M3M Residences by Elie Saab

M3M Residences by Elie Saab is a three-tower block of 296 apartments in Sector 111, Gurugram, Haryana, sold under the M3M name and promoted by Metro Education & Welfare Pvt Ltd. HRERA Gurugram registered it on 16 October 2025 as RC/REP/HARERA/GGM/992/724/2025/95, with completion due by 29 February 2032, and construction is under way.

It was registered as M3M Elie Saab at SCDA and took its current name through an HRERA addendum dated 22 December 2025. Press coverage of the January 2026 announcement used the name Signature Residences by ELIE SAAB, and buyers also look for it as M3M Elie Saab Residences or Elie Saab Gurgaon.

Don't confuse it with the Elie Saab-branded homes that group firm Smartworld Developers announced for Noida at the same event. That's a separate project with a different promoter.

The site is in Sector 111 on the Dwarka Expressway, within Smart City Delhi Airport (SCDA), which M3M calls a 250-acre township. M3M's project page puts it in the Billionaires' Block, a 170-acre enclave that M3M describes as a district of branded residences only.

Sector 111 has several registered neighbours. HRERA lists M3M Crown Phase 1, from the same promoter, with a completion date of 31 January 2028, as well as Puri Construction's Puri Diplomatic Residences and Puri Aerosphere.

For SCDA, M3M gives drive times rather than distances: about seven minutes to IGI Airport, five to the Yashobhoomi metro station and three to UER-II. No distance in kilometres is published, so none is listed here.

The registered plot is 2.7505 acres, carved out of a 15.99375-acre site covered by DTCP licence 213 of 2022. Building plans were revised and approved on 3 June 2026, and HRERA's addendum of 3 July 2026 records towers ES-01 with 99 homes, ES-02 with 98 and ES-03 with 99. The original plan had 336 units, 112 in each of three towers.

The revised filing lists six three-bedroom units with a utility room at 179.40 sq m of carpet area. The other 290 are four-bedroom layouts in nine variants, some with a terrace, ranging from 204.11 to 228.54 sq m. M3M's floor plans carry labels of 4,205, 4,520 and 4,655 sq ft, without saying which area measure those figures use, and the plan for the 4,205 sq ft unit shows four bedrooms plus a servant room.

According to M3M, the clubhouse covers more than 1.5 lakh sq ft, with a pool, fitness and yoga studios, a treatment area, an ice room, a games room, a sports bar and a children's zone. Each apartment opens off a private lift lobby, the developer says.

Yes. The HRERA Gurugram certificate, Registration No. 95 of 2025, runs from 16 October 2025 to 29 February 2032, the completion date the promoter declared. Two addenda have followed: the change of name in December 2025 and the revised building plans in July 2026, which kept the 2032 date.

Both approvals came with conditions. When the project was registered, approval of the fire scheme and of the service plans was still awaited, so the promoter lodged two drafts of ₹25 lakh each as security for filing them within four months. The July 2026 addendum set a new six-month deadline for the fire scheme and the revised service plans, again secured by two ₹25 lakh drafts.

Work has started on site. M3M's tentative schedule, updated on 1 September 2026, shows the raft finished for all three towers, ground-floor slabs due between October and December 2026 and roof slabs between July and September 2028. It aims to apply for the occupation certificate in November 2029 and to offer possession from February 2030.

The promoter on the HRERA record is Metro Education & Welfare Pvt Ltd, registered at M3M's International Financial Center address in Sector 66. It holds the land licence jointly with Blue Bell Buildtech Pvt Ltd and Oakwood Realty Pvt Ltd under a collaboration agreement registered on 28 September 2022. M3M's own disclaimer says the M3M name shouldn't be read as meaning M3M India Pvt Ltd is the promoter.

The same company's other project in the sector, M3M Crown Phase 1, had 1,284 of its 1,332 apartments sold by June 2026, according to the promoter's filing, with completion due on 31 January 2028.

Business Standard reported on 14 January 2026 that M3M India would build the Gurugram homes and Smartworld the Noida ones. ELIE SAAB Jr, the fashion house's vice chairman and chief executive, said the brand began in real estate in 2019 with a Dubai project and has completed more than 25 branded residential projects. The licence terms between brand and promoter aren't public.

M3M priced the homes at ₹37,000 per sq ft at the January 2026 announcement, with entry at about ₹15 crore, according to Business Standard. Pankaj Bansal, M3M's promoter, told reporters the project carried a revenue potential of ₹4,700 crore against an investment of roughly ₹2,000 crore, Business Today reported.

Those figures were for 300 four-bedroom homes; the revised HRERA plan has 296, including six three-bedroom units, and M3M's website carries no price list. The HRERA certificate requires sale on carpet area, with no separate EDC or IDC on top of the total price. The revised filing puts the project cost at ₹2,100.59 crore, of which land accounts for ₹541.66 crore, and records 18 apartments as booked.

Make sure the agreement for sale names Metro Education & Welfare Pvt Ltd as promoter, cites Registration No. 95 of 2025 with both addenda, and describes your unit by its ES tower and its carpet area under the revised plan. Ask whether the fire-scheme approval and revised service plans have reached HRERA.

DTCP licence 213 of 2022 is valid only up to 26 December 2027, years before the 2032 completion date, and the certificate makes the registration subject to the licence being renewed in time. Section 13 of the RERA Act caps any advance at 10% of the price until a written agreement for sale is signed. Finally, compare the possession date in your agreement with the February 2030 target and the February 2032 RERA date.