Pre-sale refers to the sale of properties before they are constructed, a common practice in the real estate sector. The company is on track to launch the National Capital Regions first intergenerational residential community in the July-September quarter of 2024, with a revenue potential of Rs 4,000 crore.
Max Estates, part of the Max Group, seals a joint development deal for 18.23 acres in Gurgaon, adjacent to existing land, with a potential revenue of Rs 9,000 crore. With an eye on the Delhi NCR market, it s poised to launch a pioneering Intergenerational residential community, aiming for a revenue of Rs 4,000 crore.
Luxury and super-luxury residences located at DLF Golf Links, DLF 5 in Gurugram such as The Camellias, The Magnolia and The Aralias have witnessed a price appreciation of around 125 percent between 2021 and 2024.
This land parcel is contiguous to its existing 11.80 acres of land on Dwarka Expressway in sector 36 A, Gurugram on which Max Estates had done a joint development agreement (JDA) last year.