Unveiling the Masterpiece

M3M Cosmopolitan is an amalgamation of retail, F&B and office spaces. A range of restaurants, restro-bars and lounge, the premium complex houses 350 units which are strategically connected via escalators, sky bridges and elevators. Conceptualized as a new age shopping hub, the sprawling complex has on-board internationally acclaimed brands that spell exclusivity and legacy. The three acres of landscape has retail space on the ground, first and second floors and F&B space on the first, second floors and terrace.

Beautiful LED lit palm trees, drive way, water fountains and innovative identification signage boards add touch of glamour and layers of elegance to the shopping experience. M3M Cosmopolitan - The perfect place to head out to for rejuvenation after a hectic day at work!

  • First High street retail hub on Golf Course Road Ext
  • Impeccable Mix of Retail, F&B and Office Space
  • Wide Boulevards, Schematic Lights, Open landscaped areas
  • An Architectural wonder to House Best Of the Brands
  • Catchment comprising High Networth Population

Brands Signed-up

Handover Photos

Testimonials

EXCLUSIVE FEATURES

Contact Us

M3M India Pvt. Ltd.

Paras Twin Towers, Tower B,
6th Floor, Golf Course Road,
Sector 54, Gurgaon-122002, India
CIN: U80903HR2007PTC044491

 

Office : +91 124 4732000; Toll Free : 1800 123 3333

 

Sales Gallery

"The Experia"
Golf Course Extension Road,
Sector 65, Gurgaon-122001
India

 

Sales Enquiries:
Sales@M3MIndia.com
Phone : +91 90691 45300

 

Leasing Enquiries:
Leasing@M3MIndia.com
Phone : +91 9582 794 662

1800 123 3333
Location

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Privacy Policy

Legal Disclaimer and Warranties:

M3M India Private Limited ("M3M") makes available information and materials (the "Information") on this website, subject to the following terms and conditions. By accessing this site, you agree to the terms and conditions as outlined in this Legal Disclaimer. M3M reserves the right to change these terms and conditions from time to time at its sole discretion.

The Information provide on this website of M3M does not constitute an offer, assurance or contract of any nature whatsoever. All the information contained herein, including but not limited to texts, graphics, links or other items, is presented and provided for general information purposes only. Any information or materials are subject to change without any notice or information whatsoever.

The information contained in this website is not intended as legal, financial or real estate advice and must not be relied on as such. One should make his/her/its own inquiries, perform proper due diligence and obtain independent professional advice before making any legal, financial or real estate decisions. This website and its content may not be accurate, up to date, complete, and is not to be relied upon. M3M reserves the right to amend/alter the area, layout, specifications and amenities mentioned in this website. Any graphic animation(s)/image(s) contained in this website are artistic conceptualisations and do not purport to exactly replicate the product(s) depicted therein. Elevations, photographs/images used in this website are purely artistic in nature and are subject to change.

References in this website to any products, events or services do not necessarily constitute or imply M3M's endorsement or recommendation of them. To the fullest extent permitted by law, no warranty of any kind, implied, express or statutory, including but not limited to the warranties of title, merchantability, fitness for a particular purpose, etc., is given by M3M, its affiliates, its group companies nor any of their respective principals, directors, officers, employees, agents or representatives in respect of this website or the information, materials, products or resources included in this website. M3M does not warrant the accuracy, adequacy or completeness of the information provided on this website and expressly disclaims liability for any errors or omissions that may be contained in the posted information or any other material contained in this website.

The foregoing are subject to the prevailing laws of India and the courts in Gurgaon, Haryana, India shall have the exclusive jurisdiction on any dispute that may arise out of the use of this site.

*This property is mortgaged with STCI Finance Limited. NOC for sale of flats / property will be provided as and when required.

Terms

Use of website information:

Except as otherwise indicated elsewhere on this website, you may view, copy, print, download and distribute the Information available on this website subject to the following conditions:

  • The Information may be used solely for personal, informational, or internal business purposes;
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  • M3M India reserves the right to revoke such authorization at any time, and any such use shall be discontinued immediately upon written notice from M3M India.
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M3M India website may contain links to third party websites, which are not under the control of M3M India. M3M India has no responsibility or liability for and makes no representations whatsoever about any other website that you may have access to through the M3M India website. These linked sites are only for your convenience, and therefore, you access them at your own risk. The inclusion of such links does not imply that M3M India endorses or accepts any responsibility for the content or uses of such websites. Nonetheless, M3M India seeks to protect the integrity of its website and the links placed upon it, and therefore requests any feed back on not only its own site, but also third party links as well.

Faq's

Statutory Provisions Governing Acquisition & Transfer of Immovable Property In India By A Person Resident Outside India RELEVANT LAWS & NOTIFICATIONS WITH RESPECT TO ACQUISITION & TRANSFER OF IMMOVABLE PROPERTY IN INDIA BY A PERSON RESIDENT OUTSIDE INDIA:

Section 6 (3) (i) of Foreign Exchange Management Act, 1999 (FEMA 1999) acquisition or transfer of immovable property in India, other than a lease not exceeding five years, by a person resident outside India.

Reserve Bank of India (RBI) notification No. FEMA 21/2000-RB Dated May 3, 2000 (Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations 2000) as amended from time to time as per the following RBI notifications:

  • FEMA 65/2002- RB Dated June 29,2002 - Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) (Amendment) Regulations 2002
  • FEMA 93/2003- RB Dated June 9,2003- Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) (Amendment) Regulations 2003
  • FEMA 146 /2006- RB Dated February 10,2006- Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) (Amendment) Regulations 2006
  • FEMA 186/2009-RB dated February 3, 2009- Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) (Amendment) Regulations 2009

Section 6 (5) of FEMA,1999 A person resident outside India may hold, own, transfer or invest in Indian currency, security or any immovable property situated in India if such currency, security or property was acquired, held or owned by such person when he was resident in India or inherited from a person who was resident in India.

PERSON RESIDENT IN INDIA: Section 2 (v) of FEMA Act 1999 defines person resident in India as follows: "person resident in India" means:

a person residing in India for more than one hundred and eighty-two days during the course of the preceding financial year but does not include-

a person who has gone out of India or who stays outside India, in either case-

    (a) for or on taking up employment outside India, or (b) for carrying on outside India a business or vocation outside India, or (c) for any other purpose, in such circumstances as would indicate his intention to stay outside India for an uncertain period;

a person who has come to or stays in India, in either case, otherwise than-

  • (a) for or on taking up employment in India, or
  • (b) for carrying on in India a business or vocation in India, or
  • (c) for any other purpose, in such circumstances as would indicate his intention to stay in India for an uncertain period;

any person or body corporate registered or incorporated in India,

an office, branch or agency in India owned or controlled by a person resident outside India,

an office, branch or agency outside India owned or controlled by a person resident in India;

PERSON RESIDENT IN INDIA: Section 2 (w) of FEMA Act 1999 defines person resident outside India as follows: "person resident outside India" means a person who is not resident in India;

The aforesaid definitions are vitally important as far as the application of the Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations 2000 (Regulations 2000) is concerned. We may divide them into following categories:

  • A person who is a citizen of India and resident of India,
  • A person who is citizen of India but resides outside India,
  • A person who is of Indian origin but resides outside India.
  • A person who is neither a citizen of India nor of Indian origin and resides outside India.

As such for the purpose of applicability of the Regulations 2000 a person resident outside India may be categorized as follows:

Non-Resident Indians (NRIs) [As per Regulation 2 (vi) of the FEM (Deposit) Regulations 2000 Non-resident Indian (NRI) means A person resident outside India who is either a citizen of India or is a person of Indian origin (PIO).

Person of Indian Origin (PIOs) [ As per Regulation 2 (c) of the FEM (Acquisition and Transfer of Immovable Property in India) Regulations 2000 a person of Indian origin means an individual (not being a citizen of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal and Bhutan who at any time held Indian passport or who or either of whose father or mother or whose grandfather or grandmother was a citizen by virtue of Constitution of India or Citizenship Act, 1955.

Foreign National of Non Indian Origin (Foreign Nationals) [a person resident outside India who is neither a citizen of India nor a PIO.

ACQUISITION OF IMMOVABLE PROPERTY IN INDIA BY NRIs and PIOs (Regulation 3 and 4 of Regulations 2000):

NRIs/PIOs can freely purchase immovable property in India (except agricultural land/plantation property/farm house for which specific approval is required from the RBI in consultation with Government of India (GOI)).

NRIs/PIOs can freely acquire immovable property by way of gift from person resident in India or NRI or PIO except agricultural land/plantation property/farm house.

NRIs/PIOs can inherit immovable property in India.

For acquiring agricultural land/plantation property/farm house specific approval has to be obtained from RBI and the proposals are considered in consultation with GOI.

ACQUISITION OF IMMOVABLE PROPERTY BY FOREIGN NATIONALS:

No restrictions:

  • *Foreign nationals of non-Indian origin can take residential accommodation on lease for a period not exceeding 5 years without taking any permission from or reporting to RBI.
  • Foreign nationals resident in India can purchase immovable property in India without any approvals from RBI provided that the person concerned has obtained the approvals and has fulfilled the requirements if any prescribed by the other authorities such as the concerned State Government etc. A foreign national is a person resident in India if the person is residing in India for more than 182 days during the course of the preceding financial year ( April March) and who has come to or stays in India either for taking an employment, carrying on business or vocation in India or any other purpose that would indicate his intention to stay in India for an uncertain period.
  • The Haryana State Government, as on date, has not mandated any requirement of such specific approval from its offices/ministries. Foreign nationals can inherit immovable property from a person resident in India and person resident outside India.
  • *For foreign nationals holding citizenship of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, Bhutan, only Option 1 is available in default and for exercising options 2 & 3 specific RBI approval required in consultation with GOI. However they can take immovable property on lease for a period not exceeding 5 years.

Restrictions:

  • A foreign national of non Indian origin resident outside India cannot acquire or transfer immovable property in India.
  • A foreign national cannot be a joint holder of property purchased by an NRI /PIO.
  • A foreign national cannot acquire any immovable property by way of gift.
ACQUISITION OF IMMOVABLE PROPERTY BY FOREIGN COMPANIES ESTABLISHING BRANCH OFFICE(S) OR PLACE OF BUSINESS IN INDIA (other than liaison office) (Regulation 5 of Regulations 2000):

Foreign companies acquire any immovable property in India in accordance with RBI regulations, necessary for or incidental to carrying out the business activity by making payment by way of foreign inward remittance through normal banking channels. All applicable laws, rules, regulations or directions for the time being in force should be complied with and a declaration should be filed with the RBI in Form IPI within 90 days from the date of acquisition of property.

The property can be transferred by way of mortgage to an authorised dealer as a security for any borrowing.

Repatriation of sale proceeds however can take place only with RBI permission.

ACQUISITION OF IMMOVABLE PROPERTY BY FOREIGN COMPANIES ESTABLISHING LIAISON OFFICE(S) (Regulation 5 of Regulations 2000):

Foreign companies establishing liaison offices can only lease immovable property for a period not exceeding 5 years.

ACQUISITION OF IMMOVABLE PROPERTY BY FOREIGN EMBASSIES/DIPLOMATS /CONSULATE GENERALS (Regulation 5A of Regulations 2000):

Can purchase and sell any immovable property in India other than agricultural land/farmhouse/plantation property with prior clearance from Ministry of External Affairs, Government of India.

RBI permission is not necessary.

Purchase should be made from inward remittance of foreign exchange.

TRANSFER OF IMMOVABLE PROPERTY ACQUIRED BY NRIs/PIOs/FOREIGN NATIONALS OR COMPANIES (Regulations 3 and 4 of Regulations 2000):

NRIs/PIOs can transfer any immovable property (except agricultural land/plantation property/farm house) to any person resident in India or NRI or PIO (however a PIO has to obtain prior approval of RBI for transfer of immovable property to a PIO)

NRIs/PIO can transfer agricultural land/plantation property/farm house by way of gift or sale to a person resident in India who is a citizen of India.

Foreign nationals and companies can sell immovable property to person resident in India, NRI or PIO with prior approval of RBI.

GIFT OF IMMOVABLE PROPERTY ACQUIRED BY NRIs/PIOs/FOREIGN NATIONALS OR COMPANIES (Regulations 3 and 4 of Regulations 2000)
:

NRIs/PIOs can gift any immovable property to a person resident in India or NRI or PIO

Foreign nationals can gift immovable property to a person resident in India or NRI or PIO with prior approval of RBI.

An agricultural land/plantation property/farm house may be gifted only to a person resident in India who is a citizen of India. However a foreign national needs prior approval of RBI.

MORTGAGE OF IMMOVABLE PROPERTY ACQUIRED BY NRIs/PIOs/FOREIGN NATIONALS OR COMPANIES (Regulations 3, 4 and 5 of Regulations 2000):

An NRI / PIO can mortgage property to an authorised dealer / housing finance institution in India (without the approval of RBI) and a party abroad (with prior approval of RBI).

A foreign national can mortgage property only with prior approval of RBI;

Foreign Companies have a general permission to mortgage the property with an authorised dealer in India.

PROPERTY ACQUISITIONS UNDER ERSTWHILE FERA

Foreign nationals having acquired property earlier under FERA can continue to hold it but can transfer it only with prior approval of RBI.