Max Estates Limited acquired development rights for an anticipated 7.25 Acres land parcel in Gurugram, Haryana. The land is situated in Gurugram’s Sector 59, along Golf Course Extension Road. The firm announced a premium project with a booking value above 3,000 INR-Crore. The company planned an investment of 534 INR-Crore in this project, development has a potential of nearly 1.3 Million-SqFt.
Additionally, Max Estates’ board approved the full acquisition of Base Buildwell Private Limited (BBPL). This special vehicle holds both the licence and development rights for the land. Once approvals close, BBPL will become a complete subsidiary of Max Estates. Moreover, this acquisition reinforces the company’s pipeline across Gurugram and Noida projects
Also Read: Sanvi Real Estate unveils premium residential project in Uttam Nagar
Sector 59 emerged as a major hub for premium homes in Gurugram. The location benefits from connectivity to Golf Course Road and Sohna Road. Moreover, upcoming metro links and improved road networks will support further residential growth. Consequently, the new Sector 59 project adds to an expanding pipeline. It also aligns with Max Estates’ strategy to focus on luxury housing. This plan reflects increasing demand for premium residences in NCR’s key corridors.
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