Archive · 6 Sep 2025
Max Estates to Develop Rs 3,000-Crore Housing Project in Gurugram
Max Estates plans a large housing project in Gurugram, purchasing 7.25 acres of land.
They acquired Base Buildwell Private Limited (BBPL), which held the land rights.
The project's estimated revenue is Rs 3,000 crore.
The land acquisition cost around Rs 534 crore.
This move is part of their strategy to expand in the Delhi-NCR area, driven by high housing demand.
The project's development potential is 1.3 million square feet.
Max Estates acquired 7.25-acre land in Gurugram's Sector 59.
The company will develop a housing project on the land.
Estimated revenue from the project is Rs 3,000 crore.
Max Estates acquired Base Buildwell Private Limited (BBPL).
The transaction cost for the acquisition is around Rs 534 crore.
- Who
- Max Estates
- What
- Acquired land to develop a housing project.
- When
- September 6, 2025
- Where
- Sector 59, Gurugram
- Why
- To expand business amid strong demand.
- Company
- Max Estates
- Project Location
- Sector 59, Gurugram
- Land Area
- 7.25 acres
- Estimated Revenue
- Rs 3,000 crore
- Acquisition
- Base Buildwell Private Limited (BBPL)
- Transaction Cost
- Rs 534 crore
- Development Potential
- 1.3 million square feet