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Saraswati Properties

M3M Noida land deal

When DLF Bids, But M3M Wins.

M3M Wins ₹1,850 Crore Land Deal in Noida Sector 108: Why It Matters for NCR Real Estate

M3M has made one of the biggest land bets in Noida this year. The real estate developer has emerged as the winning bidder for a 12.5-acre mixed-use land parcel in Sector 108, Noida, with a bid of around ₹1,850 crore. The reserve price for the land was ₹835 crore, meaning M3M's winning bid was around 121% higher than the reserve price. At roughly ₹147 crore per acre, the deal gives us an...