Luxury Residences

India's First Billionaire Block — Elie Saab Residences: Where High Fashion Meets High-Rise Living

Realty Rhinos · 2026-03-13 · 4 min read

India's First Billionaire Block — Elie Saab Residences: Where High Fashion Meets High-Rise Living

M3M is bringing Elie Saab Residences to Sector 111 on Dwarka Expressway — 3 towers, only 300 apartments of 4.5 BHK, inside a 170–180 acre Smart City Delhi Airport ecosystem. Here is an honest look at the product, the location and the numbers.

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Let us be brutally honest. Most "luxury" apartments in India today are expensive boxes with granite countertops — same layouts, same soulless lobbies, same lack of personality. Billionaires do not live in regular buildings; they look for something genuinely exclusive.

That is exactly what is coming up at Sector 111, Smart City Delhi Airport, Gurugram. This is not just another branded tower — it is planned as India's first complete Billionaire Block: a 170–180 acre ecosystem where seven branded residences are planned, starting with the crown jewel — Elie Saab Residences by M3M.

The designer who dresses royalty will now design your home

The same house that has created gowns for Jennifer Lopez, Aishwarya Rai, Priyanka Chopra, Alia Bhatt and Sonam Kapoor is designing the residences — not just apartments, but tower lobbies, lift lobbies, clubhouses and customisable interior packages.

Elie Saab is a name that commands a 25–30% premium in the global luxury market, with interiors for yachts, private jets and exclusive properties — 21 projects across 15 countries.

Location that changes everything

  • Sector 111, Dwarka Expressway — Smart City Delhi Airport
  • About 10 minutes to IGI Airport
  • About 5 minutes to the Delhi border
  • About 7 minutes to the Diplomatic Enclave
  • Part of a 170–180 acre integrated township with 7 global branded residences planned

Just as Golf Course Road was transformed by its landmark addresses, Sector 111 is positioned to rewrite the map of luxury in Gurugram.

The architecture of exclusivity

  • Land area: 170–180 acres (Smart City Delhi Airport)
  • Towers: 3 exclusive towers
  • Height: Ground + 25 floors
  • Total inventory: only 300 apartments
  • Configuration: 4.5 BHK + house staff
  • Apartment size: 4,450 sq. ft.
  • Ceiling height: 12 feet — the reason for 25 floors instead of the usual 30–35

What you actually get

  • One apartment per core — it feels like an independent floor
  • Twin master bedrooms
  • 10 x 8 feet walk-in wardrobes
  • Private pool access
  • Wrap-around balconies and decks, 6–10 feet wide
  • Private exclusive lift lobbies
  • Tower tops lit in changing colours — landmarks on the skyline

When Rs 40,000 per sq. ft. goes into the lobbies alone

The developer is spending a reported Rs 40,000 per square foot on lobbies. It is less about cost and more about the obsessive detail a fashion house brings to architecture. Planned amenities include:

  • Michelin-style restaurants and private dining
  • Olympic-standard temperature-controlled pools
  • State-of-the-art athletic zones
  • A 5.5-acre central green park and party lawns
  • Spa, wellness centres and meditation decks
  • Business centre and co-working spaces
  • Kids' learning centres, senior citizen zones, pet-friendly walks

In total, about 1.5 lakh sq. ft. of resort-style amenities — a five-star experience with zero travel time.

The builder behind it

  • 41+ delivered projects and 2 crore sq. ft. handed over
  • 62 projects in total; among the largest unlisted developers in North India
  • A land bank of roughly 3,000 acres
  • Ecosystem-scale developments: Smart City Delhi Airport, a 300+ acre township in Panipat, Gurugram International City in Manesar

Their strongest card is construction speed — historically their core competitive advantage.

Where the value could come from

Ticket size is approximately Rs 15 crore, payable over roughly five years under a staged payment plan rather than one shot. Three levers matter:

  1. Capital appreciation as the wider township and six more branded residences come up
  2. Launch premium for early buyers versus post-launch pricing
  3. Rental yield — comparable 4,500 sq. ft. branded homes in Gurugram command strong monthly rentals from HNI and expatriate tenants

None of this is guaranteed. Treat every projection as a scenario, not a promise, and check the numbers against your own holding period.

Who this suits — and who it does not

A good fit for: HNIs seeking a prestige address, NRIs wanting global-standard living in India, senior corporate leaders and entrepreneurs who value a genuinely differentiated product.

Not a fit for: budget buyers, anyone comparing on price per sq. ft. alone, or buyers who see a home purely as shelter rather than as a long-hold asset.

Legal and approvals

The project is being marketed as RERA certified with a clear title and a transparent payment plan. Always verify the current RERA registration number and its validity on the authority's portal before paying anything, and read the allotment documents in full.

The bigger picture

Global luxury brands are entering Indian real estate at speed — Sector 111 is planned for six more branded residences, and Golf Course Extension Road is seeing its own set of brand collaborations. Early entrants into a new luxury cluster have historically captured the largest part of the re-rating.

Before you decide

Do not decide from a blog post alone. Luxury real estate deserves to be experienced — visit, compare against the other branded options in Gurugram, and stress-test the payment plan against your cash flows.

Disclaimer: Real estate investments carry financial risk. Read all RERA guidelines and project documents carefully, and consult a trusted advisor before investing. Prices, sizes, approvals and timelines are indicative and subject to change by the developer.

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