Edited By: Mohammad Haris
Last Updated: February 17, 2023, 15:59 IST
Following the profitable implementation of its WorkWell philosophy in its industrial property, Max Estates will look to implement its LiveWell philosophy right here. (Photo: Website/ Max)
The land parcel measures 11.8 acres and is positioned in Sector 36A, Gurugram, with direct entry from the Dwarka Expressway
Max Ventures & Industries Ltd actual property arm, Max Estates, has entered the residential actual property market in Gurugram by means of a joint improvement settlement, with improvement potential of about 2.4 mn sq.ft. and gross improvement worth in extra of Rs 3,200 crore.
The land parcel measures 11.8 acres and is positioned in Sector 36A, Gurugram, with direct entry from the Dwarka Expressway. The 150-metre vast Dwarka expressway connects Gurugram to Delhi and up to now 5 years, either side of this expressway have witnessed speedy progress in phrases of residential and industrial improvement.
The web site can also be strategically positioned on the confluence of the expressway, central peripheral highway (CPR) and deliberate Metro Corridor, by advantage of which, this web site has wonderful connectivity to central and secondary enterprise districts of Gurugram similar to cyber metropolis, Golf Course Road and southern peripheral highway (SPR). Furthermore, the positioning is positioned in proximity to the worldwide metropolis plan proposed by the Haryana authorities, envisioned as a futuristic central enterprise district of Delhi-NCR.
Following the profitable implementation of its WorkWell philosophy in its industrial property, Max Estates will look to implement its LiveWell philosophy right here, which focusses on the holistic well-being of its residents throughout all age teams. Max Estates might be growing the area’s first inter-generational group.
After profitable industrial developments in Delhi and Noida, Max Estates expanded its footprint to the residential improvement house in Noida in addition to introduced a industrial improvement in Gurugram. Through this transaction, the corporate will now have a presence within the residential market of Gurugram as nicely.
Sahil Vachani, MD & CEO of Max Ventures & Industries Ltd, stated, “FY2023 has been a defining 12 months for the corporate’s actual property enterprise in its progress journey. With this acquisition, we might be ending FY2023 with an actual property portfolio of about 8 mn sqft, which is nicely diversified in phrases of geographical footprint throughout Delhi, Noida and Gurugram in addition to between residential & industrial property. Our focus continues to be on distinctive design, sustainability and client experiences anchored on our WorkWell and LiveWell philosophy.”
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