Max Estates Limited announced on Friday that it has achieved pre-sales exceeding ₹1,900 crore year-to-date in Gurugram, driven primarily by the launch of its Estate 361 residential project. According to reports from The Hindu BusinessLine, the company launched Phase 1 of Estate 361 in Sector 36A, Gurugram, during the third quarter with a gross development value of approximately ₹2,500 crore. The project spans 18.23 acres and features over 2,50,000 square feet of forest greens, with average price realisation at Estate 361 standing at approximately ₹22,000 per square foot, representing a significant premium to the local micro-market.
In its commercial segment, Max Estates signed a binding letter of intent for pre-leasing approximately 200,000 square feet at Max District in Sector 65, Gurugram. As reported by The Hindu BusinessLine, the deal, concluded three years before project completion, will deliver gross rentals exceeding ₹270 crore over the lease period at a 35 per cent premium to prevailing market rents. This commercial success demonstrates the company's ability to secure long-term revenue streams well in advance of project completion.
The company reported consolidated revenue of ₹150 crore for the nine months ended December 2025, with profit after tax of ₹20 crore. According to The Hindu BusinessLine, lease rental income from operational assets increased 38 per cent year-on-year to ₹115 crore. As of December 2025, Max Estates held cash and cash equivalents of ₹1,284 crore against total debt of ₹1,698 crore, providing a strong financial position for future growth initiatives.
Max Estates also expanded its project pipeline by acquiring 10.33 acres in Sector 105, Noida, with an estimated GDV potential exceeding ₹3,000 crore for the first phase. As reported by The Hindu BusinessLine, the shares of Max Estates Limited were trading at ₹398.90 up by ₹18.45 or 4.85 per cent in the afternoon trading following the announcement. The strong market response reflects investor confidence in the company's growth trajectory and project portfolio expansion.
