M3M PYP- Port your Property Exchange offer in Gurgaon.

Stuck in Old Property . Exchange Old Property with a New Property

M3M Property Exchange Offer

Are you Stuck in a Property Project so here is M3M PYP Property Exchange Offer  !

This page caters to both domestic and global purchaser/investor and anybody who is interested for M3M Properties under the PYP Scheme-Port your property of M3M-. The property exchange at M3M has started in  Oct 2020 and has supported a lot of property buyers and sellers.

There could be a variety of reasons to be stuck in any property:-

  • * Builder has stopped the construction of the project.
  • * You are not able to resale your property.
  • * Your property developer is delaying the project delivery.

You don’t have to worry. M3M offers a solution. Exchange your old property with any new one from M3M.  You can exchange old property with a new under the M3M PYP -Port your Property Scheme. The Scheme details are as under:

Key Features Port Your Property PYP -Exchange

  • The minimum required investment has to be 3.5 times of the stuck up (disputed )amount in old property.  For Example:- The amount stuck up in the old property is 20 Lacs. The new property the client now buys from M3M has to be 3.5 times implying 70 lac shall be the minimum investment of the client.
  • The client will be offered the property in 50:50 payment scheme. If the price of the property is Rs 70 Lakhs client has to make upfront payment of Rs 35 Lakhs, 50% of Remaining Rs 35 Lakhs less the disputed amount of Rs 20 Lakhs, ie. Rs 15 Lakhs at the time of possession.)
  • The application amount shall be 10% Along with duplicate papers of the property.
  • The payment plan under this scheme shall be 50:50.
  • Assured return shall be given on the stuck up amount.
  • The assured return will be given on the payment made upfront to M3M ie. 50%
  • Original papers of the disputed property will be deposited at M3M at the time of booking confirmation.

Commercial Properties

M3M Broadway Commercial Sector 71 Gurgaon
M3M Broadway Sector 71 Gurgaon
M3M IFC
M3M IFC Gurgaon
M3M Heights Sector 65 Gurgaon
M3M 65 Avenue Sector 65 Gurgaon
M3M Cornerwalk
M3M Cornerwalk Sector 74 Gurgaon

Residential Properties

M3M Skywalk Sector 74 Gurgaon Gurugram
M3M Skywalk Sector 74 Gurgaon | Sizes 1500-2000 sq ft | Price starting from Rs.1.5 cr
m3m golf estate
M3M Golf Estate Sector 65 Gurgaon | Sizes 3000-10000 sq ft | Price starts 4.5cr onwards
m3m heights
M3M Heights Sec- 65 Gurgaon | Sizes 1400- 2000 sq ft| Range 1.5 cr onward
m3m woodshire
M3M Woodshire Sec 107 Gurgaon | Sizes sq ft | Price range 77 lacs- 1.55 cr

About M3M 

 The developer M3M has  2200 acres of landbank in prime areas of Gurgaon-  Golf Course Extension, SPR, and Dwarka Expressway. It is one of the top 2 developers in India. It has delivered 150 lac square of feet of projects and 250 square feet of projects are under development. It is considered as No. 1 developer in North India. M3M is known for its finest quality of construction, architecture, and timely delivery of projects.

Click here to know definition of Property Exchange and Property Exchange Rules

 

 

Which Property to choose for Port/ Exchange Your Property

If one is interested for an under construction luxury property in the budget of Rs. 1.5cr-2.5 cr price  and preference is Golf Course Extension  , the project is bang on the main road at Sector 65 Gurgaon Then this project is the best option. The project is slated to have possession in 2022/23

If one is interested for an under construction luxury property in the budget of Rs. 2 cr-2.5 cr price  and preference is Golf Course Extension. Then this project is the best option as it is in Sector 67 off golf course extension. The project is slated to have possession in 2022/23

If one is interested for  a ready to  move ultra luxury property having a budget of Rs. 4.5 cr+  and preference is Golf Course Extension. Then this project is the best option as it is in Sector 65 bang on the highway. The project is already delivered for last several years and families are happily living in.

If one is interested for an under construction luxury property in the budget of Rs. 1.25cr + and preference is SPR/ Golf Course Extension. Then this project is the best option as it is in Sector 74 at SPR/ golf course extension road bang on highway. The project is slated to have possession in 2024/25..

If one is interested for a ready to  move property  having a budget of Rs. 1 cr +  and preference is Dwarka Expressway Gurgaon. Then this project is the best option as it is in Sector 107 Gurgaon. The project is already delivered for last several years and families are happily living in.

If one is interested for an under construction property having a budget of 1cr- 15cr then we have several options available from shops, food-court and multiplex and location preference is SPR / Golf Course Extension. Then this project is the best option as it is in Sector 74 Gurgaon. The possession of the property is expected in2021.

If one is interested in an under-construction property having a budget of 1cr-10cr then we have several options available from shops, food-court, and multiplex, and location preference is SPR / Golf Course Extension. Then this project is the best option as it is in Sector 71 Gurgaon. The possession of the property is expected in 2022/23.

If one is interested for an under-construction property having a budget of 1.5 cr onwards then we have several options available from shops, food-court and multiplex and location preference is Golf Course Extension, Gurgaon. Then this project is the best option as it is in Sector 65 Gurgaon. The possession of the property is expected in 2022.

More about Property Exchange

Customer Questions on Property Swap

There are many customers in India who are facing the problem in stuck up properties.  There could be several reasons for this property swap. People  are stuck in the old property because developer is not constructing it due its financial problems. Customers could be interested themselves because they want to upgrade their property to small to bigger ones. Although it is a new concept in India but its working for both the builders and customers as it is win –win situation for all of them.

Mr Kumar discusses that “ I have 2 BHK flat in Lotus Zinc, it is not getting registered that is why he wishes to  change the property from Lotus Zinc to M3M. I am working in Gurgaon. I would like to know if it is possible to switch property from Noida to Gurgaon? The difference of the property value can be settled as per mutual agreement.”

On the other hand another Mr. Ravi says” I have booked a property in L Zone in Raheja. It is not clear whether this project will start work or not. So he intends to know if he can switch property from Old to New at M3M?

Answer from M3M

Any customer who is stuck in the property whether in Delhi, Gurgaon, Faridabad, Noida and Greater Noida can switch the property from Old to New one from M3M. If the old builder of the client has not started work  or delayed the possession for any reason, he can show the property papers and M3M Team will do the valuation of the property. Whatever the value of the property comes, the client takes the benefit for the same. The client shows the receipts of the  payment made for property and M3M gives advantage or benefit for the same to the owner by counting it in the new property he/she intends to buy.

Legal Implications:-

As the Property Exchange scheme is going in Delhi NCR , we should understand the legal implications of the same.  When we exchange property and if we tend overlook that there is money in transaction and therefore no tax. We should understand the implications correctly. What is exchange? In Exchange transfer of property takes place and no money is involved and two persons are doing it under mutual agreement with one to other. One should check the implication if any of Section 56(2)(x), Section 54 of the Income Tax Act, 1961, More details can be checked at Taxguru.

CALL ME
+
Call me!