Max Estates Posts Rs 53,050 mn Pre-Sales In FY2026

09 Apr 2026 CW Team

Max Estates reported pre-sales of Rs 53,050 million (mn) in fiscal year 2026, with the fourth quarter contributing Rs 33,920 mn.

This was the second consecutive year the company exceeded Rs 50,000 mn in pre-sales and reinforced its position as an end?user?centric developer in the National Capital Region.

Estate 361 in Gurugram recorded Rs 17,040 mn after its December launch, marketed as a forest?anchored intergenerational community.

The development featured about 250,000 sq. ft. of forest greens and more than 1,000 indigenous trees across 18.23 acres and achieved an average realisation of Rs 22,000 per sq. ft.

Estate 105 in Noida delivered Rs 17,830 mn in pre-sales within 10 days of its March launch and carried a first?phase GDV of Rs 30,000 mn on a 10.33?acre site.

Max One added Rs 14,150 mn to FY26 pre-sales, including Rs 12,210 mn recognised after regulatory approval, assisting erstwhile homebuyers.

Collections for the year totalled Rs 15,780 mn and annual collections were 20–25 per cent, supporting construction without incremental residential debt.

The balance sheet showed total debt of Rs 18,590 mn as on March 2026, including loan?against?property liabilities of Rs 9,680 mn and cash and cash equivalents of Rs 16,850 mn, leaving net debt of Rs 1,740 mn.

Pre-sales moved from Rs 18,410 mn in FY2024 to Rs 53,210 mn in FY2025 and Rs 53,050 mn in FY2026, reflecting scale.

The company reported a GDV pipeline of Rs 160,000+ mn and a fully leased commercial portfolio generating over Rs 1,500+ mn in annual rental with potential annuity income of Rs 7,000+ mn within five years.

Management said the results reflected the appeal of wellbeing?focused LiveWell and WorkWell offerings and robust collection efficiency, and that sales momentum at Estate 105 and Estate 361 validated customer response.

It entered fiscal 2027 with high visibility and aims to add two million sq. ft. of residential and one million sq. ft. of commercial space annually.

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