NEW DELHI: Max Estates reported pre-sales of ₹1,100 crore in Q1 FY27, marking a growth of over five times compared to the same quarter in the previous financial year.
During the quarter, the company sold 487 units across its Noida and Gurugram projects, a significant increase from just 43 units sold in Q1 FY26.
The recently launched Phase-I of The Terraces was completely sold out, contributing approximately ₹500 crore in sales revenue, while sustained sales added another ₹600 crore to the quarter’s total.
Max Estates achieved collections of about ₹500 crore in Q1 FY27, reporting that annual collections typically represent 20-25% of sales value. This aids in funding construction without needing additional debt for residential projects.
The company has a gross development value pipeline exceeding ₹17,200 crore for FY27 and beyond, including projects like Estate 105, Max One, Estate 361, and a residential development in Sector 59, Gurugram.
Major launches are scheduled for Noida and Gurugram in Q2 and Q3 of FY27, with plans to add two million sq ft to the residential segment annually.
Additionally, the company reports that its commercial portfolio is fully leased, generating over ₹150 crore in annual rental income.
Max Estates anticipates its overall commercial portfolio, which includes delivered, under-construction, and acquisition-stage assets, to have a potential annuity rental income exceeding ₹700 crore over the next five years. The aim is to add one million sq ft in the commercial sector every year.
