M3M Elie Saab is India's first residential collaboration with the legendary Lebanese couturier Elie Saab — a 16-acre, 336-residence enclave in Sector 111 that brings haute couture design language to Gurgaon's most premium corridor.
Every element of the project carries the Elie Saab Maison signature: interiors curated by the fashion house, Italian marble throughout, private lift lobbies, and a strict four-apartments-per-floor plan that keeps density among the lowest of any high-rise on the Dwarka Expressway.
The exclusively 4 BHK residences span 3,700–4,000 sq ft and are priced at approximately ₹35,000 per sq ft — establishing the project as the corridor's pricing benchmark and one of the most expensive new launches in NCR history.
For NRI investors, branded residences are a globally proven category — they command durable premiums of 25–35% over non-branded peers in markets like Dubai, Miami, and London. M3M Elie Saab is the first opportunity to own that category in India, in a sector minutes from both IGI Airport and the Delhi border.
Sizes indicative — subject to RERA approved final layouts. Contact PropTrustee for current pricing and floor availability.
Sector 111 sits at the Delhi end of the Dwarka Expressway, directly adjoining the Dwarka sub-city and the diplomatic enclave's planned expansion zone. It is the corridor's most architecturally ambitious sector — home to its iconic branded and design-led towers.
The location's defining asset is proximity: IGI Airport in roughly 20 minutes, the Yashobhoomi convention centre minutes away, and Delhi addresses immediately across the border. The expressway's full opening has made Sector 111 the natural first stop for premium demand spilling out of South-West Delhi.
For NRI residents the geography is unusually convenient — landing at IGI to home in about 20 minutes, with both Delhi and Gurgaon's business districts within a 30-minute envelope.
As a 2025 new launch with only 336 units, allocation is managed by the developer in tranches. Early tranches typically carry the most favourable pricing. PropTrustee provides clients direct access to launch allocation along with independent price benchmarking against corridor comparables.
NRIs can purchase M3M Elie Saab under FEMA without prior RBI approval. Funds can be remitted via NRE/NRO accounts. The purchase can be completed remotely via a limited Power of Attorney. PropTrustee's CA team handles 15CA/15CB, TDS on purchase, and all repatriation filings from Day 1. Home loans available at competitive rates from HDFC, ICICI, and Axis Bank India.
Branded residences — homes designed and endorsed by a global luxury house — are an established asset class in Dubai, Miami, London, and Bangkok, where they consistently command 25–35% price premiums and hold value better in downturns. India has had essentially zero supply in this category. M3M Elie Saab changes that.
The Maison's involvement is not cosmetic: interiors, material palettes, and design language are specified by Elie Saab's design studio. With 336 residences at four per floor across a 16-acre enclave, the project is engineered for scarcity — the core economic driver of branded-residence performance globally.
At ~₹35,000 per sq ft, the project is priced as the corridor's benchmark. The investment thesis is not corridor-average appreciation — it is category creation: the first asset of its kind in the country's strongest luxury market.
Sector 111 anchors the Delhi end of the Dwarka Expressway — the closest Gurgaon sector to IGI Airport and the Dwarka sub-city. It has attracted the corridor's most design-forward projects and benefits first from every piece of Delhi-side infrastructure: Yashobhoomi, UER-II, and the announced metro extension.
Corridor pricing has roughly doubled between 2019 and 2024, and the premium end of Sector 111 has outperformed, supported by genuinely limited land supply at the Delhi border.
Four apartments per floor, private lift lobbies, one configuration (4 BHK), and 336 total units: the supply architecture mirrors the global branded-residence playbook. For long-horizon investors, the September 2032 possession is a feature as much as a constraint — a decade of brand equity accruing to a fixed supply.
NRIs can purchase Indian residential property freely under FEMA — no RBI approval, no foreign-buyer surcharge. The entire purchase can be executed remotely via a Limited Power of Attorney.
Branded residences globally deliver returns through premium pricing power rather than yield — gross rental yields of 2–3% are typical, while resale premiums and downturn resilience drive total return. M3M Elie Saab's launch pricing already reflects part of the premium; the long-term case rests on India's luxury demand depth and the absence of competing supply.
For USD/GBP/AED earners, the historical 2–3% annual currency effect adds to rupee-denominated returns.
PropTrustee has advised NRI buyers in Gurgaon since 2013. For M3M Elie Saab we provide launch-allocation access, independent price benchmarking, FEMA and tax compliance via our in-house CA team, construction-period monitoring across the long delivery timeline, and post-possession management or exit advisory.
Our Concierge plan (₹90,000/year + 6% rental commission) is the appropriate tier for branded-residence owners — legal retainer, CA on call, and 24/7 WhatsApp access.
M3M Elie Saab is priced from ₹12.95 Cr+ at ₹35,000, placing it in the ultra luxury band of the Dwarka Expressway market. As with every project on the corridor, the headline rate is only the starting point of the real price: floor-rise charges, preferential location charges (PLC) for view-facing and corner stacks, EDC/IDC statutory charges, and one or two covered car parks typically add 5–12% to the base. Stamp duty in Haryana adds roughly 5% for women buyers and 6% for men, plus registration charges. PropTrustee maintains the verified, all-inclusive rate card for Elie Saab and shares a like-for-like cost comparison against the catchment before clients commit — the only honest way to compare projects whose advertised rates hide different charge structures.
The payment plan follows the structure shown above on this page: a booking amount of approximately 10%, construction-linked or time-linked milestones through the build, and a final tranche at possession. Construction-linked plans protect buyers by tying outflows to verified progress reported on the RERA portal. For NRI buyers remitting from abroad, each milestone is paid from an NRE or NRO account, with our CA team handling TDS deduction and the 15CA/15CB filings each transfer requires.
M3M Elie Saab offers 4 BHK residences spanning 3,700–4,000 sq ft. When comparing floor plans on the corridor, three numbers matter more than the brochure render: the carpet-to-super-area ratio (efficiencies of 62–70% are typical; higher is better), the number of units per floor (fewer means more light, privacy, and lift availability), and the balcony provision, which determines how the home actually lives in Gurgaon's climate. Request the RERA-approved carpet areas — not just super built-up figures — before shortlisting a stack; PropTrustee provides these for every Elie Saab format it recommends.
Within the project, not all inventory is equal. Haute couture interiors curated by Elie Saab Maison — the first branded-residence partnership of its kind in India. Stack selection — the specific vertical line of units you buy into — is where experienced buyers extract the most value: the right stack at the same rate as an average one is the cheapest upgrade available in any launch.
The possession timeline for M3M Elie Saab is Sep 2032, and its current status is new launch. The project's RERA reference is GGM/992/724/2025/95. Every buyer — NRI or resident — should verify this registration directly on the RERA portal before paying any booking amount: the portal lists the approved plans, declared completion date, quarterly construction updates, and any complaints on record. RERA's escrow rules require 70% of buyer payments to be held in a project-specific account and released against certified construction progress — the single biggest structural protection Indian real estate buyers have gained in the last decade. PropTrustee performs this verification independently for every project it lists, and re-checks status at the time of each client transaction.
The investment case rests on three layers. First, the corridor: Dwarka Expressway prices have roughly doubled between 2019 and 2024, and the two largest catalysts — the announced metro extension and the Gurugram Global City — remain ahead, not behind. Second, the micro-market: Sector 111 sits at the Delhi end of the corridor, the premium gateway belt closest to IGI Airport. Third, the asset itself: M3M Elie Saab positions in the ultra luxury band of the corridor — its pricing, format, and possession timeline are detailed in the sections above.
On income, comparable assets imply a gross rental yield of approximately 2–3% per annum for Elie Saab, beginning at possession (Sep 2032). For overseas earners, the rupee's historical depreciation of roughly 2–3% per year converts into an additional home-currency return on top of rupee appreciation and yield. No projection is guaranteed — corridor supply is heavy in some segments and timelines can slip — which is why PropTrustee benchmarks each recommendation against at least three alternatives at the same budget before advising a purchase.
Buyers shortlisting Elie Saab most often compare it against Elan The Presidential Phase 2, Max Estate 361, Max Estates 360 — the closest matches by location, ticket size, or format. Each comparison turns on a different variable: possession timing (earlier delivery compresses risk and starts income sooner), rate per square foot against specification, density and units-per-floor, and the developer's delivery record. Our advisors prepare a side-by-side comparison sheet across these variables for any shortlist; the full corridor inventory is on the NRI Opportunities page, including the ultra-luxury benchmark DLF Privana North for context on where the corridor's ceiling sits.
NRIs and OCIs can buy M3M Elie Saab under FEMA's general permission — no RBI approval, no foreign-buyer surcharge, and no cap on the number of residential properties. Funds move through NRE or NRO accounts; the purchase, agreement, and registration can all be executed by a holder of a Limited Power of Attorney in India, so no travel is required at any stage. Home loans of typically 75–80% LTV are available to NRIs from HDFC, ICICI, Axis, and SBI against overseas income documents. On the tax side: TDS applies on purchase consideration (1% for resident sellers above ₹50 Lakh; higher for NRI sellers), rental income is taxable in India with treaty credits available in most countries of residence, and long-term capital gains (2+ year hold) are taxed at 12.5%. Sale proceeds and rent are repatriable — up to USD 1 million per financial year from NRO accounts with CA certification. PropTrustee's in-house CA team executes all of this as standard; see our plans & pricing for the management tiers, and our property management page for what post-possession ownership looks like in practice.
PropTrustee has managed Gurgaon property for NRI owners since 2013. For M3M Elie Saab, that means: independent RERA and title verification before any money moves; a verified rate card with all charges included; stack-level inventory advice rather than whatever the sales office is pushing; FEMA, TDS, and 15CA/15CB handled in-house; construction-period monitoring with periodic photo and milestone reports; and full management after possession — tenant placement, rent collection, maintenance, and NRE/NRO remittance. Start with the enquiry form above, or speak to an advisor directly; current Elie Saab availability and pricing are shared within 24 hours.