Mumbai, Mumbai property registrations, real estate, stamp duty, maharashtra
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CNBC TV1802-01-2026, 15:17

Max Estates Bets Big on Delhi NCR, Targets ₹6,500 Cr Sales & Massive Rental Income Boost

  • Max Estates will exclusively focus on the Delhi NCR market, citing its huge potential with 90 million sq ft sales last year.
  • The company is on track to meet its ₹6,000–6,500 crore sales booking guidance for the year, with major project launches scheduled for H2.
  • Upcoming projects include Estate 361 (Gurugram), Max 1, and Estate 105, with a combined inventory value of ₹9,500 crore.
  • While Gurugram's market may be plateauing, Noida's regulated supply keeps demand strong; NCR prices expected to grow 5-10% annually.
  • Commercial lease rentals are projected to surge from ₹150–160 crore to ₹750–800 crore by FY28–29, driven by new projects and a New York Life Insurance Company partnership.

Why It Matters: Max Estates commits solely to Delhi NCR, projecting strong sales and significant commercial rental growth.

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