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

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..