Max Estates Limited — Updates, 27-12-2024: Press Release
Max Estates Limited has successfully launched Phase II of its Estate 128 project in Noida, achieving a pre-sales booking value of INR 845 Crores within just one week. This phase expands the community to four towers, with the total booking value across both phases reaching approximately INR 2,700 Crores. In the first nine months of FY25, the company has already secured around INR 5,000 Crores in booking value, significantly surpassing its annual target of INR 4,800–5,200 Crores. The net price realization for Phase II exceeds that of Phase I by over 40%, reflecting strong market demand for well-designed residential projects. With plans to add at least 3 million sq. ft. annually, Max Estates is positioning itself for further growth in both commercial and residential sectors in Delhi NCR. The Estate 128 development emphasizes green spaces and holistic amenities designed for community engagement and well-being. Positive sentiment in pre-sales suggests a robust demand trajectory, marking potential growth opportunities for investors.
