@jineso The Project and Visio with traditional licenses (Retail or Volume license) in Office 16.0 are available in 2016, 2019, 2021, and 2024 releases. But Project and Visio with a subscription license are called "Project Online Desktop Client" and "Visio Plan 2" and they didn't make separate Product IDs, they just use the 2016 Retail Pro version product ID, which is "ProjectProRetail" and "VisioProRetail". Installed licenses define the feature, not the installed build number or Product ID. So, in this case, if you enter the Retail or Volume key with the Project 2016 product ID, you will see fewer (2016) features and if you use the subscription license key, you will see all the latest features. Subscription licenses for Project and Visio are only available with 2016 Product ID, and not available with 2019/21/24. That is why, they are listed in Microsoft 365 / Subscription as well as the 2016 category.
So what have you done to get it activated as subscription product? KMS or OHook? I have Office displaying MS Apps 365, but Visio and Project show Mondo 2016, while indeed version 2407