Max Estates Secures RERA Approval for Max One Project in Noida
Max Estates Limited has secured RERA approval for Max One, a development planned around Max Towers in Noida’s Sector 16B. This approval marks the end of a nine-year wait for homebuyers of the stalled Delhi One project, with construction expected to commence shortly, bringing much-needed relief to affected buyers, the company said in a statement.
The proposed development spans around 10 acres and has a development potential of about 2.5 million sq ft. According to the company, the project draws inspiration from leading global urban districts such as Hudson Yards, One Blackfriars, and Marina One. This ambitious project is planned as an integrated mixed-use destination, featuring by-invite-only ultra-luxury serviced residences, premium office spaces, curated retail, and an exclusive members-only club.
The project is expected to generate a total sales potential of around ₹2,000 crore, along with an annuity rental income potential of about ₹120 crore, the statement said. The development is set to be a significant addition to the Noida real estate landscape, offering a holistic downtown experience.
With Max One, Max Estates aims to shape its first truly integrated campus, bringing alive the company’s LiveWell and WorkWell philosophy. This project also marks a new chapter for homeowners who have waited for nearly a decade. “We look forward to welcoming them to the Max Estates family, as well as the wider community, to experience a first-of-its-kind downtown destination that promises a life well connected with everything they need,” said Sahil Vachani, Vice Chairman and Managing Director, Max Estates.
Max Estates acquired Boulevard Projects Private Limited (BPPL) last year to revive the stalled development previously known as Delhi One. This acquisition was a strategic move to ensure the project’s successful completion and to restore the trust of long-waiting homebuyers. The company’s commitment to delivering high-quality, integrated developments is evident in the meticulous planning and design of Max One, which is poised to set new standards in the Noida real estate market.
The project’s location in Sector 16B, a prime area of Noida, further enhances its appeal. The area is well-connected and offers a range of amenities, making it an attractive choice for both residential and commercial purposes. Max Estates’ focus on creating a comprehensive and sustainable urban environment is aligned with the growing demand for integrated living and working spaces in modern cities.
As construction begins, the company is confident that Max One will not only meet but exceed the expectations of its stakeholders. The project’s innovative design and comprehensive amenities are expected to attract a diverse range of buyers, from luxury home seekers to businesses looking for premium office spaces.
In conclusion, the RERA approval for Max One is a significant milestone for Max Estates and a welcome development for the Noida real estate market. It signals a new era of integrated and sustainable development, promising a high-quality living and working environment for its future residents and users.
