Max Estates gets building plan approval for Rs 1,300-cr Noida residential project

Max Estates, a prominent real estate developer
Max Estates, a prominent real estate developer, has successfully obtained building plan approval for its upcoming residential project in Sector 128, Noida. The project holds significant potential with a gross development value estimated at Rs 1,300 crore. Despite prevailing global macroeconomic challenges and increasing interest rates, the demand for residential properties across India has remained robust. This sustained demand can be attributed to shifting consumer preferences towards homeownership, notable improvements in affordability for citizens, and the resilience of the domestic economy. These factors serve as the driving forces behind the escalating demand for residential units.

Furthermore, the real estate industry is witnessing significant consolidation, resulting in organized players gaining incremental market share. In fact, the combined development value of Max Estates' two planned residential projects exceeds Rs 4,500 crore. While the recovery of the global office segment remains gradual, impacting decision-making for large global occupiers in the short term, the Indian economy continues to demonstrate remarkable resilience. This resilience is leading to notable shifts in demand, including a transition from international to domestic occupiers and a sectoral shift from technology-focused spaces to manufacturing-oriented ones.

In addition to the Sector 128 Noida project, Max Estates has also signed a Joint Development Agreement (JDA) for Sector 36A in Gurugram. This venture presents a vast development potential of 2.4 million square feet and carries a gross development value of approximately Rs 3,200 crore.
Emiza unveils Mumbai Warehouse with Rs 15 crore investment

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Emiza has announced the opening of its state-of-the-art warehouse facility in Mumbai, with a substantial investment of 15 crores. “This state-of-the-art warehouse signifies Emiza's steadfast commitment to advancing logistical capabilities

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Western Railway Invites Bids for ₹261.79 cr Bridge Project in MP

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K2 Infragen Secures ₹90.2 Cr Contract for Rail Over Bridge in UP

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Grade A Office Space Demand in India to Surpass 70 MSF in 2024: CREDAI

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According to a report issued by CREDAI in collaboration with CRE Matrix, Grade A office space leasing demand in India will cross 70 Million Square Feet (MSF) this year. The report highlighted how India has already experienced a notable

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NHAI Conducts Workshop on Insurance Surety Bonds

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Shri Atul Kumar Tiwari Inaugurated India’s Biggest Skill Competition

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MatchLog partners with DahNAY to enable green logistics

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BRO Breaks Through Sungal Tunnel on Jammu-Poonch Highway

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AJAX Engineering Becomes First in India to Export Slip-form Pavers

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Indian Railways Awards Rs 818 Cr Wagon Contract to SAIL-RITES

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IKEA partners with Rhenus ahead of its online expansion in Delhi NCR

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Jindal Stainless supplies high-strength stainless steel to Vande Metro

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24X7 Geotechnical Monitoring Instruments Used for Bullet Train Project

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Union Minister Visits Chabahar, Iran for Port Terminal Development

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DLF Plans to Launch 11 Million Sq. Ft. of New Projects in FY25

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