Max Estates Reports ₹3,200 Cr Pre-Sales in H1FY27

Max Estates Limited announced robust pre-sales of approximately ₹3,200 crore for the first half of FY2027. The company achieved pre-sales of ~₹2,100 crore in Q2FY2027, marking a significant 1,246% year-on-year increase from ₹156 crore in Q2FY2026. This performance was driven by strong sustenance sales in Estate 361, totaling ₹1,747 crore in H1FY2027, with ₹962 crore from Q2FY2027. The company sold 274 units in Q2FY2027 across Noida and Gurugram, an eleven-fold increase from 24 units in Q2FY2026. Collections for Q2FY2027 reached ~₹560 crore, with annual collections typically covering 20-25% of sales value, enabling debt-free construction. Max Estates plans major launches in H2FY2027 and aims to add 2 million sq. ft. annually in residential and 1 million sq. ft. in commercial segments. The commercial portfolio is 100% leased, with potential for ₹700+ crore annuity rental income in five years.