Max Estates Q1 FY27 Pre-Sales Hit ₹1,100 Crore, Up 5x YoY
Max Estates Limited announced a robust pre-sales performance for Q1 FY2027, achieving ₹1,100 crore, a five-fold increase compared to Q1 FY2026. This growth was driven by the successful sale of Phase 1 of 'The Terraces' (₹500 crore) and strong sustenance sales (₹600 crore). The company sold 487 units in Q1 FY2027, a more than tenfold increase from 43 units in the prior year. Collections for the quarter stood at ₹500 crore. Max Estates maintains a strong future outlook with a total Gross Development Value (GDV) pipeline of over ₹17,200 crore, targeting significant additions to its residential and commercial portfolios annually. The commercial portfolio remains fully leased, projecting an annuity rental income potential of ₹700+ crore in five years.
Key Highlights
- Q1 FY2027 pre-sales reached ₹1,100 crore, a 5x year-on-year increase.
- Newly launched 'The Terraces' Phase 1 fully sold for ₹500 crore.
- Total GDV pipeline stands at over ₹17,200 crore for future growth.
- Commercial portfolio is 100% leased with ₹150+ crore annual rental income.
- Company aims to add 2 million sq. ft. residential and 1 million sq. ft. commercial space annually.
Price Impact
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