Max Estates Ltd Share Price – NSE  / BSE

Realty, Small Cap

This marks a significant turnaround for the long-stalled site, bringing relief to homebuyers and unlocking fresh momentum for NCR?s most strategically located integrated campus,? the company said.

The development of the Delhi One project will consolidate Max Estates? position as a leading premium real estate developer in Noida and NCR. The development will host ultra-luxury residences, premium office spaces, curated high street retail and exclusive club facilities.

Situated at the edge of South Delhi and directly connected via the Delhi-Noida-Direct (DND) Flyway, the development is just steps from key metro stations, benefitting from unparalleled connectivity across Delhi NCR. The project spans approximately 2.5 million square feet of development part of around 10 acre land parcel constituting approximately 34,696 square meters of area.

Sahil Vachani, vice chairman and managing director, Max Estates, said: ?We are delighted to announce that Max Estates has taken over Delhi One. We believe that we will provide a world class real estate experience to the residents and office goers of the NCR.?

Max Estates is the real estate arm of the Max Group. The company develops premium commercial and residential spaces in Delhi NCR. The company has developed a very well diversified portfolio of real estate across the two asset classes in Delhi NCR and in this pursuit has partnered with New York Life Insurance Company (NYL) particularly for commercial office platform.

The company had reported a consolidated net profit of Rs 19.75 crore in the quarter ended December 2024 as against net loss of Rs 3.14 crore during the previous quarter ended December 2023. Sales rose 65.66% to Rs 40.04 crore in Q3 FY25 as compared with Q3 FY24.

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Max Estates had received the final approval from the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) and now with the successful closure, Max Estates has taken over the Delhi One Project. This marks a significant turnaround for the long-stalled site, bringing relief to homebuyers and unlocking fresh momentum for NCR's most strategically located integrated campus.

The development of the Delhi One project will consolidate Max Estates' position as a leading premium real estate developer in Noida and NCR. Max Estates will bring its experience and expertise in premium commercial real estate and high end residential real estate to create a state-of-the-art integrated development that will seamlessly host ultra-luxury residences, premium office spaces, curated high street retail and exclusive club facilities.

Situated at the edge of South Delhi and directly connected via the Delhi-Noida-Direct (DND) Flyway, the development is just steps from key metro stations, benefitting from unparalleled connectivity across Delhi NCR. The project spans approximately 2.5 mn sq. ft. of development part of around 10 acre land parcel constituting ~34,696 sq. mt. of area. The total sales and annuity rental income potential of the project is estimated at Rs 2,000+ crore and Rs 120+ crore respectively.

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Max Estates has allotted 5,684 equity shares under ESOP on 13 March 2025. Consequent to the aforesaid allotment, the paid-up equity share capital of the Company stands increased to Rs 161,00,00,840/- comprising of 16,10,00,084 equity shares of Rs 10/- each.

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Net profit of Max Estates reported to Rs 19.75 crore in the quarter ended December 2024 as against net loss of Rs 3.14 crore during the previous quarter ended December 2023. Sales rose 65.66% to Rs 40.04 crore in the quarter ended December 2024 as against Rs 24.17 crore during the previous quarter ended December 2023.

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