Max Estates reports Rs 4,100 cr pre-sales from Gurugram project

04 Oct 2024 CW Team

Max Estates Limited has announced ₹4,100 crore in pre-sales from its first residential project in Gurugram. The company had initially projected ₹4,000 crore in guidance for FY25 and has already collected ₹400 crore.

“Our main focus is on executing multiple projects and expanding our portfolio by adding 3 million square feet each year as we introduce new LiveWell experiences,” stated Sahil Vachani, Managing Director and Vice Chairman of Max Estates.

In light of this success, Max Estates has revised its guidance for the total Gross Development Value (GDV) of Estate 360 from ₹4,000 crore to ₹4,800 crore for FY25.

“The successful launch of Estate 360 reinforces our commitment to enhancing our presence in this sector, which includes acquiring an additional 18.23 acres of land adjacent to the current development earlier this year through a Joint Development Model (JDA). This project is currently in the design phase and will be launched in stages starting next financial year, with an overall development potential of 4 million square feet and a GDV potential of ₹9,000 crore,” said Rishi Raj, COO of Max Estates.

Estate 360 is touted as Delhi NCR’s first large-scale intergenerational residential community, designed by the renowned architecture firm Gensler. Two of the six residences are dedicated to senior living, managed by Antara Senior Living, and include a healthcare center available to all community residents. The entire development is IGBC Platinum Pre-certified, integrating sustainability best practices.

Max Estates has built a diversified portfolio of real estate across two asset classes in Delhi NCR and has partnered with New York Life Insurance Company (NYL) to enhance its commercial office platform.

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..