Sector 70A, Gurugram

M3M Escala vs Paras Irene

We do not pick one. Below is what each states about itself, what we could check against a public record, and, named rather than left blank, what neither of us can answer.

M3M Escala

M3M India

₹2.15 Cr

The full report on this one →

Paras Irene

Paras Buildtech

₹1.98 Cr

The full report on this one →

Why these two are on one page. A comparison only exists here where a buyer could genuinely be choosing between the two: both in Sector 70A; both quoted on super area, so the rates compare directly; both sell a 3 BHK; their asking ranges overlap — ₹2.15 Cr–₹4.75 Cr and ₹1.98 Cr–₹3.85 Cr. All four are facts the projects state about themselves — we did not score their similarity.

What each one costs

The money, side by side

Every figure below is published by the project or computed the same way its own page computes it. Nothing is averaged, and a disagreement between sources renders as a range.

	M3M Escala	Paras Irene
Asking rate	₹13,571 per super sq ft ≈ ₹20,879 per carpet one listing	₹13,944 per super sq ft ≈ ₹21,452 per carpet one listing
Both quoted on the same area basis — that is one of the reasons these two are on a page together.
All-in, per carpet sq ft	₹28,016a modelled rate card	₹28,663a modelled rate card
The quoted rate plus development charges, GST, stamp duty and registration, divided back over carpet area. Same calculation as each project’s own page — statutory rates are published, development charges are marked where we had to model them.
Ticket, as published	₹2.15 Cr – ₹4.75 Cr	₹1.98 Cr – ₹3.85 Cr
These overlap. That is the test that put the two on one page: a budget that reaches one reaches the other.
A 3 BHK here	₹2.85 Cr – ₹4.75 Cr 2,100–3,500 sq ft super ≈ 1,365–2,275 sq ft carpet	₹2.55 Cr – ₹3.00 Cr 1,830–2,150 sq ft super ≈ 1,190–1,398 sq ft carpet 2 listed
The configuration both projects list most of, priced as each publishes it. Nothing is converted or estimated by us.
Against comparable homes	₹3,433 below the median of 104 comparable homes our cohort	₹3,060 below the median of 104 comparable homes our cohort
Not against each other — against every home we hold on the same area basis, price tier and lifecycle.

What the public record holds

Registration and delivery

	M3M Escala	Paras Irene
Registration	RERA-GRG-907-2021hrera register	No match found may be registered under a different legal name no match found
A registration we cannot confidently attach is a limit of our matching and says nothing about the project. We say which it is.
Registered until	02/08/2018 past its end date, and HRERA does not flag it lapsed — the register disagrees with itself contradiction on record	not on record
Stage and possession	Ready To Move possession stated as 2017-08 as listed	Ready To Move possession stated as 2015-12 as listed
What the developer told the regulator	100% of 152 units booked filed 2021-08-16 form rep-i	not on record
Form REP-I is the developer’s own declaration to Haryana RERA. Where only one of the two has filed, that asymmetry is the finding. It is no mark against the other.

The building and the developer

What stands behind each one

	M3M Escala	Paras Irene
Developer	M3M India 40 projects we track, 5 town-planning licences, 8 refused applications tcp rolls	Paras Buildtech 5 projects we track, 2 town-planning licences, 1 refused applications tcp rolls
Size	not on record	not on record
Amenities	23 counted 14 of them premium as listed	33 counted 27 of them premium as listed
A count of what is listed. It says nothing about what any of it is worth.
Nearest metro	10.0 kmstraight-line	9.8 kmstraight-line
Resale outlook	Good resale market how contested selling it again would be our index	Mixed resale market how contested selling it again would be our index
Our own index, filed nowhere: built from liquidity, pipeline, price position and location, and validated against resale listings.

The short version

Where they genuinely differ

Each line names the figure it came from. None of them is advice.

✓
They ask within 2.7% of each other per square foot — ₹13,571 and ₹13,944. Whatever separates these two, it is not the rate
both projects’ published rates
✓
Once charges and duty are added the gap becomes ₹647 a carpet square foot, against ₹373 on the quoted rate
published statutory rates, applied to both
✓
Possession is stated as 2017-08 for M3M Escala and 2015-12 for Paras Irene
as listed by the developer
⚠
M3M Escala is matched to the Haryana RERA register; Paras Irene is not. A project can be registered under a legal name that differs from its marketing name, so treat this as an open question on Paras Irene rather than a finding
HRERA register
✓
M3M Escala has filed how much of it was sold — 100% of 152 units when it last filed, in 2021-08. The other has not filed a figure we could read
Form REP-I
⚠
Paras Irene lists 33 amenities against 23 at M3M Escala. It is a count of what is advertised, and nobody audits it
developer listings
✓
M3M India holds 5 town-planning licences on the public record against 2 for Paras Buildtech
Town & Country Planning rolls
⚠
Our resale index reads M3M Escala as good resale market and Paras Irene as mixed resale market. It is our own index rather than a filed figure, and it describes how contested selling again would be, and says nothing about what the home will be worth
our resale index

Not compared

Where the record is incomplete

These fields are missing for one or both projects, so no comparison is drawn. Named here rather than left blank, where an absence would read as a finding.

On M3M Escala

What residents of this locality complain about

not on record

On Paras Irene

What residents of this locality complain about

not on record

A registration we can confidently attach to this project; a limit of our matching rather than a statement about the developer

not on record

The part you were expecting

We are not going to pick one

There is no winner on this page, and there will not be one. Two homes differ on price, on stage, on who built them and on how hard each would be to sell again, and which of those matters is a question about you rather than about the buildings. A site that ranks two homes is selling one of them. The most useful thing we can do is put the record of both in front of you and be clear about where it runs out.

Deciding between more than two? The Property File keeps your own shortlist, your own notes from each visit, and the all-in cost of each — and it does not pick a winner either.

M3M Escala vs Paras Irene

The money, side by side

Registration and delivery

What stands behind each one

Where they genuinely differ

Where the record is incomplete

We are not going to pick one

Both reports, and the sector behind them

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