Mumbai: M3M India has received the Occupancy Certificate (OC) for its premium mixed-use development, M3M Paragon57, located in Sector 57, Gurugram. The development is now ready for occupancy and operational rollout.
Spread across approximately 3.16 acres, the project comprises 554 units with a total saleable area of around 5 lakh sq. ft. The development integrates high-street retail with serviced apartments, reflecting a shift toward mixed-use urban formats.
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The project involves an estimated investment of ₹560 crore and is expected to achieve a topline of approximately ₹1,000 crore.
M3M Paragon57 features a combination of anchor stores, retail outlets, food and beverage (F&B) spaces, convenience stores, and entertainment zones. Key anchor brands include Westside, LuLu Hypermarket, and Jetts Fitness India. The project also houses multiple retail and lifestyle brands such as Levi’s, CaratLane, Looks Salon, Puma, GIVA, Honey & Dough, BlueStone, Aretto, Bewakoof, Blue Tokai, Mini Klub, Nobero, Wrogn, Lime Light, Just In Time, and Pepe Jeans.
Robin Mangla, President, M3M India, said, “The receipt of the Occupancy Certificate for M3M Paragon57 is a significant milestone. It reflects our commitment to timely delivery and quality execution. We have already pre-leased approx. 60% of the retail space, underscoring robust demand from leading brands and operators. The development is expected to emerge as a key commercial and lifestyle destination in the Sector 57 micro-market. The strong pre-leasing traction highlights the growing demand for curated retail environments and integrated developments in Gurugram.”
The project is located in Sushant Lok Phase 3 and benefits from a dense residential catchment with established infrastructure. It is positioned just off Golf Course Extension Road, with connectivity to Sohna Road and proximity to the Sector 55–56 Rapid Metro.
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Industry observers indicate that high-street retail developments in established micro-markets are gaining traction, supported by strong consumer demand and rising pre-leasing activity. Mixed-use formats are increasingly being preferred over traditional mall developments in Gurugram’s evolving commercial real estate landscape.
