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New York Life Insurance Co. has invested Rs 388 crore for a 49% equity stake in two commercial projects in Delhi and Noida by Max Estates' SPV. This makes New York Life a 49% partner in all commercial projects by Max Estates in Delhi-NCR. The two buildings are Max Tower in Noida and Max House in Okhla, with a total leasable area of around 600,000 sq ft. Max Towers and Max House are operational commercial real estate projects in Noida and Delhi. Max Estates will hold 51% in the two SPVs after the transactions.

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

Taking a significant stride towards becoming the foremost real estate brand and fortifying its business endeavours Max Estates Limited proudly announces the appointment of Mr. Anthony Malloy and Mr. Atul B Lall to its board as Additional Directors.

New interior design/realty firm Tano Studio says reimagining a home 'shine(s) the light on the beautiful moments that a house already has.'