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 stock rose by 27% in 2 sessions after securing a major residential project worth ₹9,000 crore. A recent ₹388 crore investment from New York Life Insurance aims to support the company s expansion in the high-growth residential sector.
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.
The real estate arm of the Max group signed binding agreements for the development of a group housing residential property on 18.23 acres of land, with around 4 million square feet of development area
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