The venture is planned to be created in different stages with a total sales potential abundance of roughly Rs 1,300 crore and will cater to the premium conclusion of the residential market.
Max Estates Limited, a wholly-owned Auxillary of Max Ventures and businesses, on Monday said that it has procured roughly 10 acres of blended-use residential land parcel in Noida at the amount of Rs 306 crore. “Max Estates Limited, the real estate arm of the company will obtain 100% of the value in Accord Hotels and Resorts Private Limited for Rs. 306 Crores. Post the securing, the said company will become a 100% auxiliary of Max Estates Limited,” the $4-bn Max Group said in a statement.
The venture is planned to be created in different stages with a total sales potential abundance of roughly Rs 1,300 crore and will cater to the premium conclusion of the residential market.
Max Estates Limited, a wholly-owned Auxillary of Max Ventures and businesses, on Monday said that it has procured roughly 10 acres of blended-use residential land parcel in Noida at the amount of Rs 306 crore. “Max Estates Limited, the real estate arm of the company will obtain 100% of the value in Accord Hotels and Resorts Private Limited for Rs. 306 Crores. Post the securing, the said company will become a 100% auxiliary of Max Estates Limited,” the $4-bn Max Group said in a statement.
Established in 2016, the mission of Max Estates is to offer spaces for Residential and Commercial use with utmost attention to detail, design and lifestyle. Max Estates aspires to be the most trusted Real Estate company driven by the desire to enhance the well-being of everyone we touch. Currently Max Estates’ portfolio consists of one residential community of luxury villas, and three commercial office properties in NCR that brought in the concept of WorkWell to India.
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