy / Luxury Meets India: ELIE SAAB Enters Delhi-NCR Real Estate

Luxury Meets India: ELIE SAAB Enters Delhi-NCR Real Estate

13 Jan

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Summary

ELIE SAAB partners with M3M India for two ultra-luxury housing projects.
Total investment for these Delhi-NCR projects amounts to Rs 3,500 crore.
Projects will feature 300 homes in Gurugram and 650 in Noida.

Luxury Meets India: ELIE SAAB Enters Delhi-NCR Real Estate

Global fashion and lifestyle brand ELIE SAAB has partnered with M3M India to develop two ultra-luxury housing projects in Delhi-NCR. This significant venture represents an investment of Rs 3,500 crore, aiming to bring exclusive branded residences to the Indian market.

The collaboration involves M3M India constructing 300 apartments on Dwarka Expressway in Gurugram, with an investment of Rs 2,000 crore for 1.3 million square feet of development. In Noida, a group firm will build around 650 units across 1.2 million square feet, backed by Rs 1,500 crore in investment.

ELIE SAAB Jr. expressed optimism about the Indian market, noting the brand's existing portfolio of over 25 global real estate projects since 2019. The brand also plans to open a ready-to-wear store in Delhi, further solidifying its presence in India.