Max Estates Expands in Gurugram: Acquires 7.25-Acre Land for Luxurious Developments
Max Estates, a prominent real estate developer in NCR, has acquired a 7.25-acre land parcel in Gurugram's Sector-59, marking a significant expansion in the luxury housing market.
Max EstatesLuxury HousingReal EstateGurugramNcrReal EstateSep 08, 2025
The deal, structured through the purchase of 100 percent shareholding in Base Buildwell (BBPL), includes license and development rights, subject to regulatory approvals. The project has a development potential of 1.3 million sq. ft., with an estimated outlay of Rs 534 crore, and is expected to generate a gross development value (GDV) of over Rs 3,000 crore.
This acquisition elevates Max Estates’ overall GDV pipeline from Rs 14,000 crore to over Rs 17,000 crore, spanning luxury housing projects across Gurugram and Noida. It also complements its Estate 360 project on Dwarka Expressway, and the upcoming launch of an 18.23-acre contiguous project with around four million sq. ft. development potential and GDV of Rs 9,000 crore. With a portfolio of nearly 10 million sq. ft., Max Estates further consolidates its position in NCR’s luxury residential market.
Max Estates has a strong track record of delivering high-quality, luxury residential projects in the National Capital Region (NCR). The company’s focus on premium locations and meticulous project planning has earned it a reputation for excellence and reliability. The new acquisition in Sector-59 is a strategic move to capitalize on the growing demand for luxury housing in Gurugram, a city known for its robust infrastructure and thriving business environment.
The 7.25-acre land in Sector-59 is strategically located on the Golf Course Extension Road, offering easy access to key business districts and lifestyle amenities. The development is expected to feature modern amenities and sustainable design practices, aligning with Max Estates’ commitment to creating living spaces that enhance the quality of life for its residents.
With this expansion, Max Estates aims to cater to the increasing demand for high-end residential properties in Gurugram. The company’s robust project pipeline and strong financial position provide a solid foundation for this ambitious endeavor. The acquisition is expected to further bolster Max Estates’ market presence and contribute to its long-term growth and profitability.
Max Estates’ leadership in the luxury real estate market is underpinned by its focus on innovation, quality, and customer satisfaction. The company’s strategic investments and well-planned projects continue to set new benchmarks in the industry, making it a preferred choice for discerning homebuyers and investors in the NCR region.
Frequently Asked Questions
What is the size of the land parcel acquired by Max Estates in Sector-59, Gurugram?
Max Estates has acquired a 7.25-acre land parcel in Sector-59, Gurugram.
What is the estimated gross development value (GDV) of the new project in Sector-59?
The new project in Sector-59 is expected to generate a gross development value (GDV) of over Rs 3,000 crore.
How does this acquisition impact Max Estates' overall GDV pipeline?
This acquisition elevates Max Estates’ overall GDV pipeline from Rs 14,000 crore to over Rs 17,000 crore.
What is the development potential of the land in Sector-59?
The land in Sector-59 has a development potential of 1.3 million sq. ft.
What other significant projects does Max Estates have in NCR?
Max Estates has several significant projects in NCR, including the Estate 360 project on Dwarka Expressway and an upcoming 18.23-acre project with a development potential of around four million sq. ft. and a GDV of Rs 9,000 crore.
Related News Articles
Boosting India's Housing Market: Developers Seek Tax Incentives and Industry Status in Budget 2024
The Indian housing sector is looking forward to the Union Budget 2024, expecting tax reliefs and other sentiment boosters to stimulate growth in the market.
Kalpataru Ltd Set to Enter Nagpur Real Estate Market with Plotted Development Project
Mumbai-based Kalpataru Ltd plans to launch a plotted development project in Nagpur, marking its entry into the city's real estate market. The project will be spread across 37 acres and will have 400 plots of sizes 1,200 to 4,000 sq ft range.
Hong Kong Halts Commercial Land Sales for Seventh Consecutive Quarter
Hong Kong's government has announced that it will not sell any commercial land in the quarter from October to December, citing low demand and high office vacancy rates.
Homebuyers Forum Claims RERA Act Falls Short of Objectives, Urges Consumer Affairs Ministry for Action
A forum representing homebuyers in Maharashtra claims that the Real Estate (Regulation and Development) Act, 2016, has failed to meet its objectives. The forum is now urging the Union Consumer Affairs Ministry to issue specific guidelines to protect consu
Ahmedabad Shines with Top Rental Yields in India
Ahmedabad leads the pack with the highest rental yields in India, clocking in at 3.9%, according to a recent report by Magicbricks. Other cities like Hyderabad, Kolkata, and Pune are also seeing significant increases in rental returns.
Incuspaze Expands with Major Leasing Deal in Gurugram's Thriving Real Estate Market
Incuspaze, a prominent player in the commercial real estate sector, has announced a significant leasing deal in Gurugram, marking a major expansion in one of India’s most booming real estate markets. This move underscores the growing demand for quality of