Max Estates ends higher after reporting five-fold jump in Q1 pre-sales
Mumbai, July 3 -- The company has sold 487 units in Q1 FY27 across its projects in Noida and Gurugram compared to 43 units sold in Q1 FY26, reflecting more than a tenfold increase in unit sales.
Collections stood at Rs 500 crore in Q1 FY27. The company said that its annual collections across its residential projects typically range between 20-25% of the sales value, enabling it to undertake construction without incurring any incremental debt for its residential projects.
The company entered FY27 with GDV pipeline of around Rs 17,200 crore comprising projects Estate 105, Max One, Estate 361 and the high-potential residential community in Sector 59, Gurugram. The company plans to launch major projects in Noida and Gurugram in Q2 and Q3 of...
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