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This land parcel is contiguous to its existing 11.80 acres of land on Dwarka Expressway in sector 36 A, Gurugram on which Max Estates had done a joint development agreement (JDA) last year.
Max Estates Share Price | NYL will acquire 49 percent stakes in two SPVs, while rest will be hold by the company, after the transactions are concluded.
Upon the transaction’s close, New York Life will acquire 49% stakes in two SPVs of Max Estates that hold Max Towers and Max House (Phase I & II).
This investment will enable Max Estates to deliver on its aspired growth trajectory of acquiring at least 2 mn sq ft of development opportunity every year
A clutch of private equity firms and pension funds are looking to pick up a minority stake in a subsidiary of Max India Ltd, part ......