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M3M India signs MoU with Swedish Firm to Develop Climate Neutral Smart City in Gurgaon

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M3M India signs MoU with Swedish Firm to Develop Climate Neutral Smart City in Gurgaon 2

In a boost to India smart city revolution NCR base realty major M3M India recently signed a Memorandum of Understanding (MoU) with a Swedish firm to develop India’s first climate-neutral smart city in Gurugram, Haryana, on 165-acre land parcel with an expected potential to attract foreign investment worth $2 billion. M3M signed an agreement with Sweden-based Urban Systems Sweco AB to develop a smart city project in Gurugram.

The proposed smart city will take about seven to ten years to be completed and will scout for foreign investments for different services. The project which the developers are calling ‘Sustainable Smart City’ will be located along the Dwarka Expressway and its focus will be on water conservation through reuse and recycling. The city will be a mix use development featuring both residential and commercial establishments.

The agreement was signed during the India-Sweden Business Leaders Round-table and in the presence of Carl XVI Gustaf, the King of Sweden. Ibrahim Baylan, Minister of Enterprise, Sweden, Ann-Sofi Gaverstedt, Deputy Director Trade Promotion Policy and Sustainability, Teknikfretagen (The Association of Swedish Engineering Industries), Will Sibia, Chairman, Urban Systems Sweco AB and Basant Bansal, chairman of M3M were also present. Sweco AB is a renowned European engineering consultancy company, engaged in the fields of construction, architecture, and environmental engineering. Will Sibia, head, International Business & Strategy, Sweco AB states that they will act as system integrator both in terms of finance and technology. Bringing in the best in class knowledge and best in class technology and the best practices globally to create an Eco-governance structure to create India’s first climate neutral city.

According to Ibrahim Baylan, Minister of Enterprise, Sweden the wonderful project does not harm the climate or environment and they have changed our way of doing things in Sweden. M3M strategies to raise about $2 billion of capital to be invested in the project. The company plans to construct the first phase, spread across 25 acres, on its own. They also plan to list the project on the stock exchange in Sweden. Pankaj Bansal, director, M3M said that they were pleased to collaborate with the Swedish company for the development of a sustainable smart city project, which is near the Delhi Airport. The development will be in line with UN Sustainable Development Goals and Paris Agreement. The project will have features like water conservation, re-usability and 100 percent waste recycling.

Based in Gurugram, M3M is also working on other high-profile projects in the city, such as the Trump Towers with 275 luxury residences, in sector 65, Gurugram and has a joint venture with Tribeca Developers, the official representative of The Trump Organization in India. The project is set out to be the most luxurious premium residency standing over at a magnanimous height of two hundred meters that is determined to rule the skylines of the entire National Capital Region. This residential project will have 3 and 4 BHK luxury apartments in Gurgaon that are ingeniously designed to offer its residents with the most luxurious life style and a peaceful home. This one of a kind Project has sold out over twenty apartments worth 150 crores in just a single day. M3M Trump Tower Gurgaon will also provide its residents with all Trump Tower facilities such the white gloved services, a resident care taker that is just a call away from helping with all your needs, valet service and much more. The rich and modern facilities of these apartments include an all internal furnishing and fittings, an exclusive club for the residents, an infinity edged swimming pool that is temperature controlled.

  • The ultra-luxury apartments will have one family lounge and a private lounge in the master bedroom.
  • A 22 feet Double height ceiling in living area in 4 BHK Duplex Apartments will be provided. Every room will incorporate floor to ceiling windows. The building is all glass facade which is in a signature Trump style.
  • Exclusive Trump Card for residents gives access to privileged, concierge and valet services worldwide in all Trump Towers.
  • Private 32,000 sq. ft. approx. premium luxury clubhouse for the residents and an infinity edged temperature-controlled indoor pool, spa and fitness center, fine-dining restaurant, business center, and in-residence catering.

Designed by Arcop International, Montreal Canada ‘M3M Golf Estate’ is the largest luxury condominium residential property in Gurgaon. Strategically located on Golf Course Extension Road, Sector 65, Gurgaon, the luxury apartments offer a breath-taking view of a 9-hole executive golf course along with 7-star resort high end amenities. Offering 3 BHK, 4 BHK as well as imperial duplex along with triplex penthouses this luxury residential property in Gurgaon also has an Eco-friendly landscape design and a world class club house.

  • A 9-hole executive golf course, the project also features swimming pool and jogging tracks on roof top, adventure play zone, tennis and basketball court, restaurant, video game room, mini theatre, etc.
  • Amenities like rock climbing, basketball, skating rinks, floating sauna and picturesque pool.
  • 1,20,000 square feet majestic club comes with multipurpose lounge, billiards room etc.
  • Other facilities include kids creche, convenient shopping, doctor on call, concierge on call, young kids club and much more.
  • Round the clock security and water/power back up.
  • Located in sector 65, Gurgaon, which is connected to reputed School, hospitals, commercial sector.
  • Reputed schools like Heritage, Scottish High, Pathways, G.D. Goenka, Shriram are in close proximity.
  • Located near renowned hospitals like Max, Artemis, Medicity and Fortis.

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