Home / Business and Economy / Max Estates Plans Massive Rs 3,000 Cr Housing Project
Max Estates Plans Massive Rs 3,000 Cr Housing Project
24 Sep
Summary
- Max Estates partners for a new housing complex in Ghaziabad.
- The project will span 9.76 acres with 1.5 million sq. ft. potential.
- Estimated revenue for the venture is between Rs 2,500 and Rs 3,000 crore.
Max Estates Ltd is embarking on an expansion with a new housing project in Ghaziabad. The company has agreed to a Joint Development Agreement for a 9.76-acre land parcel located in Indirapuram.
This significant undertaking boasts a development potential of 1.5 million sq. ft. in super built-up area. Projections indicate that the project could yield revenues in the range of Rs 2,500 to Rs 3,000 crore.
The realization of this ambitious venture is subject to the satisfactory completion of due diligence processes. Additionally, the project requires the receipt of all requisite approvals before proceeding.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
