Max Estates Seals Deals for Residential Development Worth ₹9,000 Cr

a potential group housing residential development
Max Estates has finalized binding agreements for a potential group housing residential development spanning 18.23 acres of land in Gurugram. With an estimated gross development value (GDV) surpassing ₹9,000 crore, this project covers approximately 4 million sq ft of development area.

The newly acquired land parcel is adjacent to Max Estates' existing 11.80-acre plot on Dwarka Expressway in sector 36 A, Gurugram, where the company entered into a joint development agreement (JDA) last year.

Combining both opportunities, Max Estates anticipates a collective GDV potential exceeding ₹13,000 crore over time, with plans to develop and sell an area exceeding 6.4 million sq ft.
📅 Published on: 03 May 2024
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