Based in Sector 128, Noida, Estate 128 is built across 10 acres, with 3 high rise towers having 201 units. ‘The Hub at Estate 128', admeasuring approximately 46,000 sq. ft. encompasses state of the art indoor and outdoor amenities including swimming pool, spa, sports facilities, multipurpose hall, dining, among others.
Sahil Vachani, MD & CEO of MaxVIL, said, “We are truly humbled by the trust consumers have placed in Max Estates.
Our stated aspiration is to scale the portfolio by at least 1 million square feet each in residential and commercial asset classes every year across Delhi-NCR and become the most preferred developer in the region. With approval of amalgamation of MaxVil and Max Estates Limited (MEL), MEL will get listed as pure play real estate company resonating well with our aspiration.'
Max Estates Limited is the real estate arm of the Max Group and a wholly owned subsidiary of Max Ventures. It aims to create, build and operate Grade A+ office spaces in Delhi-NCR. The company has also forayed into the residential segment with its first project planned to be developed in Noida.
Max Ventures and Industries (MaxVIL), a part of the leading Indian multi-business conglomerate Max Group, owns and operates a real estate business through its 100% subsidiary, Max Estates. MaxVIL also has a real estate services & management company – Max Asset Services.
The company's consolidated net profit declined 98.81% to Rs 3.80 crore on a 19.29% fall in sales to Rs 23.31 crore in Q4 FY23 over Q4 FY22.
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