Max Estates Revives Delhi One Project, Unlocks Rs 20 Billion Sales

25 Apr 2025 CW Team

Max Estates Limited has officially taken over the long-stalled Delhi One project in Noida through the resolution of Boulevard Projects Private Limited (BPPL) under the Insolvency and Bankruptcy Code (IBC). The move brings much-needed relief to homebuyers who have waited seven years and marks a strategic leap for Max Estates in the premium real estate segment of NCR.

Situated at the edge of South Delhi with direct connectivity via the DND Flyway, Delhi One is an integrated mixed-use development featuring ultra-luxury serviced residences, premium office spaces, curated retail, and an exclusive club. The project spans approximately 2.5 million sq. ft. of development potential on a 10-acre parcel, with estimated sales potential exceeding Rs 20 billion and annuity rental income of over Rs 1.2 billion.

Max Estates secured final approvals from the NCLT in February 2023 and NCLAT in October 2024. With this acquisition, the company aims to deliver a downtown experience aligned with its “LiveWell, WorkWell, PlayWell, EatWell” philosophy.

Sahil Vachani, Vice Chairman and Managing Director of Max Estates, stated, “We believe we will provide a world-class real estate experience to the residents and office-goers of NCR. Our goal is to deliver an inspiring, sustainable, and integrated community.”

The development will incorporate green building practices, energy-efficient systems, and biophilic design to foster well-being and sustainability. Residential units will focus on natural light, flexible customisation, and comfort, while commercial spaces will offer modern collaborative environments for diverse enterprises.

This revival positions Max Estates as a key player in transforming NCR’s premium real estate landscape.

(BSE)

Products

04 Dec 2025

Kuche7 Launches Ruby Vanity for Sculpted, High-Performance Bathrooms

Kuche7, India’s leading maker of premium stainless-steel kitchens, has unveiled the Ruby Vanity, a bathroom system engineered for long-term performance with a warm, sculpted aesthetic. Built on a 304-grade stainless-steel framework, the vanity offers corrosion resistance, structural strength and high durability suited to humid environments.Precision metal-forming enables the seamless curved façade, finished in a matte beige PU coat and paired with a marble countertop for depth and texture. Stainless-steel internal carcasses ensure efficient, moisture-resistant storage for everyday use. The ..

Knauf India Doubles Capacity with New Metal Line at Khushkhera Plant

Knauf India, the world’s leading drywall and ceiling solutions company, has inaugurated a new Metal Line at its Khushkhera plant, doubling the facility’s overall production capacity. The expansion strengthens Knauf’s local manufacturing footprint and supports the growing domestic demand for advanced building materials.The launch was held during Knauf’s Dealer Engagement Day, which brought together dealers, partners and team members from across the country for a full-day programme combining technical demonstrations and engagement activities. The event began with a guided plant tour show..

Valueline Launches Tiberio by Ceramica Cielo in India

Valueline, a premium home solutions brand established in 2002, has announced the launch of Tiberio by Ceramica Cielo, an Italian bathroom collection that pairs traditional ceramic craftsmanship with contemporary design. The series is positioned to bring refined elegance and architectural depth to modern interiors.Designed by Andrea Parisio and Giuseppe Pezzano, Tiberio emphasises balanced proportions and a harmonious integration of ceramic and wood. The collection offers both modular and freestanding formats, enabling application across varied settings including high-end residences, boutique h..