What we do Max Estates Limited, part of Max Group, develops high-quality residential and commercial real estate in Delhi NCR. It focuses on premium lifestyle spaces and commercial offices. |
Founded in 2,016 |
Market share Prominent player in Delhi NCR's premium real estate segment with a growing footprint across residential and commercial projects. |
Problem solved Addresses demand for premium, sustainable living and commercial spaces emphasizing design, lifestyle, and wellbeing. |
Top clients or who we serve Serves end consumers (B2C) with residential properties and businesses (B2B) via commercial office spaces. |
Key management Sahil Vachani (Vice Chairman & MD), Dharmender Kumar (Chief Corporate Affairs Officer), Nitin Kansal (CFO) with diverse leadership strengths. |
Our journey and innovations Founded in 2016; launched maiden project in Dehradun (2016), expanded into Delhi/Noida commercial projects, partnered with New York Life, and scaled portfolio to 17.1 million sq.ft. |
Where we operate Primarily operates in the National Capital Region (Delhi, Noida, Gurugram) with premium residential and commercial developments. |
Top products or what we offer Premium residential projects like Estate 128, Estate 360, commercial developments including Max Towers, Max House, and upcoming mixed-use projects. |
Top brands Max Towers, Max House, Max Square (IGBC Platinum certified), Estate 128, Estate 360, Estate 361 (forest-anchored community). |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue combines cyclical project sales and recurring commercial rental income from fully leased assets. |
Our industry position Leading developer in premium real estate sector with 100% occupancy in commercial assets and strong presales in residential segments. |
Financial highlights FY2025 consolidated revenue ₹1604.9 Crores, PAT ₹408 Crores; growing net worth to ₹2360.9 Crores; robust pre-sales and rental income growth. |
Geographical revenue split Revenue primarily from Delhi NCR region including Noida, Gurugram, and New Delhi. |
Order book Pre-sales pipeline over ₹9,000 Crores with large projects under construction; strong rental income visibility from leased commercial assets. |
Whats driving growth Demand for premium residential and commercial spaces, strategic land acquisitions, partnership with New York Life, and strong leasing performance. |
Our future plans Launch ₹5,000 Crores projects in Noida, develop forest-anchored communities, expand mixed-use and residential portfolios, and pursue sustainable building certifications. |
Our green promise Focus on sustainable developments certified by LEED, IGBC; initiatives include IoT energy management, rooftop solar, waste segregation, and green material adoption. |
Our people and values Over 280 employees fostering a culture of excellence, diversity, and wellbeing; invested heavily in leadership development and employee health. |
Key challenges ahead Delays in approvals, market cyclicality, construction risks, maintaining premium positioning amidst real estate competition. |
Interesting facts First forest-anchored residential community in India; partnership with New York Life; portfolio includes 100% leased commercial assets with premium rentals. |
Risks and strategy Mitigates market risks via diversified portfolio, strong leasing, operational excellence, and focus on sustainability and quality to maintain competitive moat. |
