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.
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. Average price realization at Estate 361 stands 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. 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.
The company reported consolidated revenue of ₹150 crore for the nine months ended December 2025, with profit after tax of ₹20 crore. 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.
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.
The shares of Max Estates Limited were trading at ₹398.90 up by ₹18.45 or 4.85 per cent in the afternoon trading.
Published on February 9, 2026