Max Estates Secures Prime 7.25-Acre Land in Gurugram for ₹3,000 Crore Premium Housing Project
Max Estates Limited has acquired a 7.25-acre land parcel in Sector 59, Gurugram, to develop a premium residential project with an estimated booking value of over ₹3,000 crore.
Max EstatesGurugramReal EstateLuxury HousingDevelopment ProjectReal EstateSep 06, 2025
As part of the deal, Max Estates’ board has approved the acquisition of 100% shareholding in Base Buildwell Private Limited (BBPL), a special purpose vehicle (SPV) that holds the licence and development rights for the land. The acquisition is subject to regulatory approvals and closing conditions.
The project has a development potential of approximately 1.3 million square feet with an expected outlay of ₹534 crore and is expected to generate a booking value of more than ₹3,000 crore, the company said.
With this deal, Max Estates’ Gross Development Value (GDV) pipeline expands from ₹14,000 crore to over ₹17,000 crore, comprising multiple projects across Gurugram and Noida scheduled for launch from Q3 FY26 onwards.
This deal marks Max Estates' continued expansion in Gurugram's luxury residential market, complementing its Estate 360 project located on Dwarka Expressway (Sector 36 A), which has achieved pre-sales of ₹4,800 crore, and the upcoming launch of an 18.23 acre development contiguous to Estate 360, with a potential of approximately 4 million square feet of saleable area and GDV of ₹9,000 crore, the company said.
“This marquee deal is a significant milestone in Max Estates’ journey of building NCR’s most trusted luxury real estate brand. It furthers our unwavering commitment to curate ‘LiveWell’ and ‘WorkWell’ experiences across key development vectors in Delhi NCR, including Noida Expressway, Dwarka Expressway and Golf Course Extension Road (GCER). GCER is today among the most vibrant residential hubs, and this project will strengthen our growing footprint in Gurugram,” said Sahil Vachani, Vice Chairman and Managing Director, Max Estates.
Upon completion of this transaction, BBPL will become a wholly-owned subsidiary of the company.
Max Estates is one of the leading real estate companies in the country, with a presence in Delhi-NCR. The company is developing housing and office complexes, and this acquisition further cements its position in the luxury real estate market.
Frequently Asked Questions
What is the size of the land acquired by Max Estates in Gurugram?
Max Estates has acquired a 7.25-acre land parcel in Sector 59, Gurugram.
What is the estimated booking value of the project?
The estimated booking value of the project is over ₹3,000 crore.
What is the development potential of the project?
The project has a development potential of approximately 1.3 million square feet.
What is the expected outlay for the project?
The expected outlay for the project is ₹534 crore.
What other projects does Max Estates have in the pipeline?
Max Estates has multiple projects in the pipeline, including the Estate 360 project in Dwarka Expressway and an upcoming 18.23-acre development with a potential of approximately 4 million square feet of saleable area and GDV of ₹9,000 crore.
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