Max Estates Acquires 10.33 Acre Land in Noida for INR 711 Crore with INR 3,000+ CR GDV Potential

Max Estates Limited, a leading real estate developer in the NCR, has secured a 10.33 acre mixed-use land parcel in Sector 105 on Noida-Greater Noida Expressway for INR 711 Crore. The land, acquired through allotment from NOIDA, has a potential to develop 2.6 mn square feet with 40 percent Residential (Group Housing) and 60 percent Commercial. The project has a Gross Development Value (GDV) Potential of INR 3,000+ Crore and an Annuity Rental Income potential of INR 140+ Crore. The acquisition is structured with a deferred payment plan.