Tag: Max Estates

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Max Estates posts ₹5,305 crore pre-sales for FY26

NEW DELHI: Max Estates has announced pre-sales amounting to ₹5,305 crore for FY2026, primarily fueled by robust sales in the March quarter, which contributed ₹3,392 crore to the total. In comparison, the company’s pre-sales for FY2025 stood at ₹5,321 crore. Estate 105 in Noida garnered approximately ₹1,783 crore shortly after its launch in March, while Estate 361 in Gurugram added ₹1,704 crore. Additionally, Max One in Noida contributed ₹1,415 crore, which includes bookings recognized post-regulatory approvals. Sahil Vachani, the vice chairman & managing director, commented, “As we look ahead to FY27, we foresee considerable growth, backed by a total GDV…

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Max Estates Reports Notable Profit Decline in Q3 FY26

NEW DELHI: Max Estates has announced a net consolidated profit after tax of ₹2.53 lakh for the quarter ending December 31, 2025, according to a BSE filing. In the same quarter last year, the profit after tax was ₹15.81 crore. The company’s net consolidated total income for Q3 FY26 was ₹71.44 crore, marking a decrease of 0.63% from ₹71.89 crore recorded in the same period the previous year. The board of directors has approved the appointment of Arihant Kothari as Chief Investment Officer – Capital Strategy, effective February 6, 2026. They also approved the issuance of 14,442 equity shares with…

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Max Estates Gets Development Rights for 7.25 Acres in Gurugram

Representative image NEW DELHI: Max Estates has acquired the development rights to a 7.25-acre land parcel in Sector 59, Gurugram. This agreement involves purchasing 100% of Base Buildwell (BBPL), a project SPV that holds the license and development rights for the land. The project has the potential for 1.3 million sq ft of development, with an estimated investment of ₹534 crore, and is projected to yield a booking value exceeding ₹3,000 crore. The investment includes the complete acquisition of BBPL’s share capital, comprising 10,000 equity shares of ₹10 each and 24,17,256 compulsorily convertible debentures of ₹100 each, along with project-level…

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BGO and Aditya Birla Sun Life AMC Provide ₹350 Crore to Namo Realtech

Representative image created by AI NEW DELHI: BGO and Aditya Birla Sun Life AMC have invested ₹350 crore in debt funding for Namo Realtech to support its growth in the real estate sector. Mohit Jain, Managing Director of Namo Realtech, stated, “This investment will enable us to fast-track our upcoming projects that are already in advanced stages of discussions with potential partners.” With this deal, Namo Realtech has secured commitments totaling $100 million for ten projects, managing around 7.8 million sq ft of real estate. Additionally, in collaboration with Max Estates, the company plans to launch a residential project in…