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Max Estates Ltd News

Max Estates shares soar 6% on 7.25-acre project in Gurugram; details here

Max Estates shares rose 6% after it secured development rights for a 7.25-acre land parcel in Sector 59 in Gurugram

Max Estates shares soar 6% on 7.25-acre project in Gurugram; details here
Updated On : 08 Sep 2025 | 11:01 AM IST

Stocks to watch today, Sep 8: SpiceJet, TaMo, M&M, Vedanta, BHEL, HFCL

Stocks to watch today, September 8, 2025 | Aurobindo Pharma: USFDA issued 8 procedural observations after inspecting Telangana Unit-XII.

Stocks to watch today, Sep 8: SpiceJet, TaMo, M&M, Vedanta, BHEL, HFCL
Updated On : 08 Sep 2025 | 7:40 AM IST

Max Estates buys 7.25-acre Gurugram land at Rs 534 cr for housing project

The land parcel has a group housing development potential of 1.3 mn square feet, and will complement its Estate 360 project located on Dwarka Expressway in Sector 36A

Max Estates buys 7.25-acre Gurugram land at Rs 534 cr for housing project
Updated On : 06 Sep 2025 | 6:32 PM IST

Max Estates buys 7.5-acre Gurugram land to build project worth ₹3,000 crore

Max Estates Ltd has acquired a 7.25-acre land in Gurugram to develop a housing project with an estimated revenue of Rs 3,000 crore, as the company intends to expand business amid strong demand. In a regulatory filing on Saturday, the company informed that the board has approved acquisition of Base Buildwell Private Limited (BBPL). Base Buildwell is a special purpose vehicle holding licence and development rights over the 7.25-acre land parcel located at Sector 59, Golf Course Extension Road in Gurugram. "The outlay associated towards the transaction is expected to be around Rs 534 crore, comprising the acquisition of 100 per cent of the share capital of BBPL on a fully diluted basis comprising 10,000 equity shares of Rs 10 each and 24,17,256 compulsorily convertible debentures of Rs 100 each, and project-level payments toward security deposit, purchase of Transferable Development Rights, and related approvals," the company said. The estimated development potential on this land is

Max Estates buys 7.5-acre Gurugram land to build project worth ₹3,000 crore
Updated On : 06 Sep 2025 | 11:15 AM IST