मैक्स एस्टेट्स की गुरुग्राम परियोजना ने लॉन्च के 30 दिनों के भीतर ₹4,100 करोड़ की प्री-सेल बुकिंग प्राप्त की।

मैक्स एस्टेट्स की गुरुग्राम परियोजना ने लॉन्च के 30 दिनों के भीतर ₹4,100 करोड़ की प्री-सेल बुकिंग प्राप्त की।

Max Estates' Gurugram project achieves pre-sales bookings worth ₹4,100 crore in just 30 days after its launch.

Max Estates' first residential project, Estate 360, in Gurugram achieved pre-sales bookings of ₹4,100 crore within 30 days of its launch, exceeding the company’s FY25 target.

  • Business
  • 99
  • 01, Oct, 2024
Jyoti Ahlawat
Jyoti Ahlawat
  • @JyotiAhlawat

Max Estates' Gurugram project achieves pre-sales bookings worth ₹4,100 crore in just 30 days after its launch.

On Monday, September 30, Max Estates announced that its first residential project in Gurugram, Estate 360, achieved pre-sales bookings totaling ₹4,100 crore within just 30 days of its launch. This figure exceeds the company’s initial guidance of ₹4,000 crore for FY25. Estate 360 was launched on August 27, 2024, following its RERA registration on August 16, 2024.

The company reported collections of ₹400 crore already. In light of the successful launch, Max Estates has updated its total gross development value guidance for the project from ₹4,000 crore to ₹4,800 crore for FY25. "As we prepare to introduce new LiveWell experiences, our main focus will be on executing multiple projects and expanding our portfolio by adding 3 million square feet annually," stated Sahil Vachani, MD and vice-chairman of Max Estates.

Rishi Raj, the company's COO, noted that the successful launch of Estate 360 has reinforced their strategy to strengthen their presence in Sector 36A by acquiring an additional 18.23 acres of land adjacent to the current development earlier this year through a joint development model. "This new project is in the design phase and will be launched in phases starting next financial year, with a development potential of 4 million square feet and a gross development value of ₹9,000 crore," he added.

Located in Sector 36A along the Dwarka Expressway in Gurugram, Estate 360 offers over 60 amenities catering to various age groups, cultures, and lifestyles. Two of the six residential buildings are dedicated to senior living and managed by Antara Senior Living, featuring a dedicated healthcare center accessible to all community residents.

At 9:15 AM, Max Estates shares were trading 1.91% higher at ₹618.85 each, reflecting a remarkable 95.42% increase this year.

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Jyoti Ahlawat

Jyoti Ahlawat

  • @JyotiAhlawat