Max Estate plans to build 4 million square feet in Gurugram and hopes to make ₹ 9,000 crores.
A joint development agreement has been signed by Max Estates, the real estate division of the Max Group, for the development of 18.23 acres of land in Gurgaon. The project has the potential to generate revenue of Rs 9,000 crore. This land tract is adjacent to the 11.80 acres of existing land on the Dwarka Expressway in Gurugram’s sector 36 A, on which Max Estates executed a Joint Development Agreement (JDA) the previous year. The land has the potential to accommodate nearly 4 million square feet of development. With a revaluated revenue potential of Rs 4,000 Crore, the firm is on pace to open the first intergenerational residential community in the Delhi NCR in Q3 of CY 2024. This aids Max Estates in solidifying its 30 acer holding in sector 36A of the Dwarka Expressway, which has become a sought after luxury residential area in …
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