Max Estates has allotted 5,684 equity shares under ESOP on 13 March 2025. Consequent to the aforesaid allotment, the paid-up equity share capital of the Company stands increased to Rs 161,00,00,840/- comprising of 16,10,00,084 equity shares of Rs 10/- each.Powered by Capital Market - Live News

Net profit of Max Estates reported to Rs 19.75 crore in the quarter ended December 2024 as against net loss of Rs 3.14 crore during the previous quarter ended December 2023. Sales rose 65.66% to Rs 40.04 crore in the quarter ended December 2024 as against Rs 24.17 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales40.0424.17 66 OPM %28.9025.94 - PBDT28.59-1.31 LP PBT20.43-8.20 LP NP19.75-3.14 LP Powered by Capital Market - Live News

Max Estates will hold a meeting of the Board of Directors of the Company on 7 February 2025.Powered by Capital Market - Live News

Max Estates along with its consortium partners, announces the acquisition of a strategically located 10.33 acre mixed-use land parcel in Sector 105 on Noida-Greater Noida Expressway, for Rs 711 crore. Secured through allotment from NOIDA, this acquisition presents an opportunity to develop 2.6 mn square feet with 40 percent Residential (Group Housing) and 60 percent Commercial (including Office, Retail and Service Apartments). The project has a Gross Development Value (GDV) Potential of Rs 3,000+ crore and an Annuity Rental Income potential of Rs 140+ crore. The land acquisition is structured with a deferred payment plan, requiring an upfront payment of Rs 284 crore, with the balance payable in eight half-yearly instalments. With this acquisition, Max Estates now has a total real estate portfolio of 17+ mn square feet well diversified across Delhi NCR in terms of geographical footprint (Delhi, Noida and Gurugram), asset classes (Residential and Commercial) and risk spectrum (delivered, under construction, under design and in acquisition).Powered by Capital Market - Live News

Max Estates 128, a wholly owned subsidiary of Max Estates, announcedthe successful launch of Phase II of Estate 128, Noida. Estate 128 - II is registered with UP RERA number UPRERAPRJ294911/12/2024 and comprises the 4th tower, further expanding the thriving community of the first 3 towers, launched in July 2023.Building on the success of the first phase, the second phase has achieved a pre-sales booking value of Rs 845 crore within a week of its launch, and has surpassed the company`s original guidance of Rs 800 crore as the booking value potential for this phase. Combining both phases, the Estate 128 community will now comprise 4 towers with 268 units, spanning 10 acres and a total booking value of approximately Rs 2,700 crore.With the successful launch of Estate 128-II and Estate 360, Max Estates`recently launched residential project in Gurugram, the company has already achieved a booking value of approximately INR 5,000 Crores in the first nine months of FY25. This performance is well within the company`s full-year guidance of Rs 4,800-5,200 crore. Powered by Capital Market - Live News