Under construction · M3M City, Panipat
Stilt-plus-four 3 BHK luxury floors inside M3M City of Dreams, Panipat, where every floor gets its own open-to-sky terrace. HARERA registered and launched in December 2025 at about ₹1.35 Cr* per floor.
Price list, floor plans, availability and the brochure — sent on WhatsApp.
Overview
The short answer
M3M Terraces is an under-construction low-rise project inside M3M City (M3M City of Dreams), Sectors 36/37, Panipat. It offers only 3 BHK luxury floors in a stilt-plus-four format on about 3.775 acres, and every floor comes with a private terrace that M3M calls the My Aer Lounge. The project is registered with HARERA Panchkula as HRERA-PKL-PNP-704-2025. M3M launched it in December 2025 at around ₹1.35 Cr* per floor; one portal lists the home at roughly 1,735 sq. ft. Confirm current pricing and areas against the official price list.
Panipat's organised housing market is mostly plotted colonies and a handful of apartment towers, with very little in between. M3M Terraces is aimed squarely at that gap. The buildings stop at four residential floors above stilt parking, so you live in a short, human-scale block rather than on a high corridor, and the outdoor space attached to your floor belongs to you instead of being a shared rooftop.
The project covers 1.527 hectares (about 3.775 acres) of M3M City, the township M3M is developing across Sectors 36 and 37 off the Delhi–Ambala corridor (NH-44). Terraces residents therefore plug into township-level planning: the 60-metre Avenue-60 spine, an epoxy cycle track, linear greens and themed gardens, and five clubhouses planned at roughly 2 lakh sq. ft. in total. See M3M City of Dreams for the plotted side of the township.
The paperwork is easy to check. The promoter on record is Uttirna Infraprojects Pvt. Ltd., the land sits under DTCP licence 85 of 2023, and the HARERA registration is dated 27 May 2025. Launch coverage in December 2025 put the expected topline at about ₹600 Cr and targeted completion at end-2027, while portals show a RERA completion date of July 2031, so ask which date your agreement commits to.
M3M India project page, HARERA registration details & launch coverage (Dec 2025)
Key highlights
Six things that separate Terraces from a standard apartment launch in Panipat.
M3M's My Aer Lounge gives each floor its own open-to-sky terrace. Launch material pitches it as space you can set up as a yoga deck, a planted garden or an evening seating area, rather than a common roof you share with a whole tower.
The stilt-plus-four format keeps each building short. Cars stay at stilt level, the homes sit on four floors above, and daily life feels closer to an independent floor than to a high-rise apartment with long corridors and busy lobbies.
Terraces is one pocket of M3M's township in Sectors 36–37, reported at about 337 acres. Residents share its roads, linear parks, planned school and healthcare sites and the Citywalk high street as these come up around the plotted neighbourhoods.
The township plan includes five clubhouses — The Pavilion, The Summit, The Little Kingdom, The Strikers and The Harmony — covering roughly 2 lakh sq. ft. between them for sport, wellness, children's activities and events.
The township's spine is Avenue-60, a 60-metre-wide central road with separate vehicle and pedestrian movement and an epoxy cycle track. For a low-rise pocket, that wide arrival road keeps the neighbourhood feeling open.
Terraces was registered as HRERA-PKL-PNP-704-2025 in May 2025, months before the December 2025 launch, on land under DTCP licence 85 of 2023. You can check the promoter, approved plans and quarterly progress on the HARERA Panchkula portal.
Price & configurations
Terraces is a primary sale from the developer, not a resale market yet. M3M launched the 3 BHK floors at about ₹1.35 Cr* each, and broker portals now quote from roughly ₹1.40 Cr*.
Launch pricing as reported by trade and business press (Dec 2025); current quotes cross-checked on public listings (2026)
| Configuration | Size | Indicative price* | Notes |
|---|---|---|---|
| 3 BHK luxury floor | ~1,735 sq. ft.* (portal-listed) | ₹1.35 – 1.40 Cr* onwards | Stilt + 4; private terrace with every floor |
| Rate per sq. ft. | — | ~₹7,800 – 8,100* | Derived from launch price and listed size |
*Indicative prices from launch coverage (December 2025) and 2026 portal listings; they exclude GST, stamp duty and any location or statutory charges. The unit size is as listed on a property portal and has not been confirmed from M3M's published documents. Request the latest M3M Terraces price list.
The residences
One home type, planned around a terrace that most Panipat apartments simply don't have.
M3M describes the homes as 3 BHK luxury floors with airy interiors, efficient planning and a contemporary façade. Because it's the only configuration in the project, the real decisions are which level you want to live on and how you plan to use the terrace, not which of a dozen layout variants to pick.
The terrace is the part of the floor plan to study closely. M3M's launch material frames the My Aer Lounge as a personal extension of the home: a yoga corner, landscaped seating or an entertainment deck. Before booking, ask for the approved terrace area of your specific unit, how it is accessed, and who is responsible for waterproofing and upkeep.
The only home type in the project. One portal lists it at about 1,735 sq. ft.*; M3M shares the official super and carpet areas along with the price list.
An open-to-sky private terrace attached to every floor — the feature that gives the project its name and sets it apart from Panipat's apartment towers.
Parking at stilt level with four residential floors above, so the building stays low and the homes stay close to the greens and streets around them.
M3M India project page; unit size from a public portal listing (to be confirmed)
Amenities
Terraces residents share the M3M City amenity network. The list follows M3M's project page and township launch details.
Township clubs and social infrastructure are delivered in phases; confirm what will be operational by your possession date.
Life at M3M City
Terraces makes the most sense when you look at the township being built around it.
M3M City is organised around Avenue-60, a 60-metre-wide central avenue that acts as the township's main street. Vehicle and pedestrian movement are kept apart, and an epoxy cycle track runs through the plan, which suits families with children who cycle or walk to the clubs.
For a low-rise project, the scale of the approach road matters: wide sightlines, tree-lined edges and a gated entry give Terraces a calmer, more planned feel than the older colonies of central Panipat.
The township's five clubs are themed by use: The Pavilion and The Summit for leisure and wellness, The Strikers for sport, The Little Kingdom for children and The Harmony for community life. Together they add up to roughly 2 lakh sq. ft.
Around them, the plan sets aside space for a nursery, primary and high school, creche, dispensary, a religious site and the Citywalk retail street, so everyday needs can be met without heading into the city.
Location & connectivity
Sectors 36 and 37 are a few minutes from Model Town and Panipat railway station, with NH-44 linking the city to Delhi and Karnal.
City centre: M3M lists Ram Lal Chowk about 5 minutes away and Model Town and Panipat railway station around 7 minutes away, so errands and train travel don't depend on the highway.
Healthcare & sport: Civil Hospital and Shivaji Stadium are about 8 minutes from the site, and Tau Devi Lal Park is roughly a minute away.
Regional links: Panipat sits on NH-44 (the Delhi–Ambala corridor), roughly 90 km north of Delhi. The planned Delhi–Panipat RRTS and the proposed Karnal airport are the infrastructure projects most often cited for the area's long-term demand.
Travel times are as listed by M3M and vary with traffic. The RRTS and Karnal airport are planned projects, not yet operational.
Gallery
Artist's impressions and township visuals from M3M's project material for Terraces and M3M City.
The investment case
The honest version: it's an end-user product first, and its upside depends on how the township around it matures.
Low-rise floors with private outdoor space are rare in Panipat's organised market, which is dominated by plots and conventional towers. A product type with little direct competition usually holds resale interest once the neighbourhood is lived in.
Value here depends less on the individual building and more on M3M City: Avenue-60, the five clubs, schools and the Citywalk high street. Track how much of that is delivered by the time you get possession.
That's an upper-mid budget for Panipat, but well below what a 3 BHK with private outdoor space costs in Gurugram — the comparison many NCR buyers and Panipat's business families actually make.
NH-44, the planned Delhi–Panipat RRTS, the proposed Karnal airport and Panipat's industrial base form the long-term demand story. None of these is a guarantee, and the planned projects still have uncertain timelines.
The caveat
This is an under-construction purchase in a tier-2 city. Launch coverage targets completion by end-2027, but portals show a RERA completion date of July 2031, and resale liquidity in Panipat is thinner than in Gurugram. Buy it if your family will live here or you can hold for several years, and check the HARERA quarterly updates before each instalment.
M3M India is a Gurugram-based developer known for luxury high-rises and golf-course addresses such as M3M Golf Estate. In Panipat it is building M3M City of Dreams, a plotted township in Sectors 36–37, and Terraces adds ready-built low-rise homes for buyers who would rather not construct on a plot themselves.
For this project the registered promoter is Uttirna Infraprojects Pvt. Ltd., the entity named on M3M's RERA and licence disclosures. Your application form, allotment letter and payment receipts should carry that name along with the HARERA number HRERA-PKL-PNP-704-2025.
FAQs
Price, configurations, RERA, status, location and amenities, answered directly.
M3M Terraces is inside M3M City (M3M City of Dreams), Sector 36/37, Panipat, Haryana. M3M lists Ram Lal Chowk about 5 minutes away, Panipat railway station and Model Town around 7 minutes, and Civil Hospital about 8 minutes. The city sits on NH-44, roughly 90 km north of Delhi.
M3M launched the 3 BHK floors in December 2025 at about ₹1.35 Cr* per floor, and property portals now quote from around ₹1.40 Cr*. Final cost depends on floor level, statutory charges and the payment plan, so ask for the current official price list.
Only 3 BHK luxury floors in a stilt-plus-four low-rise format. One portal lists the unit at about 1,735 sq. ft.*; M3M shares the confirmed super and carpet areas, and the terrace area for each unit, with the price list.
Yes. It is registered with HARERA Panchkula as HRERA-PKL-PNP-704-2025, dated 27 May 2025. The land is covered by DTCP licence 85 of 2023, and the promoter is Uttirna Infraprojects Pvt. Ltd.
Launch coverage in December 2025 said M3M targets completion by end-2027. Portals list the RERA-registered completion date as July 2031. The date in your builder-buyer agreement is the one that counts, so confirm it before booking.
It is M3M's name for the private, open-to-sky terrace that comes with every floor. The launch material suggests using it as a yoga deck, a landscaped sit-out or an entertainment space.
Residents share M3M City's amenities: five clubs of roughly 2 lakh sq. ft. in total, a swimming pool, tennis court, aerobic lawn, jogging track, epoxy cycling path, skating rink, miniplex, banquet hall, amphitheatre, café, restaurant, zen garden, nature park, pet parks and a kids' play zone.
The project is developed by M3M India, with Uttirna Infraprojects Pvt. Ltd. as the promoter named on the HARERA registration and licence disclosures.
The project covers about 3.775 acres (1.527 ha). M3M has not published a unit count on its project page; portal listings put it at around 408 homes*, which should be confirmed from the HARERA registration.
Carpet area is the usable floor area inside your walls, as defined under RERA. Super area adds a share of common areas such as stairs, lobbies and services. Compare carpet areas and the separately stated terrace area when you evaluate the price per sq. ft.
Yes. Terraces is a low-rise pocket within M3M's Panipat township. The plotted side of the township is covered on our M3M City of Dreams page.
Call or WhatsApp +91 96674 44119, or use the enquiry form on this page. We'll send the latest price list, floor plan, terrace dimensions and payment schedule.
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