Real estate firm Max Estates Ltd announced on Friday that it has sold luxury residential properties worth ₹845 crore in Noida, driven by strong market demand.
In a regulatory filing, the company stated that its subsidiary, Max Estates 128 Pvt Ltd, had successfully launched the second phase of its residential project, ‘Estate 128’, in Noida.
“Following the success of the first phase, the second phase has achieved a pre-sales booking value of ₹845 crore within just one week of its launch, surpassing the company’s original guidance of ₹800 crore for this phase,” Max Estates noted.
While the company did not disclose the number of units sold or the price per apartment, the combined project now features four towers with 268 units spread over 10 acres. The total booking value for the development is approximately ₹2,700 crore.
Robust sales performance
Max Estates revealed that it has already secured booking values of ₹5,000 crore in the first nine months of FY 2024-25, comfortably within its full-year guidance of ₹4,800-₹5,200 crore.
Company overview
Max Estates Ltd, founded in 2016, is the real estate arm of the Max Group. The company has established a diverse portfolio across Delhi-NCR, covering both commercial and residential segments.
In the commercial sector, Max Estates has developed:
- Max Towers in Noida
- Max House in Delhi
- Max Square on the Noida Expressway
Additionally, two commercial office projects are under construction:
- Max Square Two, adjacent to Max Square
- A project on Golf Course Extension Road, Gurugram
In the residential segment, Max Estates has launched:
- Estate 128, its first luxury residential project in Noida, with both phases witnessing significant sales success
- Estate 360, its second residential project in Gurugram
The firm also developed 222 Rajpur, a luxury villa community on Rajpur Road, Dehradun, further solidifying its reputation in high-end real estate.
Max Estates’ strong sales momentum highlights its robust market positioning and the growing demand for premium residential projects in key locations.
