Max Estates Buys 5.5-Acre Noida Land for ₹272 Crore

Max Estates Ltd, along with minority consortium partners, has secured allotment of a 5.5-acre land parcel in Sector 132, Noida, for approximately ₹272 crore through an e-auction conducted by the local development authority, with plans to develop a mixed-use project spanning 5 lakh sq ft.

The company disclosed the allotment in a regulatory filing on November 6, 2026. The proposed development will comprise residential, commercial, retail and amenities components.

Under the payment terms, 40% of the bid value is payable within 60 days of allotment, while the remaining amount will be paid in instalments over four years.

Also Read: Max Estates Noida Project Approved

Project development and revenue potential

The planned development is estimated to generate revenue of ₹1,500-2,000 crore, along with lease income from its commercial and retail components.

Sahil Vachani, Vice Chairman and Managing Director of Max Estates, said, “This is a strategic addition to our Noida portfolio and reflects the disciplined, opportunistic approach we bring to land acquisition”.

Vachani said the acquisition is consistent with the company's strategy of replenishing its phased, multi-year development pipeline.

He added that the transaction is expected to strengthen its growth trajectory in the NCR residential and mixed-use market.

The company also stated that the acquisition would increase its overall future revenue potential to nearly ₹32,000 crore.

Also Read: Max Estates Acquires 84.71 Acres in Delhi via ₹420 Crore Share Swap

Expansion of Noida portfolio

The land acquisition adds to Max Estates' residential and commercial real estate portfolio in Delhi-NCR.

Vachani said the company's strategy involves building a high-quality portfolio across residential and commercial real estate in the region.

Max Estates Ltd is the real estate arm of Max Group. The company has developed commercial projects in Delhi-NCR and launched several housing projects.

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