MoneyWorks4Me

Max Estates’ arm achieves Rs 845 crore pre-sales booking of Phase II of Estate 128 project

27 Dec 2024 Evaluate

Max Estates’ wholly owned subsidiary -- Max Estates 128 has achieved pre-sales booking value of Rs 845 crore within a week of the launch of Phase II of Estate 128 project in Noida, and has surpassed the company’s original guidance of Rs 800 crore as the booking value potential for this phase. Combining phase I and phase II, the Estate 128 community will now comprise 4 towers with 268 units, spanning 10 acres and a total booking value of around Rs 2,700 crore.

With the successful launch of Estate 128-II and Estate 360, Max Estates’ recently launched residential project in Gurugram, the company has already achieved a booking value of around Rs 5,000 crore in the first nine months of FY25. This performance is well within the company’s full-year guidance of Rs 4,800 crore - Rs 5,200 crore.

Max Estates is the real estate arm of the Max Group.


Peers
Company Name CMP
Lodha Developers 1143.40
Prestige EstatesProj 1472.65
Dilip Buildcon 423.25
DLF 671.35
Oberoi Realty 1844.00
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