+
Max Estates Reports Robust Pre-Sales And Leasing Momentum
Real Estate

Max Estates Reports Robust Pre-Sales And Leasing Momentum

Max Estates Limited (MEL) launched Estate 361 in Sector 36A, Gurugram, a forest?anchored residential community with a gross development value of Rs 25,000 mn and average price realisation of Rs 22,000 per sq. ft. The development covers 18.23 acres and will deliver 250,000 sq. ft. of forest greens with over 1,000 indigenous trees and more than 50 species, together with senior living residences and an integrated wellness centre managed by Antara Senior Living Limited. MEL reported pre?sales in Gurugram exceeding Rs 19,000 mn, reflecting strong demand for wellness?centred housing.

Estate 128 in Noida reported Rs 27,340 mn in bookings and collections of Rs 10,940 mn, with construction progressing on upper slabs. Estate 360 in Gurugram has bookings of Rs 48,310 mn and collections of Rs 11,100 mn, with multiple tower slabs completed. The company said construction timelines across projects remain on track.

MEL secured development rights for a 7.25?acre parcel in Sector 59, Gurugram, with development potential of one point three mn sq. ft. and GDV above Rs 30,000 mn, expected to launch in Q4 FY27. Planned launches in Noida aggregate Rs 50,000 mn of GDV and the company has a total launch pipeline of Rs 145,000 mn GDV, with the Max One mixed?use scheme included. The group said it aims to add two mn sq. ft. of residential space each year.

Commercial leasing included a binding letter of intent to pre?lease 200,000 sq. ft. at Max District at gross rentals exceeding Rs 2,700 mn, secured at a 35 per cent premium and concluded three years ahead of completion. Operational commercial assets are fully occupied and generate annual rental income of Rs 500 mn, Rs 340 mn and Rs 600 mn, while annuity potential across the portfolio is estimated at more than Rs 7,230 mn over five years. Nine?month consolidated revenue was Rs 1,500 mn, EBITDA Rs 270 mn, profit after tax Rs 200 mn, and net debt stood at Rs 4,140 mn; the company said these results validated its LiveWell and WorkWell strategy and supported growth.

Max Estates Limited (MEL) launched Estate 361 in Sector 36A, Gurugram, a forest?anchored residential community with a gross development value of Rs 25,000 mn and average price realisation of Rs 22,000 per sq. ft. The development covers 18.23 acres and will deliver 250,000 sq. ft. of forest greens with over 1,000 indigenous trees and more than 50 species, together with senior living residences and an integrated wellness centre managed by Antara Senior Living Limited. MEL reported pre?sales in Gurugram exceeding Rs 19,000 mn, reflecting strong demand for wellness?centred housing. Estate 128 in Noida reported Rs 27,340 mn in bookings and collections of Rs 10,940 mn, with construction progressing on upper slabs. Estate 360 in Gurugram has bookings of Rs 48,310 mn and collections of Rs 11,100 mn, with multiple tower slabs completed. The company said construction timelines across projects remain on track. MEL secured development rights for a 7.25?acre parcel in Sector 59, Gurugram, with development potential of one point three mn sq. ft. and GDV above Rs 30,000 mn, expected to launch in Q4 FY27. Planned launches in Noida aggregate Rs 50,000 mn of GDV and the company has a total launch pipeline of Rs 145,000 mn GDV, with the Max One mixed?use scheme included. The group said it aims to add two mn sq. ft. of residential space each year. Commercial leasing included a binding letter of intent to pre?lease 200,000 sq. ft. at Max District at gross rentals exceeding Rs 2,700 mn, secured at a 35 per cent premium and concluded three years ahead of completion. Operational commercial assets are fully occupied and generate annual rental income of Rs 500 mn, Rs 340 mn and Rs 600 mn, while annuity potential across the portfolio is estimated at more than Rs 7,230 mn over five years. Nine?month consolidated revenue was Rs 1,500 mn, EBITDA Rs 270 mn, profit after tax Rs 200 mn, and net debt stood at Rs 4,140 mn; the company said these results validated its LiveWell and WorkWell strategy and supported growth.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code