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The Bansal Family, through M3M India and Smartworld Developers, has announced plans to invest around INR 10,000 crore during FY27 towards construction activities and strategic land acquisitions as its real estate portfolio surpasses a Gross Development Value (GDV) of INR 1,28,731 crore. With a fully paid land bank exceeding 3,000 acres across the National Capital Region (NCR), of which only about 26% has been utilised, the Group retains significant development potential. The family stated that it remains net debt-free, entirely promoter-owned and investment-grade rated. Its portfolio spans luxury housing, branded residences, retail, office and industrial developments, while ongoing expansion in Gurugram and Noida reflects its continued focus on the NCR market.
The Bansal Family has announced an investment roadmap of approximately INR 10,000 crore for FY27 to fund construction activities and strategic land acquisitions across the National Capital Region (NCR), following the expansion of its real estate portfolio to a Gross Development Value (GDV) exceeding INR 1,28,731 crore. Operating through M3M India and Smartworld Developers, the family said its fully paid land bank now exceeds 3,000 acres, with only around 26% of the land developed so far, providing substantial scope for future projects.
The Group stated that it remains net debt-free, is wholly promoter-owned and maintains an investment-grade credit rating, enabling it to pursue long-term expansion while following disciplined capital allocation. Over the past 15 years, the business has built a diversified real estate platform covering luxury residential developments, branded residences, premium and bridge-to-luxury housing, destination retail, office developments and emerging commercial formats, with operations concentrated in the NCR.
According to the company, it has delivered more than 30.6 million sq. ft. across 34 developments, including over 14,000 residential units. A further 57.2 million sq. ft. is currently under development through 40 ongoing projects, while another 1,000 homes are expected to be delivered over the next three months. The Group also stated that it has recorded the highest residential delivery volume in the NCR for each of the past three years.
The company said its decision to remain focused on a single market rather than expanding across multiple regions contributed to its position among India's five largest real estate developers by FY26 pre-sales. It reported pre-sales of nearly USD 1.8 billion from the NCR market during the financial year.
Beyond residential projects, the Bansal Family stated that it has developed more than 11.2 million sq. ft. of retail space, making it one of North India's largest retail developers. As part of its expansion strategy, the Group has strengthened its presence in Noida through M3M The Cullinan Emporium, a self-owned premium retail development spanning nearly one million sq. ft., intended to function as both a retail destination and rental asset.
The company's development pipeline comprises branded residences, bridge-to-luxury housing, premium residential projects, luxury housing, retail, office and industrial developments. Based on total saleable area, branded residences account for 8% of the portfolio, bridge-to-luxury housing 29%, premium residential 26%, luxury residential 19%, retail 13%, office 4% and industrial developments 2%.
The Bansal Family also stated that it has built India's largest branded residences portfolio, covering nearly 6.9 million sq. ft. through partnerships with international luxury brands including The Trump Organization, ELIE SAAB and Jacob & Co. These projects are estimated to have a revenue potential exceeding INR 20,000 crore. The company added that discussions are underway with five to six additional global luxury brands for future collaborations.
Among its current developments is The Billionaire's Block at Smart City Delhi Airport in Sector 111, Gurugram, which the company described as an integrated ultra-luxury district designed for billionaires. Anchored by M3M Residences by ELIE SAAB, the project forms part of a broader INR 3,500 crore investment in ELIE SAAB-branded residential developments. The company stated that, with nearly three-quarters of its land bank still available for future development, it intends to continue expanding its portfolio across residential, retail, hospitality and commercial real estate within the NCR.
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