Max Estates Acquires 5.5-Acre Noida Land Parcel for ₹272 Cr

Max Estates Limited has secured a 5.5-acre mixed-use land parcel in Sector 132, Noida, through an e-auction for a bid value of approximately INR 272 crore. The payment structure is capital-efficient, with 40% due within 60 days and the balance staggered over four years. This acquisition is expected to unlock an estimated Gross Development Value (GDV) of INR 1,500-2,000 crore and generate lease income from the commercial and retail components. The land parcel will be developed into an integrated mixed-use project comprising residential, commercial, retail, and amenities, subject to approvals. Strategically located near Max Estates' existing assets in Noida, this acquisition reinforces the company's 'Trunk-and-Branch' land strategy, contributing to its overall residential/mixed-use pipeline GDV of approximately INR 31,958 crore.