Max Estates clocks over INR 1,900 crore YTD pre-sales in Gurugram on premium residential launch

An update from Max Estates Limited ( (IN:MAXESTATES) ) is now available.

Max Estates Limited reported strong traction across its residential portfolio, anchored by the launch of Estate 361, a forest-led community in Sector 36A, Gurugram with a gross development value of about INR 2,500 crore and average realizations of roughly INR 22,000 per sq. ft., significantly above prevailing local rates. The project, featuring extensive curated green spaces and senior living with integrated wellness services, has helped drive year-to-date pre-sales in Gurugram to over INR 1,900 crore, reinforcing demand for its wellness-focused LiveWell offerings.

Across ongoing projects, the company has fully sold Estate 128 in Noida with pre-sales of INR 2,734 crore and collections of INR 1,094 crore, while Estate 360 in Gurugram has reached INR 4,831 crore in pre-sales with INR 1,110 crore collected, with construction progressing as per schedule. In commercial, Max Estates has secured a binding pre-lease for about 200,000 sq. ft. at Max District, Gurugram, expected to generate more than INR 270 crore in gross rentals at a 35% plus premium to market rents and locked in three years before project completion, underscoring strong leasing momentum and strengthening its position in the premium office segment.

More about Max Estates Limited

Max Estates Limited is the real estate arm of the Max Group, focused on developing premium residential and commercial projects in key North Indian markets such as Gurugram and Noida. Its portfolio emphasizes differentiated, wellness-centric residential communities and Grade A commercial spaces, often positioned at a price and rental premium to their respective micro-markets.

Average Trading Volume: 16,171

Technical Sentiment Signal: Hold

Current Market Cap: 61.26B INR

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