Max Estates Secures RERA Approval for Max One Project in Noida After 9-Year Delay
Realty firm Max Estates Ltd has announced that it has secured RERA approval for its Max One development in Sector 16B, Noida, marking the end of a nine-year wait for homebuyers. This significant milestone signals the commencement of construction on the long-stalled project.
The 10-acre Max One project is envisioned as an integrated mixed-use campus, combining residences, workspaces, retail, cultural, and entertainment spaces. The development will include ultra-luxury serviced residences, premium offices, curated retail, and an exclusive club. The project draws inspiration from renowned global districts such as Hudson Yards in New York, One Blackfriars in London, and Marina One in Singapore.
Max One offers a potential space of 2.5 million square feet, with an estimated total sales value of ₹2,000 crore and an annuity rental income potential of ₹120 crore. Max Estates acquired Boulevard Projects Private Ltd (BPPL) last year to revive the stalled Delhi One development, further solidifying its commitment to this ambitious project.
Sahil Vachani, Vice Chairman and Managing Director of Max Estates, expressed his enthusiasm for the project: 'With Max One, we look forward to shaping our first truly integrated campus, bringing alive Max Estates’ LiveWell and WorkWell philosophy to create a holistic downtown experience. This 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.'
Max Estates has been making significant strides in recent years, with strong sales and a robust pipeline. The company recently achieved ₹1,900 crore in pre-sales for its Gurugram project, which has significantly lifted its growth visibility. Looking ahead, Max Estates aims to achieve ₹6,500 crore in pre-sales by FY26, driven by a strong NCR launch pipeline.
The approval of the Max One project is a testament to Max Estates' commitment to delivering high-quality, integrated developments that cater to the evolving needs of modern urban living. With this approval, the company is poised to set new standards in the real estate sector and create a vibrant, well-connected community in Noida.
