Max Estates Secures 7.25 Acre Land in Gurugram for Luxury Housing

Max Estates (Max Estates), a leading NCR real estate developer, has acquired development rights for a 7.25 acre land parcel in Sector 59, Gurugram, along the prime Golf Course Extension Road. The project has a development potential of approximately 1.3 million sq ft with an expected outlay of Rs 5.34 billion, offering a Gross Development Value (GDV) of more than Rs 30 billion. 

The transaction involves the purchase of 100 per cent shareholding in Base Buildwell (BBPL), the SPV holding license and development rights for the parcel, subject to regulatory approvals. With this acquisition, Max Estates’ GDV pipeline expands from about Rs 140 billion to over Rs 170 billion, covering multiple projects in Gurugram and Noida slated for launch from Q3 FY26. 

The deal strengthens Max Estates’ presence in Gurugram, complementing its Estate 360 project on Dwarka Expressway, which has achieved pre-sales of Rs48 billion, and its upcoming 18.23 acre development nearby with a GDV potential of about Rs 90 billion. 

“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 Mr. Sahil Vachani, Vice Chairman and Managing Director, Max Estates.