Stay updated with breaking news from Max Square. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Pre-sale refers to the sale of properties before they are constructed, a common practice in the real estate sector. The company is on track to launch the National Capital Regions first intergenerational residential community in the July-September quarter of 2024, with a revenue potential of Rs 4,000 crore.
Max Estates' stock rose by 27% in 2 sessions after securing a major residential project worth ₹9,000 crore. A recent ₹388 crore investment from New York Life Insurance aims to support the company's expansion in the high-growth residential sector.
Keep your iPhone 14 Pro protected with a classic blue Evo Check – an innovative MagSafe-friendly phone case made with Tech21's exclusive FlexShock™ material. It's designed to protect every element of the phone.
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).