Max Estates may start construction of luxury homes in Noida in September

Rutuja Kedare Jul 11, 2023 0

Max Estates, the real estate arm of Max Ventures and Industries Ltd., stated in a regulatory filing that it plans to commence construction of its first luxury housing project in Noida by the third quarter of 2023. The company aims to complete the project within a timeframe of 48-60 months. Three towers, encompassing a total of 201 homes, will be built simultaneously, with construction beginning in September.

According to the filing, the project has achieved pre-formal launch sales surpassing INR 1,800 crore. It is registered with the Uttar Pradesh Real Estate Regulatory Authority and currently consists of a single phase comprising three residential towers. 

There is a possibility of expanding the project with a second phase for future group housing development, contingent upon the availability of floor area ratio on a purchasable basis, subject to approval from the relevant competent authority or government. The project is situated on a 10-acre plot in Sector 128 of Noida.


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Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.

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