Max Estates has launched The Terraces, its newest residential offering within Estate 361 in Sector 36A, Dwarka Expressway, Gurugram. According to reports from Business Standard, the project is designed for people who want more from home than just private square footage. The Terraces brings together smart residences, shared terraces, wellness, nature and managed living within one integrated community, guided by Max Estates' "LiveWell" philosophy that emphasizes integrated living, shared community terraces and wellness amenities. The project has also secured IGBC Platinum Pre-certification, integrating sustainable practices like rainwater harvesting and solar energy utilization.
The Terraces offers 1.5 & 2-bedroom smart homes and duplex loft residences with comprehensive amenities designed for modern living. As reported by Business Standard, Phase 1 of The Terraces comprises 120 residences starting at ₹2.4 crore. The project's most distinctive feature is 8 shared community terraces within the tower, designed as everyday leisure and community spaces for yoga, rock climbing, farm-to-table engagement and social interaction. Active living is further supported through a rooftop amenity hub featuring pickleball and paddle courts, cricket pitch, and dedicated clubhouse spanning 80,000 sq ft of well-being amenities set amidst a 2-acre urban forest with 1,000+ native trees. Residents will have access to a dedicated concierge and front-of-house team, end-to-end maintenance support, structured lease assistance, and managed services designed to take care of day-to-day operational needs.
The launch comes after Max Estates reported ₹5,305 crore in pre-sales for FY26, with the fourth quarter contributing ₹3,392 crore alone. As per recent reports, the company has maintained pre-sales above ₹5,000 crore for two consecutive years, indicating high brand trust and execution capability. Max Estates' net debt remains low at ₹174 crore, supported by strong collections and a recent ₹800 crore QIP fundraise in August 2024. The company also secured RERA approval for its 'Max One' project in Noida in March 2026 after a significant delay, demonstrating its ability to navigate regulatory hurdles.
The Terraces is strategically located in Sector 36A, benefiting from strong connectivity to Dwarka Expressway, Central Peripheral Road and a proposed Metro corridor, with seamless access to IGI Airport, Cyber City, Golf Course Road and Global City. According to market analysis, by pricing units starting at ₹2.4 crore, Max is targeting the upper-middle class and HNI segment that currently dominates Dwarka Expressway's absorption trends. The project contributes significantly to Max Estates' target ₹16,000 crore GDV pipeline for FY27, enhancing revenue visibility with a defined path toward this ambitious target. The launch is expected to drive higher capital allocation toward NCR-focused real estate developers and signals that despite higher interest rates, the luxury segment remains resilient.
Max Estates is consolidating its position as a dominant luxury developer in the NCR, leveraging its 'LiveWell' philosophy alongside competitors like DLF and Godrej Properties. The company is aggressively bidding for prime land parcels to secure future pipelines, as evidenced by Max's recent Sector 59 and Noida acquisitions. Key execution risks include managing construction timelines, quality control, and navigating buyer sentiment in Gurugram's competitive real estate market. The premium segment remains sensitive to broader economic conditions, with investors closely monitoring sales velocity and booking trends for The Terraces, while progress updates on the overall Estate 361 development will be key indicators of the project's execution success.
