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Realty firm Max Estates Ltd on Thursday announced it has taken over the stalled 'Delhi One' project in Noida through the insolvency process and will invest Rs 1,400 crore to develop this mixed-use property.
In a regulatory filing on Thursday, Max Estates said it has taken over Boulevard Projects Pvt Ltd to revive Delhi One project in Noida, after 7 long years of wait.
Max Estates said it has successfully completed the acquisition of 100 per cent equity share capital of Boulevard Projects Pvt Ltd by way of allotment of 34,000 fresh equity shares to the company and its nominees, effective April 23, 2025.
The project is an integrated mixed-use development that will have ultra-luxury serviced residences, premium office spaces, and retail spaces.
Max Estates had received final approval from NCLT and NCLAT on February 2023 and October 2024, respectively.
"The company is acquiring the Delhi One Project pursuant to a Resolution Plan, and the total capital commitment, including settlement 

Max Estates said it has taken over Boulevard Projects Pvt Ltd to revive Delhi One project in Noida, after 7 long years of wait

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The Centre will brief leaders of various political parties on the Pahalgam terror attack and hear their views at an all-party meeting to be held on Thursday evening.
Defence Minister Rajnath Singh and Home Minister Amit Shah are expected to brief the leaders, official sources said. Singh will chair the meeting.
With the government announcing a host of measures targeting Pakistan in the aftermath of the Pahalgam attack where terrorists killed at least 26 persons, mostly tourists, on Tuesday, sources said External Affairs Minister S Jaishankar may also speak at the meeting.
The decision to call an all-party meeting was taken on Wednesday, with Singh and Shah reaching out to various parties.
There has been a convention for calling an all-party meeting following an incident with serious repercussions related to national security, as was seen after the Pulwama terror attack in 2019 or during the India-China standoff in 2020.
It helps present a picture of national unity in moments of cr

The decision to call an all-party meeting was taken on Wednesday, with Rajnath Singh and Amit Shah reaching out to various parties

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

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