Max Estates Limited — Updates, 24-04-2025: Press Release

Max Estates has taken over the Delhi One project in Noida, marking a significant development in the long-delayed initiative. This integrated mixed-use development will incorporate ultra-luxury serviced residences, premium office spaces, curated retail, and an exclusive club. The total development potential spans approximately 2.5 million sq. ft., with a projected sales potential exceeding INR 2,000 Crore and an estimated annuity rental income of over INR 120 Crore.

The project, strategically located near South Delhi and well-connected via key transport links, is positioned to enhance Max Estates' reputation as a premier real estate developer in the NCR. This takeover follows approvals from the NCLT and NCLAT, indicating a strong turnaround for the previously stalled site, promising renewed momentum that could bring substantial benefits to both the company and homebuyers. With a focus on well-being, the development aims to integrate green building practices and innovative design, creating a harmonious living and working environment. Investors should consider this development as a potentially significant growth opportunity for Max Estates.